Best In Wealth - Best Practices For Real People, Investments, Retirement Planning, Money Management, Wealth Building, Financi

What is style drift? Style drift is when the fund you’re invested in drifts away from its investment objective. Why is this problematic? How can it impact your portfolio if your mutual fund isn’t actively managed? In this episode of Best in Wealth, I’ll share more about style drift, give an example of what it looks like, and I’ll tell you one of the best ways to avoid it. Check it out![bctt tweet="Don’t let your investments “drift” away! Find out what I mean in this episode of Best in Wealth. #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement" username=""]Outline of This Episode[1:09] My summer working in Alaska[5:40] Why I prefer mutual funds and ETFs[9:24] You want allocations in every major asset class[10:21] Using the small-value asset class as an example[19:43] Don’t let a huge drift impact your portfolioWhy I prefer mutual funds and ETFsAfter I got my Bachelor’s degree, I took a lot of classes on investing to learn how to buy/sell stocks. After all o