Part 2 of 2
John Rekenthaler has been tracking mutual funds at Morningstar since 1988. He correctly predicted early on that index funds would surpass actively managed funds. Now he sees a similar trend for ETFs as they attract record amounts of cash and mutual funds suffer outflows.
WEALTHTRACK Episode #1737; Originally Broadcast on March 12, 2021
Listen to the audio only version here:
JOHN REKENTHALER
- Vice President of Research,
- Morningstar
ONE INVESTMENT
REKENTHALER: LARGEST FUND POSITION
Buy: Vanguard Total Stock Market ETF (VTI)
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For the final week of Public Television’s winter fundraising season, we are revisiting an interview with award-winning financial planner Mark Cortazzo about preparing for “black swan” events, especially in the vulnerable years nearing or in retirement. Watch the episode again here.