In this episode, Steve Campbell and Travis Maus discuss the topic of mutual funds and why investors may receive a tax bill even when they lose money. They emphasize the importance of understanding net earnings and how much money actually ends up in your pocket after taxes and fees.

They explain that mutual funds are required to make regular capital gains distributions to shareholders, which can result in unexpected tax bills. They also discuss the concept of diversification and the potential drawbacks of owning multiple mutual funds.

Finally, they suggest that investors consider creating their own personalized portfolios to have more control over their investments and potentially reduce taxes and fees.

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Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

You can watch all episodes, as well as other great content produced by NQR Media, through their YouTube channel at https://youtube.com/@NQRMedia

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group.

Steve Campbell has over a decade of experience in the industry and serves as Chief Brand Officer at S.E.E.D. Planning Group.

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Chapter Markers

0:00 - Introduction

1:57 - Understanding Mutual Fund Capital Gains

11:02 - The Pitfalls of Mutual Fund Diversification

15:46 - Optimizing Personal Investment Portfolios

25:32 - Maximizing Investment Returns Without Capital Gains