Lifestyle

Financial Tip of the Week: Financial Expert Steve Sexton Explains Mutual Funds and Investment Strategies

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The San Diego Entertainer’s own financial expert, Steve Sexton, provides the Channel 6 San Diego Living show with a financial tip every Tuesday. We are thankful to be able to share his financial expertise with our readers in the youtube clip below.

This week on the San Diego Living show, Steve Sexton talks about the importance of managing one’s mutual funds’ fees and expenses. He advises choosing a highly rated mutual fund, well-ranked in its category. Using the example of $1 per share at $100,000 shares, the upfront fees, management fees and annual fees can affect the success of your mutual fund.

He also advises choosing good management, keeping the long-term in mind. “It’s all about buying the best merchandise with the lowest fees,” Sexton explains, “because that way you save money from falling through the cracks and you get a higher return.”

In planning ahead, Sexton encourages viewers today to look at their mutual funds’ fees and expenses, always choose a highly ranked mutual fund and to only invest in funds where the manager is also personally invested.

Be sure to watch Steve Sexton below as he gives further insight on managing one’s mutual funds for the long-term.

Steve Sexton is a financial expert who personalizes each individual’s financial plan on their unique circumstances and goals. He has over 15 years experience in the financial services industry and holds multiple licenses and designations including being a Better Business Bureau member and a National Ethics Bureau Member.

If you would like to learn more about securing your financial wealth and freedom, planning for your retirement or to reserve a spot in one of Sexton’s free financial workshops you can visit www.sextonadvisorygroup.com. Or you can reach the Sexton Advisory Group by contacting Steve Sexton at steve@sextonadvisorygroup.com or by calling 951-695-8810.

Don’t forget to watch Steve Sexton on the Channel 6 San Diego Living show every Tuesday for more financial tips!

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