Should My Clients Buy Lottery Tickets?

The mutual fund industry has many products on offer. They range from actively managed funds to passive ones and there are considerable cost differences between them. Buying a mutual fund is not like a lottery ticket. Most people win, the most important question is by how much when compared to other available investment choices.


Clients should not buy lottery tickets. The chances of just finding a winning ticket lying on the ground are about the same as buying one from over the counter.