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Mutual funds have dominated the investing market for decades. They're pushed by the major banks, and the older generation got used to using them to invest in funds that track the market as opposed to individuals stocks, which are riskier. The thing is - mutual funds usually come with high fees. The banks push mutual funds because they can take a high management fee for actively managing the fund for you.. and that's simply not necessary. You can invest in easier, more passive ways with lower fees so you can keep more of your money. And today we'll break down what those other options are - like index funds and ETFs. 0:00 Mutual funds aren't your only option 0:48 What are funds? 2:14 What are mutual funds? 5:32 What are index funds? 9:17 What are ETFs? 11:13 What should you choose? EQ Bank - Our High Interest Savings Account - https://api.fintelconnect.com/t/l/614... Wealthsimple Invest - Our Robo-Advisor Investment Platform ($50 bonus) - https://wealthsimple.sjv.io/VyadoM Wealthsimple Trade - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.sjv.io/WDXEBZ Neo Financial - Our Cash Back Credit Card ($50 bonus) - https://join.neo.cc/stephandden Simplii Financial - Our No Fee Checking Account ($350 bonus) - https://api.fintelconnect.com/t/l/61f... Questrade - Low Fee Investment Platform Canada ($50 in commission free trades) - https://www.questrade.com/campaigns/q... M1 Finance - Low Fee Investment Platform USA (Up to $500 free) - https://m1finance.8bxp97.net/DVq3gd Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612... The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel! Website - stephandden.com Instagram - @stephandden TikTok - @steph.and.den Camera - Sony A6400 - https://amzn.to/2vsmDqc Lens - Sigma 16mm - https://amzn.to/2vslvCV Microphones - https://amzn.to/2tSa3jQ Tripod - https://amzn.to/37EAibU Small Tripod - https://amzn.to/2S3dWul External Hard Drive - https://amzn.to/3mQzMlP Our Music - https://www.epidemicsound.com/referra... The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases. Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.