Most investors own mutual funds in their retirement accounts, and the common thinking is that’s a smart and safe decision. But is that actually the case? We’ll examine some financial propaganda and discuss why mutual funds are actually costing you quite a bit of money. On this episode:0:31 - Financial Propaganda of the week0:48 - Bob’s propaganda: Several studies show money manager’s mutual funds are unable to outperform their underlying index.1:36 - Why would anyone own a mutual fund today?3:23 - Propaganda: For the first time, ETFs have more money under management than actively traded funds. 4:29 - Propaganda: Capital gains, are you letting history repeat itself?5:16 - The end of the year is a great time to do some tax-lost harvesting. Also consider taxes when taking RMDs.7:28 - This week’s spotlight: Certified Financial Planner Michelle McKinnon joins the show to share a client story about working with a couple to get reinvested after 2008.10:00 - The return on Stable Value is horrible.11:04 - There’s almost more risk not being invested than being invested.12:39 - The couple’s reaction to some of these changes we made.Show notes: http://bebullish.com