It Should Be Easy to Get Affordable Financial Advice: Ritholtz

The video discusses the evolution of investment fees, highlighting the impact of Vanguard in reducing costs across the industry. Despite this, high-priced index funds still exist, perplexing experts. The discussion covers the historical context of fees, the role of asset management, and the market's increasing sensitivity to costs. The video also touches on the influence of market trends and the Federal Reserve's actions on investment strategies.

What is the 'Vanguard effect' and how has it impacted the cost of index funds?

What are the implications of high fees on individual investors' returns, especially in a bear market?

Explain the significance of financial planning and its relation to investment fees.

Discuss the reasons why some investors still pay high fees for index funds despite the availability of cheaper options.

How did the market conditions of the 1990s differ from those of the 2010s in terms of investor sensitivity to fees?