6 Money Myths You Probably Believe | The Financial Diet

This week, Chelsea shares the most common money myths you probably believe that are wasting money in your pocket. Want to learn about more myths that might be holding you back? Check out this video: More info on investing: You can have multiple retirement accounts -- having both an IRA and a 401k can be great, as they offer different tax advantages and IRAs offer broader investment options. Actively-managed mutual funds tend to have higher fees than passive ones. John Oliver