A subtle difference that could be costing you big, part 2

<p>Today, part two of our episode from last week in which we dive into a topic that sounds a little technical, so most people assume it's not worth paying &nbsp;attention to, but makes a difference that may be costing you thousands of dollars. Financial planner Mike Morton explains the difference between the mutual funds we're all familiar with and ETFs, &nbsp;and why that difference is likely to show up in your tax bill. &nbsp;He also covers:&nbsp;</p> <ul> <li>Why you should invest in ETFs, not mutual funds, in your brokerage account.&nbsp;</li> <li>An explanation of A, B, and C class shares of mutual funds</li> <li>What is an index fund?The difference between an active fund and a passive fund</li> <li>Why are mutual funds and ETFs taxed disparately?</li> <li>Can you exchange a mutual fund for an equivalent ETF?</li> </ul>