"As it is now, millions of working Americans pay fees that are much higher than necessary for sub-par performance. That would change if enough people realized the impact fees have on their own retirement. If mutual funds consistently beat index funds paired with a simple asset allocation plan, they would be worth paying for. But that’s not what happens. Investors figure this out over time, but often so late it doesn’t matter: They lose, and Wall Street wins, again." forbes/sites/mitchelltuchman/2013/07/26/meet-the-yale-prof-ripping-the-lid-off-401k-fund-fees/
Posted on: Wed, 07 Aug 2013 20:56:54 +0000
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