Category Index Funds

Mutual Funds a ripoff?

August 18, 2011 · by · in Expenses, Index Funds, Investments, Mutual Funds · Leave a comment

Maybe that’s pushing it a little bit, but the fact is that the vast majority of mutual funds, mostly actively managed, add more in costs than they do in value.  A net loss to the investor compared to what he should be paying. David Swenson, chief investment officer at Yale University (he manages their huge […]

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