The Mutual Fund Myth (An Index Investing Blog)

"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer

Wednesday, March 28, 2007

Paying More for Bad Advice

Jane Bryant Quinn of Newsweek explains how many investors who utilize the services of financial advisors pay a "broker penalty" - paying for advice and then paying more for the high-fee investment products that are recommended.

posted by MHS at 12:55 PM

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Previous Posts

  • Sorting Through the ETF Jungle
  • Money Managers Take a Big Bite
  • Ten Things Your 401(k) Provider Will Not Tell You
  • The Frenzy of New ETFs
  • New ETFs Come with Increased Risks and Costs
  • Bare-Bones 401(k) Plan Will Be in Vogue in 2007
  • Wild and Seriously Wacky ETFs
  • Pitfalls of Variable Universal Life
  • Money Manager's Family Portfolio Uses Index Funds
  • 401(k) Industry: Up For Review

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Name: MHS
Location: Austin, Texas

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