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MI024: Boglehead and Index Investing with Rick Ferri (Investing Podcast)
Millennial Investing - The Investor’s Podcast Network
The Cost of Marketing an Index Fund
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It costs an awful lot of money for these fund companies to go out there and sell you on the idea that they're going to outperform. So that money has to come from somewhere. Well, it comes from the current fund shareholders. And by the way, a lot of brokers get paid by selling these funds. That leads to 12 B1 fees and leads to commissions. It's all about making money from you as opposed to you making money for yourself. If you go into an index fund, the fees are extremely low and you don't pay a lot of those expenses.
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