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411 | The Simple Path to Wealth | JL Collins
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Are You Getting the Best Accounting Standards?
Jack Bogle, who created index funds back in 1975, was fond of saying that performance comes and goes but expenses are forever. The average fund as an expense ratio these days is about 1% or 0.8%. VTSA X, which we've been talking about as an example, is 0.04%. So huge difference. Maybe it doesn't sound like a huge difference, but you can comment on how that plays out over time, I think, even better than I can.
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