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The Importance of Slow Drip of the Cost of Fees
The average mutual fund fee today of 1.25%. That takes the best performing asset allocation for the world and this black look at Ford Pius and makes it far worse than the worst. Today, you can buy a fund ETFs that are pretty darn close to 0% fees. In some case have negative fees because of the short lending revenue. Why would you ever pay more? It makes no sense.