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15- The Reason Mutual Funds Aren't Mutual
InvestED: The Rule #1 Investing Podcast
The Average Return in Mutual Funds Over the Next 20 or 30 or 40 Years Is Around 7%
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The average return in mutual funds probably over the next 20 or 30 or 40 years is going to be around 7%. And these guys are charging a 2% fee to manage that money. The power of compounding is one of the most difficult mathematical concepts on the planet.
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