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15- The Reason Mutual Funds Aren't Mutual

InvestED: The Rule #1 Investing Podcast

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Is That What John's Talking About?

In the long run, including dividends, it averages out about 7%. OK. So you're going to make five. And the 12 whatever million was at a growth rate of 7% per year, right? Yeah. But I also started removing money when the person was 65 or so. That's what he said is that by the end of your long investing life, they have removed 70% of your retirement fund into their pockets.

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