Mutual Funds - You've Lost Your Retirement Money?

John Bogle, the founder of index fund giant Vanguard, says mutual funds are like losing 40% of your retirement money. He was on a radio show and said that if you invested in them for life, they would have taken about 70%. That's just from 2% a year. John: "The miracle of compounding overwhelmed by the tyranny of compounding long-term cost"