Tag: market in panic

3 types of fees that bleed your retirement assets

Per the US Department of Labor, a 1 % higher 401k plan fees and expenses could reduce your balance at retirement by 28% over a 35-year career. That’s a big deal!  As not all employer’s match, people are looking to the financial advisors for answers (and ironically paying hefty fees to find ways to reduce fees).

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John Bogle: Father of Index Funds died at 89

Yesterday, January 16, 2019, will go down in history for the passing of John Bogle, fondly known as the father of index funds, who died at the age of 89.  He was the first to create a mutual fund tied to an index such as S&P 500 and made index investing a popular phenomenon.  He revealed to the world that active fund managers rarely beat the benchmark indexes on a consistent basis and are plagued by exorbitant advisory fees and high operating costs. 

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