The default investment

Reader comment on: AFT Report on Money Managers

Submitted by Lyle (United States), Apr 19, 2013 15:18

If one goes that way the default investment should be a target date retirement fund, based upon ones age with a very low expense ratio. Folks should be educated that in general you can't beat the market, and that the toll takers (the banks and brokerages) are the ones who get rich off the market. Most funds don't keep up with the market.

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