Monday, August 24, 2015

An Increasingly Common Story

Here's a link to a worthwhile recent short article about cost conscious, index-based investing:

Pension Advisers Learn the Folly of Trying to Beat the Market (Ron Lieber - NYT)

Excerpt:  "While pension fund managers pay much less than the 1 percent or so of assets that an individual might pay for an actively managed mutual fund, every basis point ... matters."

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