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Old 07-14-2005, 07:25 PM
TN_POKER_MAN TN_POKER_MAN is offline
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Join Date: Dec 2004
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Default Re: Why Mutual Funds are better than Index Funds

[ QUOTE ]
So you end up paying the manager 2% a year to churn money around the same universe of stocks.

[/ QUOTE ]

no i don't. There are plenty of good mutual fund managers out there that beat the index (even on a net cost basis). I'm sorry, but its about value and not cost.
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