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Hardcover Mutual Funds Exposed 2nd Edition: What You Don't Know May Be Hazardous to Your Wealth Book

ISBN: 0990824918

ISBN13: 9780990824916

Mutual Funds Exposed 2nd Edition: What You Don't Know May Be Hazardous to Your Wealth

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Format: Hardcover

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Book Overview

Mutual funds became popular in the 1920's as a way for smaller investors to get the benefits of having professional managers creating diversified portfolios. But even from the beginning, mutual funds had structural flaws that created disappointing long-term performance, thereby harming the financial well-being of millions of mutual fund investors. Some of these flaws include high costs, embedded capital gains, hidden costs, over-diversification,...

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