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"The revelation of the two-thirds wealth transfer machinery was delivered by none other than John Bogle, the legendary founder of The Vanguard Group, a low-load
by myth_drannon 14y ago
"The revelation of the two-thirds wealth transfer machinery was delivered by none other than John Bogle, the legendary founder of The Vanguard Group, a low-load mutual fund firm, ..."
Of course John Bogle will try to sell his low fee index funds. With new products like ETF's and low index mutual funds very few people pay 2% fee. 0.1% to 1% is more realistic.
- dragontamer 14y agoIndeed. On the other hand, John Bogle / Vanguard does offer very good products, so it isn't that bad that he is willing to puff out his chest a bit on this issue. The important bit here is to look at the fees that you are paying with your 401k plan, and make sure they are acceptable.
- walshemj 14y agoYep in the UK my personal pension is sub 1% charge
- deleted 14y ago[deleted]