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#1
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if you are really going to put money into mutual funds for a peroid of time say 10 , 20 , 30 yrs , go with the index funds the index funds have the lowest costs and over time outperform 95 % of all the mutual funds over the course of 10 , 20 , 30 yrs , if you can save money by not paying froned end fees , 12b1 fees and early withdrawl fees you will outperfom 95 % of all the mutual funds out there there are too many average people out there managing money , stick with a plain vanilla index fund and laugh all the way to the bank in 30 yrs |
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#2
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#3
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i'll check , there are some where you can get in cheap and don't need $3k
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#4
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Put him into a Dividend reinvestment program.
__________________
Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!" |
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#5
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yup , KO or PEP would probably be good for Joe
simple porduct , leader in the field , and the product gets used over and over again |
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#6
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Seriously, no fees, deal with computershare or a company like that and he can buy as much as he wants.
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Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!" |
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#7
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can't think of better drip out there than KO and he can buy the product at the track or otb it's gotta a decent yield right now as well that will only grow over time for him |
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