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Imagine
a race where your horse has a 20-pound jockey and the others have
100-pound sometimes even 200-pound jockeys. Guess which wins.
This is how it works with mutual funds. Some have 20-pound jockeys.
Most have 100- and 200-pound jockeys high fees and taxes
that weigh down performance. Over the long run, this makes a HUGE
difference... more.
To find out what kind of jockey your fund has, click
here.
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