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Wall Street Fees Wipe Out $2.5 Billion in New York City Pension Gains
NY Times ^
| 04-08-2015
| PATRICK McGEEHAN
Posted on 04/13/2015 12:02:34 PM PDT by NRx
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To: kearnyirish2
Actually most index funds are run by computer. That’s one of the reasons they keep their fees and expenses to a fraction of what actively managed funds generally run.
21
posted on
04/13/2015 2:22:06 PM PDT
by
NRx
(An unrepentant champion of the old order and determined foe of damnable Whiggery in all its forms.)
To: NRx
These people have never heard of index funds and or don't know why long term they almost always outperform actively managed portfolios? If you are retired and need an income stream, index funds don't perform.
http://investorplace.com/2014/03/dividend-investors-index-funds-wmt-yhoo-brk-a-brk-b/
22
posted on
04/13/2015 3:16:29 PM PDT
by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: NRx
Wall Street: sucking off of $4 Trillion that was "pumped" by the Fed.
These people are not "investors." Investors used to be about economic growth, industry, and jobs. Today's Wall Street hucksters are nothing more than gambling addicts sitting at the Fed slot machine.
When this bubble bursts, there will be blood on the walls.
23
posted on
04/13/2015 3:40:18 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: NRx
Whenever conservatives talk about privatizing social security the first things liberals say is that the stock market is too unstable for common folk. Then they go right ahead and invest civil pension money with a bunch of corrupt cronies.
24
posted on
04/13/2015 3:43:50 PM PDT
by
Kid Shelleen
(Beat your plowshares into swords. Let the weak say I am strong)
To: NRx
I see; we do pay less for them, and I didn’t understand why.
Thanks!
25
posted on
04/13/2015 4:26:37 PM PDT
by
kearnyirish2
(Affirmative action is economic warfare against white males (and therefore white families).)
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