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Why Jack Bogle Is Right To Distrust ETFs

FYI: Joe Investor is often his own worst enemy. Joe’s return lags his own fund’s by an average of 2.5% a year. That’s the result of buying near the market top, and selling in a panic near the bottom
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/07/16/why-jack-bogle-is-right-to-distrust-etfs/tab/print/

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