Detailed text transcripts for TV channel - CNN - 20100327:17:30:00
For a person 35 year old, $4,000 a year annual contributions, assuming a 7.5% annual return, by the age of 76, wow, if you have -- walk me through what you see here, a mutual fund portfolio, a little more than $2 million, in an etf, you would have had $3 million, so money lost to fees, more than a million bucks. why is this happening? >> what people dont understand is that when you buy a mutual fund portfolio, by the way, the portfolio we use is all morning star, four-star rated, mutual funds, t...
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