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Q. My employer offers a 401k with several funds from Merrill Lynch and other companies. They have an investment vehicle called a Goal Manager. This is a no fee plan. It is a selection of 10 funds used to create portfolios based on five models--- conservative to aggressive. Each portfolio will be managed...
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Q. How does one compare mutual fund expenses with organizations that invest directly in stocks? An independent financial organization is attempting to convince me that mutual fund costs to the investor are higher than independent investors. They say that costs are significantly higher than the stated...
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