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I would prefer to pay a MF manager 2% to get a return that is significantly better than the S&P 500 index - and with the screeners currently available it is easy to find numerous funds currently available.
And there are numerous ETF's that do much better than the S&P 500 index - or the ETF's noted by the writer of this opinion piece.
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[BRIEFING.COM] The major averages ended the midweek session on a flat note after spending the day inside narrow ranges. The S&P 500 hovered near the 2,000 mark for the majority of the trading day, but slumped to new lows during the last hour of action. The index then returned to its flat line, where it settled for the day. For the third day in a row, participation left a lot to be desired with just 487 million shares changing hands at the NYSE.
Equity indices opened with slim gains, ... More
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