…What are middlemen charging you for commissions, administration, websites, transfers, and other fees? Are there 12(b)1, shelf space, wrap, or finder’s fees? If so, how much are they reducing your total return? What’s the total cost to manage mutual funds within your plan? That would include transaction expenses to trade securities within portfolios – not clearly disclosed in any US mutual fund. Conflicts of interest. If a broker is involved, does he also include funds in the plan managed by his company? If so, they are “double-dipping,” deducting one set of fees for commissions and administrative expenses and another for money management. Their greed is costing you dearly…

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