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Subject:  Re: Questions for a story Date:  3/22/2004  4:38 PM
Author:  mjcalab Number:  39954 of 88775

When funds were spinning off 20%/yr growth, no one really worried about 5% loads, or 2% annual fees....all the folks 'were making money'. Now that returns are likely to be 6%/yr, that 2% takes 1/3rd of your gain.

And then inflation takes another 1/3 and then when the investment is sold another 1/3. So why bother taking the risk unless you like playing the game?
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