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URL:  http://boards.fool.com/they-fully-disclose-their-fee-so-whats-your-26522251.aspx

Subject:  Re: Withdrawal rates in retirement Date:  3/31/2008  4:37 PM
Author:  ResNullius Number:  62077 of 76418

They fully disclose their fee, so what's your problem? The previous poster found "1% of assets management fee" right on their WEB site.

If they are charging a fee that's too high for you, don't use them.

It's not fraud to charge what you think is too much.


I've got a problem with these a$$holes charging fees that many, if not most of their clients simply don't understand. When you tell a little old lady that all it costs is 1% a year, she has no idea that the broker is actually taking 30% of her yearly gain in exchange for putting her money in funds with high expense ratios to boot. If you don't have a problem with this, then that's your problem, not mine.
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