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So are you saying mutual fund investors should take there money and walk?

What I'm saying is that each mutual fund investor has responsibility for his investments. If he (or she) is unwilling to spend some time investigating various mutual funds, or choosing the right advisor, then he should not be shocked if he's ripped off.

People spend more time hunting down a good bargain on a television set or a Vegas weekend trip than on their financial investments. It's not a surprise that people get better bargains on their televisions and vacations than their mutual funds.

To twist an old line, You get what you pay attention to.

ET

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