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Dear Fellow Fools,
I can't thank you enough for helping a simple fool like
me to understand the world of investing,having said that here is my question. I have decided to fund my Roth IRA with a Mutual Index Fund like Vanguard or one of the others, while reading the chart of Index Funds I see a catagory called Expense Ratio and I don't know what that means. Please explain this for me and if there are other catagories that are not easily understood your help with these will be greatly appreicated.

Sincerly with thanks and awe,
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