RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CJ and NuttalGotcha ? not you so much, but from your essay, it appears the Fund Managers are Gotching into their PayPackets at every lil Computer transaction. Worked for a Bank ( Royal ) for a number of years ,,, and Mutual Funds are the biggest fallacy to wealth creation goin!
Oxymoron Alert ! Imagine if you will...., Bank Clerks selling Mutual Funds !!!!. Like they would know all about Wealth creation., while on a mediocre salary.!
You almost never hear of wealthy OldTimers speaking of the wealth they accumulated through Mutual Funds... actually, I have never encountered a single wealthy person attribute their windfall to a Mutual Fund.