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| Where's the postbox? http://planetsuzy.fun planetsuzy porndude Of course, there are dozens of ways in which a mutual fund can fail. Perhaps the most basic is that it can underperform its peer group in a particular year. But Bogle was talking about failure in a different sense – a more permanent sense. The problem that he was highlighting wasn't the mutual funds that don't sufficiently reward investors, but rather mutual funds that are dropping off the map entirely, whether by liquidating or merging away into other products. |
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