Yes, there is a key to boosting your retirement savings by as much as $1.2 million dollars according to ChristianBusiness.net’s Steve Kroening… yet it has nothing to do with the stocks picked.
In the study the key difference that improved long term yield was the relative management costs of the mutual funds. Low cost funds produced results that were $1.2 million dollars ahead of the high cost funds… fees for these funds were up to 800% higher than low priced funds.
Typically high priced funds are sold by brokers and Wall Street firms. I’ve known these types and when asked why the costs were so high, I’ve literally had them tell me “I’m worth it!” as their gold pinky ring cast its glare in my eye.
According to the study, the “I’m worth it” bit is a slurry of pure cellulose out of a bull’s digestive system.
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