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4/6/13 Part 2 - Mutual Fund Flaws and Separately Managed Accounts

USA Financial Radio on April 09, 2013 18:34

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More on the flaws of mutual funds, including: hidden costs, bid-ask spread cost, tax inefficiency, phantom tax, buying a distribution, and not being able to carry-forward losses. An alternative to mutual funds is opening a Separately Managed Account (SMA).

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