Interesting documentary about pension industry

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beanhead
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Interesting documentary about pension industry

Post by beanhead »

US-based, but much of it applies elsewhere as well : https://www.youtube.com/watch?v=lkOQNPIsO-Q

Bogle appears briefly.
Quote from him about actively managed funds "what happens in the fund business, is that the magic of compound returns is overwhelmed by the tyranny of compounding cost".

53 minutes long.
Anyone who has ever considered higher-cost managed funds of any variety (including, but not limited to, the offshore insurance schemes) should take a look.
Aiming to retire at 60 and live for a while longer. 95% index funds (eMaxis Slim etc), 5% Japanese dividend stocks.
Bubblegun
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Re: Interesting documentary about pension industry

Post by Bubblegun »

I enjoyed that
Baldrick. Trying to save the world.
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