by Nick Hodge, Outsider Club:
How “The System” Steals Your Wealth
Let me show you how “the system” steals your investment dollars from right under your nose.
In this case, “the system” is the tangled network of advisors, salesmen, fund managers, and their associated costs and hidden fees.
We’re going to compare the performance of the broad market against my employer provided retirement fund (as opposed to the separate IRA I manage on my own).
Here’s a straightforward year-to-date chart of the Dow and S&P 500:
As you can see, they’re up around 10%-12% for the year.
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