While focusing on the Federal Reserve’s quarter-point interest rate cut, you may have missed an interesting milestone in the investing world: For the first time ever, U.S. index (passive) mutual funds have more money invested in them than active, stock picking funds.
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There are hundreds of thousands of folks running around offering financial products and services, some with a vegetable soup worth of designations after their names. Before you sign on any dotted lines, here are 13 questions to help you out.
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