a. If you talk to a broker selling the high-fee mutual fund, what will he or she
Question:
a. If you talk to a broker selling the high-fee mutual fund, what will he or she probably tell you when you ask them, “Am I getting my money’s worth when I pay your high fees?”
b. According to Figure 22.1, is your broker’s answer likely to be right most of the time?
25% over the past few days. Now you can own one small slice of Google for only $430 a share (the price on the day this question was written).
Your brother says he is pretty sure the stock is going to head back up to $600 very soon and you should buy.
Should you believe your brother? Hint:
Remember someone is selling shares whenever someone else is buying. kio25
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