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1. What is likely to earn more money for you over the next ten years: putting your savings in an actively managed mutual fund with

1. What is likely to earn more money for you over the next ten years: putting your savings in an actively managed mutual fund with 1% fees managed by a star investor who has beat the market the last five years in a row or putting your savings in a broad, passive index fund with 0.4% fees? Explain why your answer is right

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