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Why High Net Worth Individuals Should Consider Index Investing

Why High Net Worth Individuals Should Consider Index Investing

Many firms in the wealth management space aggressively market their active management portfolios with absurdly high maintenance fees and outdated performance bonuses. As it turns out, studies show high management fees are most damaging to one’s investment portfolio. No one knows better than Warren Buffett who has become one of the biggest proponents of index investing in recent years.