June 8, 2015

Calpers doing what you should - lower your fees!

Bottom line is that fees are everything.

The investment business is built on the fallacy that they can invest better than you can.

Not only that, they will charge you a fortune to invest your money regardless if they beat the indexes or not.  WOW.

Finally, the country's largest pension fund, Calpers sees the light.  Read the NY Times article here.