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Reply to "What do financial planners mean when they talk about clients with high net worth?"
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[quote=Anonymous]Vanguard's good and I have quite a bit of it but index funds, good as they can be, can also be a trap in certain down markets. You can do better with certain actively managed funds and newletters like the independent advisor for Vanguard online (I have no connection other than as a paid subscriber) can help identify those. http://adviseronline.investorplace.com/ Indexing is good but not at all foolproof.[/quote]
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