This week on Consuelo Mack WealthTrack, the new realities in asset allocation. Consuelo interviews asset allocation master and bestselling author, David Darst, Chief Investment Strategist for Morgan Stanley Smith Barney who will explain how to update this essential foundation for your investment portfolio.
90% of 401(k)s are in actively managed funds
Minus 1% = 16% reduction in portfolio value
$500,000 Investment Account
Reducing 2.5% fee to 1.5%
= $90,000 over 10 years
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