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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (19468)5/29/1998 3:11:00 PM
From: Oeconomicus  Read Replies (3) | Respond to of 94695
 
Gersh, if there are $5 trillion in mutual funds of all types and the average expense ratio is 1/2% (equity funds are much higher, but this includes bond and index funds), that's $25 billion a year or $481 million a week.

Bob

PS: Scott, no steak knife (the babe with the accent got it), but I found the fork in the road.