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Your "Diversified" Portfolio Is Just an Expensive Index Fund | Brett Rentmeester

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You Asked, Brett Rentmeester Answers… Most investors believe more diversification means more protection, but Brett Rentmeester explains why that's not always true. In this interview with Maggie Lake, Brett reveals how layering too many similar funds creates what is essentially an expensive index fund, with overlapping holdings and inflated fees. He also explains why the classic stocks-and-bonds mix can fail simultaneously when…

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