
The Hidden Gap in Mutual Fund Investing
It’s one of the most frustrating secrets in personal finance: the returns that mutual funds advertise are almost never what their investors actually earn. It sounds unbelievable, but even industry insiders like Fidelity's Peter Lynch and Mad Money's James Cramer have acknowledged the issue. While most people know that actively managed funds often struggle to beat a simple S&P 500 index fund, the reality is even harsher.







