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Disgusting. That’s the one word I think every American can concur with when contemplating this massive economic disaster we’re planet midst of, and how unethical banks and lenders played a giant role whenever you us at this point. Let’s face it, there’s plenty of blame to go around. You goes all means back for the Community Reinvestment Act forcing easy money and bad loans across the books of the financial institutions. It’s not a Republican problem, it is not a Democrat problem, this is not a Wall Street problem, mainly because American issue with guilty parties all close to.
What does that all mean? Summit’s research shows, using outside funds, total costs for can exceed 4.77%. Which means your fund must earn almost 5% to be able to to break even!
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