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A breakdown of mutual funds for long-term growth investors

Watching your 401(k) balance in 2011 was a roller coaster ride. You probably saw it go up for a while at the beginning of the year, then take a steep dive down, then rise again before the year closed out.

Scanning the performance of Vanguard’s funds over the past year, you can understand the argument against mutual funds that invest in stocks. Of Vanguard

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