Who's Profiting From Your 401(k)?

 

CNBC.com Article: Who's Profiting From Your 401(k)?

Why investors have suffered below-market returns even as mutual fund management company owners enjoyed market-beating results.

In this election year, there's a lot of talk about how the middle class has been decimated by our economic woes. In a sobering study titled "[T]he lost decade of the Middle Class", Pew Research Center defines this beleaguered group as those with household incomes between $39,000 and $118,000.

According to Pew, since 2000 the middle class "has shrunk in size, fallen backward in income and wealth, and shed some – but by no means all – of its characteristic faith in the future."

Their median income has fallen from $72,956 to $69,487.

Full Story:
http://www.cnbc.com/id/48827909

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