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If you're going to use a small-cap index like the Russell 2000, you could desire to pause and think about why an excellent index fund business, like Lead, does not have any funds that follow it. The reason is due to the fact that it's a lousy index.
I have not even attended to the straw man here yet, and that is the fact that it is fairly uncommon that you actually have to pay either tax obligations or considerable payments to rebalance anyway. Many smart financiers rebalance as much as possible in their tax-protected accounts.
And of training course, no one ought to be buying crammed common funds, ever. It's really too bad that IULs don't work.
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