And that is actually what the capitalists demand. The workers should save enough at the times when business is good to be able more or less to live in the bad times, to endure short time or the lowering of wages. That is, the demand that they should always hold to a minimum of life’s pleasures and make crises easier to bear for the capitalists
—  Marx - Grundrisse Ch.5 1857

Here’s a little math: Vanguard’s Jack Bogle says over long stretches of time, like when you’re saving for retirement, you can expect the stock market to return about 7 percent. That’s actually great because at 7 percent your money doubles every 10 years. For this example, let’s say you invest $10,000.

So you can make serious money … but you have to factor in say, 2.5 percent inflation. “All of a sudden the real return is not 7 percent but 4.5 percent,” Bogle says.

And then you add the fees from the mutual funds if you’re paying people to pick stocks. Some fees you can see, others are harder to see. “The mutual fund managers take very close to 2 percent, so that 4.5 percent now drops to 2.5 percent,” he says.

Then if you have an investment adviser they might charge 1 percent. You get the idea. All these fees on your investment have cut your hypothetical return by more than $130,000.

The George Washington Of Investing Wants You For The Revolution

Graphic: Chris Arnold and Alyson Hurt/NPR