THIS WEEK:

• US mutual funds hit by record withdrawals (0:59)
• Magellan manager says he "underestimated" (22:30)
  
• Myth or Reality: Bear markets are the biggest risk to your portfolio (27:57)
• Paul's Outrage: Brokers charge high fees for low returns (47:47)
  
• Our Guest: Fran Hawthorne, author of Pension Dumping  (7:15)

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This week on Sound Investing...

Is this the time to sell stocks and bonds?  Probably not, as prices have fallen dramatically during the past year.  But many investors continue to pull their money out of these two favored investments – 127 billion dollars in October alone - and many professionals continue to be bearish on the market.  Listen to what we think you should do now!

Never underestimate the challenges active mutual fund managers face: all that buying and selling, and trying to determine what stock might be hot next.  Seriously, one of the biggest fund managers has admitted he underestimated the depth of the financial crisis, and made some bad bets.  Learn more about the woes at Fidelity’s Magellan.

Is it a Myth or Reality: bear markets are the biggest risk to your portfolio?

Plus, Paul’s Outrage: Brokers charge high fees for lower returns.

Our guests include Fran Hawthorne, author of Pension Dumping: The Reasons, the Wreckage, the Stakes for Wall Street.