@Brady Hoke's Artery still long and strong on CERE? i've been watching and contemplating
@Brady Hoke's Artery still long and strong on CERE? i've been watching and contemplating
@Brady Hoke's Artery still long and strong on CERE? i've been watching and contemplating
So I am going to invest in a mutual fund but the financial advisor at my bank is pushing me to pay a 5.5% front load charge to invest. I know that once you pay that charge you will never again have to pay any kind of fee, but doesn't that seem kind of high?
well the fees are typically around 5% ive seen it as high as 8. There are no-load mutual funds. Your adviser just wants the money for helping you pick a fund.
historically there is no difference in returns from load and no load funds but your adviser wants to make money so he'll recommend the one with front loads.
So let me get this straight. The load is a one time fee paid up front at around 5% and after that there are no yearly fees? And no load mutual funds pay a small percentage fee every year?
If you plan on holding your investment for a long time wouldn't the load be better?
yeah a no load fund is going to have management expenses....but no fees to buy and sell like front load fund.
So why would anyone pay the load????
CNET did some things today once again..The Alibaba rumors were confirmed in a PR I believe...
LAS - what we thinkin? I bought in near EOD, because earnings (supposedly nice ones) are coming on Monday. Yet another Chinese company, these nikkas should be aight.
Oh and the weedsector been showin HUGE signs of life. Big bosses like ATTBF, TRTC and VPOR are in reversal mode I dare state. Too bad I fukked around and didn't catch the bottom on VPOR. Monday should be a nice buy opp.