Copyleft 2006. Michael Saville
If you pay a load, it's like throwing away most or all of the supposed benefit of having a salesperson choose a fund for you. If it's true that asset allocation makes up 95% of investment results over long...
Load is the fee or commission that an investor pays to a mutual fund when he or she buys or sells shares of the mutual fund.
When the investor buys the shares, the commission is called a "front-end load." On the other hand, if the investor...
Copyleft 2006. Michael Saville
Most people talk about loads when they talk about fees that mutual funds charge. When a mutual fund has a "load," it just means that it charges a sales commission to buy, sell, or do both. There are funds...
Copyleft 2006. Michael Saville
People use mutual funds a lot. In fact, they are one of the most popular things to invest in right now. In numbers, what does that mean? There are more than 10,000 different funds with investments worth...
If you have some money left over after paying all your bills and don't need any more toys, or if you are starting a smart and financially responsible gamble on some wealth that includes investment opportunities, you may be wondering whether...
People always say that investing is a money game where "high risk equals high return and low risk equals low return." You might want to invest in a portfolio that can give you a good return, and the stock market is always your best bet for a high...
We've all heard that investing in a mutual fund is better than trying to pick stocks on your own. First of all, mutual funds hire professional analysts who are experts in the market and have spent a lot of time learning about the different...
It's a big decision to think about refinancing your mortgage for a home loan. The next most important thing is to figure out how to get good mortgage quotes from banks. To get competitive quotes from mortgage companies, you need to do a lot of...
Even though investing in mutual funds isn't a topic that brings to mind wild parties and celebrations, serious investors should think about it as a way to add to their wealth.
"But what is a mutual fund?" you ask. "How does it work, who...
The insurance industry came up with segregated funds as a way to compete with mutual funds. Today, a lot of mutual fund companies work with insurance companies to offer investors segregated funds. Investors in segregated funds can get some...