(I hope it goes without saying that you'll rob yourself of at least 0.5 % in annual return if
you buy load funds.)
There's no evidence that load funds outperform no - load funds, so there's no good reason to pay the extra fee to
buy a load fund, but a broker will certainly try to convince you otherwise.
If you are clever enough to read Get Rich Slowly, you are also too smart to
buy loaded funds.
This means you can buy loaded mutual funds (AKA A-shares), and then these loads are waived (in other words, you're
buying load funds at NAV, and not paying their loads anymore).
The Fee - Based mutual fund picks are only for professional advisors that can
buy loaded funds (A-shares) at NAV in managed accounts.
Not exact matches
Furthermore, the 1 percent you pay to your money manager doesn't always cover the costs of
buying and selling the stocks and bonds in your portfolio or the sales charges (also known as
loads) and administrative fees charged by the mutual
funds your manager puts you into.
«
Buy a mutual
fund with a low minimum, no
load and no transaction fee; set up automatic purchases or just invest random amounts whenever you have extra money,» Rains said.
You also pay those mutual
funds, by the way — sometimes there's what called a sales
load when you
buy it; and an expense ratio, a recurring fee the
fund deducts from your account.
Load funds have no transaction fees; the fund company, however, may charge a sales fee («load») when you buy or sell the f
Load funds have no transaction fees; the
fund company, however, may charge a sales fee («
load») when you buy or sell the f
load») when you
buy or sell the
fund.
Wall street bandits
buy it and screw the employees and
load it up with debt purchased by the mutual
funds regular people are forced into if they want their savings to maybe keep up with inflation, bandits pay themselves with debt, bankruptcy follows.
Mutual
funds, for instance, sometimes charge a front - or back - end sales «
load» that's tacked on when
buying or selling shares of the
funds.
Though mutual
funds with
loads are not recommended because of the additional costs, stockbroker will try to convince you into
buying them because they get a continuous stream of income through the commissions you pay.
If you
buy mutual
funds, make sure they are no -
load mutual
funds.
I think mutual
funds with
load are in its way to extinction, but there are many of them still out there and there are many astute commission - based advisors who will present persuasive arguments for you to
buy them.
This means that the
funds will not be available for school construction or repairs because they are being used to
buy iPads
loaded with Pearson curriculum; both the iPads and the Pearson content will be obsolete within 3 - 4 years (when the Pearson contract expires and the iPads must be replaced).
You could move it all into cash, you could
buy gold or real estate or for that matter you could even take an aggressive approach and try to capitalize on stocks» carnage by
loading up on investments designed to rise when the market falls, such as bear market
funds or put options.
You'll want an index
fund with a low management expense ratio (MER)-- 1 % at most — and no
load, meaning that you don't pay a sales commission when you
buy or sell it.
The simplest way to be a successful mutual
fund investor is to
buy a single no -
load, low - fee balanced
fund.
If you employed a commission - based adviser, you could
buy only
funds that charged a «
load,» or commission, because it was that commission which eventually got recycled back into your adviser's wallet as his compensation for giving you advice.
His books won't have
loads of detailed investing advice, but are a great primer for people that don't know very much about investing beyond «
fund my 401 (k) &
buy mutual
funds.»
Dave Ramsey's policy is to get kickbacks from you
buying his recommended high - fee, front -
loaded mutual
funds.
What I wonder about is why anybody ever
buys into
loaded funds to begin with?
You can filter your results by 1, 3, 5, and 10 year returns, expense ratios and
loads, tenure of current manager, minimum initial purpose amount (many
funds can be
bought into for $ 500), and Morningstar's Own Personal Rating (between 1 and 5 stars with 5 being the best).
From my understanding, it is conventional wisdom that if a person wishes to invest in the stock market but does not have the time or aptitude to evaluate individual stocks and time the market, he should invest only in no -
load, low - fee mutual index
funds, using a dollar - cost averaging strategy in a
buy - and - hold fashion.
We should
buy and hold a passive, well - diversified portfolio of stocks and bonds, they said, preferably through a no -
load index mutual
fund or an exchange - traded
fund, requiring as little thought as possible.
With most brokerage accounts you are able to
buy virtually any mutual
fund available,
load or no
load, stocks, bonds, ETFs, REITs, money markets, etc..
Instead of
loading up a 529 and risk paying a penalty if the money is not used for education expenses, you could instead
buy savings bonds, have them on hand incase of emergencies, and then decades down the line cash them out and
fund a 529.
Load fees are paid when you
buy or sell some mutual
funds.
Our standard advice to mutual
fund investors is to avoid
funds that come with sales charges, known as
loads, which can range as high as 5.75 % each time you
buy shares.
Along with the MER, there may also be front -
load fees (commission charged when
buying units of the
fund) and deferred sales charges (costs when selling the units).
The fee may be a onetime charge when you
buy fund shares (front - end
load), or when you sell
fund shares (back - end
load), or it may be an annual 12b - 1 fee charged for marketing and distribution activities.
But if you
buy frequently, this seems more like a
load fee from your typical mutual
fund.
Sales charges, also known as
loads or commissions, are transaction costs of
buying or selling, say, mutual
fund shares.
Buy stocks, no -
load mutual
funds and other securities one at a time.
No
load and low
load funds make this less expensive than
buying individual stocks and you also have the benefit of professional management by an expert in each sector.
I hate to burst somebody's buble, but
buying a no -
load fund does not guarantee you will have a higher return.
Thus, it makes little sense for most investors to
buy shares in a
fund with
loads.
Some mutual
funds charge
load fees when
buying or redeeming shares in the
fund.
A front - end
load is charged when an investor first
buys shares in the
fund.
Ramsey may be the last person left who explicitly recommends that you
buy old - style class A
load funds, which can carry a commission of as much as 5 %.
Would love to
load up on equity index
funds but don't want to
buy so high or look too far internationally.
Also, Fidelity and TD Ameritrade both have
loads of No Transaction Fee (NTF) mutual
funds that I can
buy, add to and sell from, with no transaction fees.
Schwab tops this category for a slew of reasons, including the 4,968 mutual
funds that customers can
buy for no up - front
load or transaction fee.
rs 2500 in hdfc mid cap, rs 2500 in hdfc top 200, rs 2500 in dsp blacrock top 100, rs 2500 in reliance growth and rs 1000 in icici focussed blue chip
funds for 25 years i was not aware of exit
load that time i also have fixed deposits and recurring deposits of rs 450000 and mutual
funds value approx 835000 should i continue investing in mf / rd / fd or now i should use this money for
buying some plot.
You are also likely to attract some sales charges (
loads) as well after
buying mutual
funds.
Mutual
funds charge you fees either when you
buy them (that's known as a front - end
load), or when you sell them (that's called a back - end
load), but it always costs you to own a
fund.
The fees on it are absurd (as it is
loaded funds), and recently they have increased even more because a new
fund company
bought out our old plan!
You can
buy no -
load funds, which don't charge any sort of commission.
I can't imagine paying to
buy mutual
funds when there are so many free options out there, for years I've used T Rowe Price's asset builder to invest small amounts for no
load.
Transaction fees paid when you
buy or sell shares in a
fund (
loads).