No. of Recommendations: 0
Hawkwin,
I certainly agree in not parsing every sentence - however, as you may have noticed, you bring a different point of view than many on these boards. I am curious about one particular piece in your response -

The returns you quoted - do those include the effect of the sales charge?

I am not terribly familiar with loaded funds as I am a no-load believer. However, I would imagine it would depend somewhat on the class of shares sold. I am thinking of a front-end loaded fund when posing this question. Do your returns look at a situation and say, 'this investor brought $10,000 to the table, and earned 10% in one year and so he now has $11,000'? Or do they look look at the situation and say 'this investor brought $10,000 to the table, but only invested $9650 (after 3.5% load), earned 10% in the first year and so he now has $10,615'?

Hopefully that is clear. 10% is better in the first instance than 10% in the other!

Thanks!

Todd

Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement