UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: Mark0Young Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76235  
Subject: Re: load mutual funds Date: 11/18/2001 1:56 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Is there any advantage to having a load fund?

Maybe. If you are receiving valuable investment advice and handholding, it may be worth the load. But if you are doing your own fund selection and can get by without continued hand-holding (and many people find they actually do better without the handholding once they get some knowledge of investing under their belt), the loads end up being pocketed without adding value, so it is then better to not pay for a service you aren't receiving.

The other time one may consider a load is when there is no no-load equivalent of that fund.

Personally, I make use of an investment professional because I don't trust myself with bear markets, but I know that I am getting less money actually invested in exchange for her advice and help. But I am probably in the minority here on fool.com. Actually, I have a foot in each camp: my regular (taxable) investments are in load funds through her, but my 403(b) investments are through TIAA-CREF, which is a no-load, low-expense investment organization and provides almost no hand-holding.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Heads Up, Real Estate Investors
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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