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<<I am thinking about selling my mutual fund with DeanWitter(about $5500)and
 sending that money to my discount broker and invest them in stocks (as a Fool).
 I have DIVBX and is doing okay. It beat the S&P last year, but it has been
 stagnant since october. The problem is that I have to pay a 5% charge to get out
 before 5 years (been there about 2.

 Is the 5% charge worth paying to take control of the companies I want to invest
 my money (yes, Including Amazon). What do you people think?>>


The thing to realize here is that you've already paid the 5% the day you buy the fun.
It's just subtracted very slowly. 
Every year that you don't sell the fund, a 1% 12b-1 fee is subtracted. 
When the full-priced broker sells you a "B" class share, he tells you that you have to hold onto it to avoid paying the 5% load.
But that isn't remotely true. The longer you hold the fund, the more you pay.
Here's a graph that I hope helps:

 Year   Annual 12b1  Cumulative 12b1  Exit fee  Cumulative Load 
 1      1%           1%                5%        6%
 2      1            2                 4         6
 3      1            3                 3         6
 4      1            4                 2         6
 5      1            5                 1         6
 6      1            6                 0         6
 7      1            7                 0         7
 8      1            8                 0         8
 9      1            9                 0         9
 10     1           10                 0        10

You can't avoid paying the sales charge by holding the shares.


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