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Author: hjg0989 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: Your real retirement portfolio value Date: 3/30/2004 11:37 AM
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Nick,

I couldn't agree with you more !

There was an article recently in the Wall Street Journal that talked about the lack of transaction fee disclosure by mutual fund companies. It stated that the mutual fund business was opposed to disclosing transaction fees because they were afraid it would confuse the customers !!!!!

That's like a cashier at Walmart taking my wallet and giving me the change so I wouldn't be confused by their prices.

The only means I know of to guess at transaction costs is to look at the turnover rate of the fund.

In the mean time, we can only make decisions with the information we have available, which is why I think the majority of people discuss the management fees of accounts, funds, annuities, etc. but not the transaction costs.

-helen
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