No. of Recommendations: 0
"I waited until the two IRA funds would gain somewhat because of dividends". I am not sure what you mean by this. When there is a distribution (cap gains or dividends) the NAV of the fund goes down, but if you re-invest it stays the same, plus or minus any fluctuation of the day.

Also, you should know that part of any investment adviser's fee comes not just from what you pay directly, but also from some cut of the load. Therefore the adviser has an incentive to put you in a fund with a large load.

Bottom line is to stay away from such people.
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