Skip to main content
No. of Recommendations: 3
AMEX has loaded funds and worse, they tend to be mediocre
Take a look at Put in any fund you are
considering and you will see whether it has been performing up
to its peers.
If you must have an advisor, pick the fee-only one.
Read and study. You may be very happy making your own decisions.
It has been a tough market for the last year and the only ones
who made money were those in bonds--which probably won't be the
right choice over the next several years.
I inherited some AMEX (then IDS) funds and kept them for several
years since my parents had already paid the loads; when they
tacked on a 12b1 fee, I sold the whole bunch and really should
have done it sooner. Look at Vanguard. If you want actively
managed funds, Janus has historically been good although they
have recent problems; Fidelity has lots of research, also has
not done as well recently as historically.
good luck, and stay away from AMEX!
Best wishes, Chris
Print the post  


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.
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.