No. of Recommendations: 0
<<But, we didn't take into account that you'll also lose 5.75% of your dividends every year if you reinvest them, so that return of a load fund will also be less, all things being equal. Plus, I highly doubt the American funds have a lower expense ratio than the Vanguard ones, at least by very very little. Pick two specific funds and we can compare.>>

I missed this the first time through.

You never have to pay to reinvest dividends and capital gains.

Honestly folks, you should know this stuff (or at least research it -- since individual research and responsibility is the cornerstone of no-load funds) if you are going to form a negative opinion about something.

American Funds typical expense ratio is about .6%. You can find out specifics on their site.
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