| Good investment management requires that you | | | | need or want help picking good investments and |
| pick good investments, maintain diversification and | | | | putting together an investment portfolio with |
| pay attention to details. Since most people don't | | | | diversification. The problem is that some funds |
| really know how to invest on their own, many of | | | | have sales charges, yearly expenses and other |
| them turn to professionals to handle the | | | | fees associated with buying, holding and/or selling |
| investment management chore for them. This | | | | them. Not only does the fund itself have a cost |
| can be costly. Here's how to get the most bang | | | | structure, the investment professional offering |
| for your buck ... your best investment. | | | | them needs to get paid, too. |
| If you've got several million to invest you're | | | | With no-load funds there is no middleman giving |
| probably not much more knowledgeable than | | | | you advice and selling you on the merits of the |
| most folks when it comes to investing money - | | | | product (fund). There is no investment salesman |
| you just have more of it. Hence you can afford | | | | telling you how to invest or where to invest ... and |
| to pay big bucks to someone else to pick good | | | | charging you for his efforts. |
| investments for you and manage your | | | | Instead of costing you 5% off the top and 2% |
| investments. | | | | or more a year for expenses and perhaps other |
| Otherwise, you either learn how to invest on your | | | | charges and fees ... you can get professional |
| own, pay what you can for professional help, or | | | | investment management from some of the |
| avoid investing altogether. The latter is a poor | | | | largest and best fund companies in the country |
| choice if you ever expect to get ahead financially. | | | | for less than 1% a year in fund expenses. Period, |
| That seems to leave you with two negative | | | | that's your total cost to invest. |
| choices if you are not really interested in studying | | | | When you invest in no-load funds I suggest you |
| investing in detail or paying hard-earned money to | | | | deal directly with the fund company, rather than |
| someone who calls himself an investment | | | | investing through a brokerage firm's web site. You |
| professional. | | | | can go to their web site or call a toll-free number |
| Don't fret; I've got some good news for you! If | | | | to get info or to open a mutual fund account. |
| you are willing to put forth a little time and effort | | | | With no-load funds there should be no charges or |
| you can get good professional investment | | | | fees to pay, only modest yearly expenses which |
| management for a lot less than you think. I call | | | | are automatically deducted inside the funds |
| this the peoples' best investment: no-load mutual | | | | themselves. The best investment management |
| funds. | | | | deal around? For my money it's no-load funds. |
| Mutual funds in general are designed for folks who | | | | |