| If you honestly think you can find the best mutual | | | | no-load funds. |
| funds with the best performance year in and | | | | To trim the yearly cost of investing, go with |
| year out, good luck to you. I never could. But if | | | | index funds offered by major no-load fund |
| you want to invest in the best mutual funds for | | | | companies. A $10,000 mutual fund investment can |
| your money this article can be worth thousands | | | | cost you more than $200 a year in expenses, or |
| of dollars to you. Read on and I'll prove it. | | | | less than $25 in a no-load index fund. As your |
| There is NO way to predict future mutual fund | | | | investment grows, so do your yearly expenses. |
| performance. If you don't believe me, read the | | | | As you continue to add money and your |
| fine print in their official literature (like the legal | | | | investment grows, sales charges and yearly |
| prospectus you get when you invest). Past | | | | expenses can easily add up to thousands of |
| performance does not guarantee future results. | | | | dollars. By the time you have $100,000 it can cost |
| That said, here's how to invest in the best mutual | | | | you $2000 a year just for expenses, or it can |
| funds I know of. | | | | cost less than $250. And chances are you won't |
| First, make sure you go with major fund | | | | know it because expenses are deducted directly |
| companies with good solid reputations and track | | | | from your mutual fund's assets, they don't send |
| records. I will list three of these later. Then, keep | | | | you a bill. |
| your cost of investing to a minimum. That's the | | | | What really matters when you're trying to |
| secret, and the ONLY way you can directly | | | | accumulate a nest egg and make your money |
| control your net return after charges and | | | | grow is how much you end up with after sales |
| expenses. Sales charges and fund expenses work | | | | costs, expenses and taxes. We've covered the |
| directly against you and lower your net return or | | | | first two, so let's go all the way. If you want to |
| profits. | | | | build a nest egg for retirement and really boost |
| So, lower your costs and that will increase your | | | | your profit potential by not paying income taxes |
| profits. In other words, the best mutual funds for | | | | on your mutual fund investment... consider a Roth |
| your money don't work against you with sales | | | | IRA with a no-load fund company that offers |
| charges and high expenses. Here's how to invest | | | | index funds. |
| the sensible, low-cost way. Don't pay any sales | | | | As promised, here are three major mutual fund |
| charges; and invest in funds with low expense | | | | companies I recommend to anyone who asks me: |
| ratios. Now, here's how you find these low-cost | | | | Vanguard, Fidelity, and T. Rowe Price. Remember, |
| gems. | | | | you're not trying to get rich overnight when you |
| To avoid sales charges altogether invest with | | | | invest in mutual funds. You're trying to make your |
| NO-LOAD fund companies. A typical $10,000 | | | | money grow or to earn higher returns NET after |
| mutual fund investment with a 5% load or | | | | charges, expenses and income taxes. You can't |
| commission will cost you $500 OFF THE TOP. You | | | | control the investment environment or the |
| send in $10,000, and $9500 gets invested while | | | | markets. But you can control your cost of |
| $500 disappears forever. Every time you invest in | | | | investing to increase net profits. |
| funds you are subject to sales charges except in | | | | |