Quote:
Originally Posted by Boomer
I don’t pay loads or AUM fees either, retiredguy123. Also have a few individual dividend stocks that I tend to marry.
Thanks for your answer.
My next question is how could there possibly be an advantage to the investor in a load fund? I was looking at one that shows a 4.5% load. Well…….that’s sure a load.
With so many no-load funds available, is there ever a good reason for an investor to pay a load or do they just get slid into a portfolio because sometimes people don’t read the prospectus? What am I missing on this one?
Boomer
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The only reason to ever consider a load fund is if the results are so great that results are still awesome after subtracting for the load. To me not about to pay a sales charge or load.
Years ago there were lots of load fund but they seem to be going away.