What is a Front-end Load?
A Front-end Load is the fee that some mutual funds charge for buying your shares. For example, if you invest $10,000 in a fund that charges 2% front-end load, $200 is deducted right away and only $9,800 is invested.
Investing in the stock market is one of the most accessible and reliable ways to build wealth and generate passive income. It is statistically possible, to invest $100 a month and become a millionaire by the time you turn 65. Regardless of when you start and how much money you can invest, there is something … Read more
First, let me start by saying that there are several advantages of investing with mutual funds, and I do use mutual funds in my portfolios. However, there are several disadvantages of investing with mutual funds that may not be obvious to new investors. In this article, I’ll review some of the problems with mutual funds … Read more
A mutual fund represents money contributed by multiple investors. That money is managed by an individual, or more likely, a whole slew of individuals. Not surprisingly, those folks who help manage and oversee your money do not do it on a volunteer basis. They get paid. Do you want to guess who pays them? You … Read more