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Get a load of this

If someone told you that paying extra fees would be beneficial for your investment, would you believe them? According to Dalbar Financial Services, people who invest with "loaded" mutual funds do better than those who choose no-load funds. Counterintuitive? You bet. But it seems like transaction fees are just the right kind of disincentive to keep mutual fund investors from making the skittish moves that wouyld otherwise chip away at their profits. Click on the link above to read Ric Edelman's article, which explains the whole ethos behind pro-load funds. A smart investor is a richer investor.

Thu, 23 Dec 1999 09:49:10 -0800