Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Categories
Tip of the Day

Tip of the Day Bunch your Deductions into One Year

Bunch your Deductions into One Year - Every year it gets harder to do your taxes and receive a return, but part of good planning is to make sure that...

read entire tip

Recently Added
Other Great Sites
 

Loads

Definition: Loads are sales charges issued by the mutual fund.  If you pay the charge up front, it's called a "front end load."  If you pay it when you sell your shares, it's called a back end load.

TeenAnalyst Advice: As a young investor myself, I stay away from mutual funds with sales charges.  A mutual fund with a front end load of 3% means that for every $100 you give them, only $97 is invested.  It might seem like you're only losing $3.00 but if you keep that money invested for 50 years, it'll end up costing you $353 in lost compounding!*

Most mutual funds today are referred to as "no-load" funds because they don't charge these loads.  I recommend you stick with one of those.

*Assuming 11% annual rate of return.

 

Discuss It!

Getapk Market Apk said:

Getapk Market Apk

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Long-Term Investor

Long-Term Investor - Long-Term Investor is a person who makes investments for a period of five years in order to finance his or her long-term goals. Some hypothesis favor a one portfolio for all financier approach, emphasizing a best mix of assets program. The more traditional approach, which developed out...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com