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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

Build a Nest Egg that is 25 Times the Annual Investment Income You Need - When it comes time to retire are you going to have enough money to live...

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Pure No-Load Fund

Pure No-Load Fund A mutual fund that does not include a redemption charge or 12b-1 fee, so there is no cost whatsoever to enter the fund. The beauty of this type of fund is that every penny that you invest will actually be invested, as it will not be used to cover all of these extra expenses that will often arise. The only drawback is that you will often pay a significant commission. Therefore, while there is no additional money being paid upfront, you will pay in the end if your investment is successful because of the commission that goes to your manager.

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Definition of the Day Commingled Fund

Commingled Fund - A Commingled fun is a mutual fund or a common trust fun consisting of various kinds of assets from several accounts united together. The commingled funds asset, mitigate the risk for the investor or shareholder through diversification and reduces the cost of organizing each account separately. The...

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