Have you ever calculated the cost of purchasing and selling mutual funds? When you purchase a mutual fund, you pay Purchase Fees i.e. Front End Load. When you redeem the money, you pay Redemption Fees i.e, Back End Load. Plus, from your money, the fund pays the adviser and managers. So how much is your real investment? To find out, go through this amazing infographic.
Courtesy:- mint.com
As Americans enter 2012, their choice of bank may be increasingly important. Since regulations implemented in 2010 limit banks’ power to charge overdraft fees, many banks are looking for new ways to recoup the income they lost from this type of service fee.
Courtesy:- mint.com
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