The Problem With Mutual Funds

When you buy mutual funds, you are charged a purchase fee upfront.This is a one-time payment to the fund management institution. Annually, you will be charged with a percentage of management fees, commonly known as “expense ratio”, which can be expensive.

Beware when advisors at your bank recommend mutual funds to buy. They might be earning a sales commission.

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Personal finance tips that don't require frugality

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Personal finance tips that don't require frugality

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