Load or No Load

When buying mutual funds you want to consider load or no load funds. A  load is a sales charge or commission that is charged to an investor whenever they buy or redeem shares in a mutual fund. There are three types of loads – front-end load, back-end loads, and annual basis, such as a 12b-1 fee. The […]

The financial advantage of youth

The financial advantage of youth over an older adult is time. If you start investing at a young age and keep investing, by the time you are ready to retire, you should have built-up a comfortable amount in your retirement account, provided that you do not withdraw money from your retirement savings to pay down […]

The true cost of consumption

Did you know that when you spend money it costs you more than what you spend? Yes, remember compound interest? If you spend/consume $1000 per year, which equates to $83.33 per month, for the next 40 years, do you know how much that really costs you? If instead of spending/consuming that $83.33 a month, you […]