As the Ben Franklin quote goes: "A penny saved is a penny earned." And with today's topsy-turvy market and with fees and expenses playing an important role in the accumulation of wealth for the long-term, the saying is still apt.
While risk and return are primary tools for evaluating mutual fund investments or potential additions to our portfolio — loads, expenses and taxes (three major drags on fund performance) — must also be considered. These factors can have a significant impact on returns over the long haul.
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