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.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access