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First, sales charges of more than 5% came trip top to spend his guy, so mike started off more than $1000 in the hole on a $20,000 mutual fund investment. Plus, expenses and other fees were costing him more than 2% per year. Second, his funds both had worse than average 10-year performance records. Third, the stock market had been lackluster since he made his purchase. When you invest in funds you could have no treating the markets, but you are find funds that are wonderful investments reference to to one other two factors: performance and cost of spending your cash.

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