Quote:
Originally Posted by poundwise
Of course, it should also be mentioned that some load funds are excellent performers. I'm in favor of no-load funds myself, especially for most of us individual investors, however, I don't automatically rule out a fund due to a load. A friend of mine holds several that have generated big returns for him over the course of about 10 years.
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I agree. I have a couple of funds with American Funds that were gifted to me years ago and they have done quite well. I however wouldn't invest in them myself due to the 5.75% load. But the point you made is definitely valid, don't let an expense ratio or a load be the exclusive, deciding factor when choosing a fund.