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First, sales charges in excess of than 5% came over top to spend his guy, so mike started off more than $1000 in the hole on a $20,000 mutual fund investment capital. Plus, expenses and other fees were costing him more than 2% per annum. Second, his funds both had worse than average 10-year performance records data. Third, the stock market had been lackluster since he made his move. When you invest in funds anyone could have no therapy for the markets, but you can find funds that are great investments regarding to the opposite two factors: performance and expense of spending your cash.

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