Mutual Fund Commissions

You have heard about a particular mutual
fund from a friend, saw it advertised on TV or read
about it in some publication thought it would be
a good buy. Next you call your broker to get his
advice before you buy because he is an expert
and is there to help you make money.

“Hello, Billy Sol (see Billy Sol Estes on
Google), this is Joe Mushroom and I want to buy
some XYZ mutual fund. What do you think?”

“Joe, I was just thinking about you and was
going to call you, but first let me look up XYZ
for you. Uh oh! Joe it has a high expense ratio
of about 1

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