This post can be viewed on Investopedia here. Question Headline: Should I change my asset allocation strategy? Question Body: I am approaching 50 years old, single, and have about $2,000,000 in total assets ($1,000,000 in a 401(k), $500,000 in cash, and $500,000 in stocks). I don’t own a home but plan on buying one within the…
Category: Investopdia
The post can be viewed on Investopedia here. Question: Is a front load of 4.5 percent a normal percentage when purchasing mutual funds? Answer: 4.5% is not unusual for mutual funds, however I would never recommend buying a fund with such a high load charge. There are many mutual funds that have no load charges to…