MIL passing recently resulted in DW inheriting some money at Edward Jones. Met with FA and the money is in the process of transferring to a new account so we can decide what to do with it. Of course, getting the FA speech about how well she's doing with the account.
I see the loads on the funds range from 3.75 to 5.75 (she's got to fund her retirement too)... expenses range from .62 to .90.
I plan to run, don't walk over to Vanguard soonest possible time.
I have a stupid question about loads... are commissions paid on the reinvested gains of the funds, or just the initial purchases into the fund with new, outside money...since I'm all in low expense index funds, it hasn't been too important to me.
I see the loads on the funds range from 3.75 to 5.75 (she's got to fund her retirement too)... expenses range from .62 to .90.
I plan to run, don't walk over to Vanguard soonest possible time.
I have a stupid question about loads... are commissions paid on the reinvested gains of the funds, or just the initial purchases into the fund with new, outside money...since I'm all in low expense index funds, it hasn't been too important to me.