The Hidden Fees of Mutual Funds
Channel: Crash Proof Retirement
Date: 2012-11-21

http://www.firstseniorfinancialgroup.com
Many investors don't know about the fees charged by their Mutual Fund managers, but those fees could be devastating your nest egg.  You can get educated about these fees by attending a Crash Proof Retirement Educational Event.

"I learned today that there are hidden
fees that I'm paying and didn't know that
I was paying."

"Mutual fund fees I had learned about some time ago and we have no mutual fund investments. Simply because I I just felt they were always so expensive and particularly in the climate - economic climate that we're in mutual funds are not making a lot of money and yet with a little bit that it does increase, out it goes through your fees. And so you're not ending up with much plus money."

"When Phil talked about the mutual fund fees I don't know about everyone else in the room but I was certainly I was just amazed with the amount of fees and the number of fees no matter what the what the name of the fee is it's just additional fees you think you pay one fee but you pay two or three fees, or upfront front-loaded, fees back-loaded fees ongoing fees just fees. I was very surprised."

"I didn't know of any other investment opportunities that would eliminate the fees."

"I have mutual funds and and my mistake was that because I thought I was in a no-load vehicle this seminar made me realize that even though my vehicle was no load I'm still paying fees because there are mutual funds within my portfolio as well as a variable annuity which I'm really really upset about. So, we're going to have a come to Jesus meeting tomorrow."

"I was very glad that that Phil got into the mutual fund because you really don't know a lot of details - the little holes as he mentioned in the mutual fund. You know, the percentage that they're making. And I thought what was interesting is that that when they're changing mutual funds and they're charging you for that change and then they start going down where they're going to charge you for
that as well because they're going to have to get in and see what they can do to put in a play. So it's like a seesaw, I mean while you're losing and they're still making money in the long haul. And that that's kind of like you don't like that too much."