12b-1 Mutual Fund Fees?

                 

The 12b-1 mutual fund fees are still around. These were originally permitted by the SEC to allow mutual funds to market their product to new investors, so are actually a sales load that adds up over the years. Fortunately, most funds no longer use them. They were also used to pay fees for the distribution of funds by brokers. But they sometimes persist, even when brokers are not involved.

                       

Avoid any mutual funds that charge them. Those fees become significant deductions from your accumulated holding values over the years. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

What about Idea Factories

What about Idea factories?

I recently read in a weekly business publication how a well-known major search/e-mail corporate entity is attempting to out smart its competition with fresh thinking. How it has broken down its technical-nerd group thinking to get at innovation.

However, has it occurred to the company that they are heavily communicating with consumers? That places them in an ideal position for a number of services those consumers are not presently receiving?
And which they can get at extremely low relative cost? That is, relative to what that search/e-mail corporation is spending today to get a leg up on competition, in order to add to low-risk earnings growth?

Earl Weinreb