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First, sales charges in excess of than 5% came there are various top to his guy, so mike started off more than $1000 inside of the hole on the $20,000 mutual fund trade. Plus, expenses and other fees were costing him more than 2% each year. Second, his funds both had worse than average 10-year performance facts. Third, the stock market had been lackluster since he made his stock market. When you invest in funds you have no therapy of the markets, but you can find funds that are great investments reference to to one other two factors: performance and cost of transacting.