I want to purchase mutual funds from American Funds,
is charlesschwab a good place?
2007-02-01 15:29:55 · 7 answers · asked by goose 1 in Business & Finance ➔ Investing
I love CHARLERS SCHWAB, INC. But you don't get any value by buying the American Funds from them. You'll pay a "load" and get little service for it.
The American Funds are great, but the load is high. For every $10,000 you'll pay $575.00 in commisions. Schwab can help you find wonderful funds, also with good track records, with little or no fee.
If you must have the American Funds go to Edward Jones. They're the largest seller of the American Funds in the USA. You'll pay the same fee. But you'll get someone to help you make sure your asset allocation is right!
Good luck!
2007-02-01 15:47:29 · answer #1 · answered by Common Sense 7 · 0⤊ 0⤋
These are load M.Funds where you pay money up front. Do not buy load M Funds. Get no-load there is no reason to pay sales fees when you can get a whole boat load of funds for free!!!
Go to Vanguard and pay no up front load fees and have a broad pick of stocks or bonds. Their expense ratios are some of the lowest in the industry.
2007-02-02 00:26:37 · answer #2 · answered by Brick 5 · 1⤊ 0⤋
I've had a Charles Schwab account since 2001. They do an outstanding job and I appreciate their services. I initially started with their funds and I was pleased.
2007-02-02 01:59:00 · answer #3 · answered by MOSES W 3 · 0⤊ 0⤋
I will check with sharebuilders.com their prices are usually cheaper than Schwab.
Check with a couple of on-line broker firms.
Do you want to e-mail me for them?
2007-02-01 23:38:41 · answer #4 · answered by c1523456 6 · 0⤊ 0⤋
Have you tried Fidelity investments? They're pretty good.
2007-02-01 23:58:11 · answer #5 · answered by yahoo?? 1 · 0⤊ 0⤋
sure like the rest of them get 1 you can trust
2007-02-01 23:37:16 · answer #6 · answered by peanut 4 · 0⤊ 0⤋
Yes.
2007-02-02 00:56:15 · answer #7 · answered by Anonymous · 0⤊ 1⤋