re: How much should I pay a fund manager?

quote:

---

There is a yearly 1.3% (2 others with similar percent) yearly service charge fees.

---

Did you expect no annual fees? After what was discussed in this thread? If you want to pay that go for it. Entirely up to you.

quote:

---

And that's it. No commission. No back end. Etc.

---

LINK

LINK

quote:

---

Class C funds are mutual funds whose loads are paid annually as long as the fund is held. They may look like No-Load funds because there is no fee on the front end or back end(depending on time held), but the load is there in the annual fees. Class C funds can't be converted to the other classes.

---

If that is what you want, knock yourself out.
I'd suggest starting to educate yourself on investing. trust me, you do not have to be a rocket scientist to pick some mutual funds and manage them yourself. It is not as hard as "broke" makes it out to be.

I'm sure if things fall through "broke" will definitely hook you up. There could be a reason he is nicknamed "broke". he might break his clients.