The Worst Deal in Mutual Funds Faces a Reckoning-Bloomberg

This article correctly points out the ridiculousness of investor paying loads on funds.  It significantly reduces your principal and us usually a terrible idea, particularly if you aren’t likely on holding the fund for at least a decade.  Very few of the best mutual funds charge load fees so if your advisor is pitching you products with a load, it is very likely they are looking out for their own interests over your own.

http://www.bloomberg.com/news/2012-04-30/the-worst-deal-in-mutual-funds-faces-a-reckoning.html