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Re: Long term investment - buy more now!     22-Oct-08 06:13 am    
The way it was explained to me years ago, is that by making you pay the fees in the first year, it keeps away the short term investors. No one is going to want to put money into a fund with 50% going to fees if they want a quick short term return. By paying upfront with the fees, it forces you to go long term.
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I agree with all about having to pay up 50% in the firs...
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Re: Long term investment - buy more now!
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(1 Rating) 22-Oct-08 06:13 am  
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Fidelity Advisor Capital Development O (FDETX)

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