Читать книгу Mutual Funds For Dummies - Eric Tyson - Страница 44

Stockbrokers (also known as financial consultants) and commission-based financial planners make more money by encouraging trading activity and by selling you investments that provide them with high commissions — limited partnerships and mutual funds with high-load fees, for example. Brokers and planners also get an occasional message from the top brass asking them to sell some newfangled investment product. All this creates inherent conflicts of interest that can prevent brokers from providing objective investment and financial advice and recommendations.

The better no-load (commission-free) fund companies discussed in this book generally don’t push specific products. Their toll-free telephone lines are staffed with knowledgeable people who earn salaries, not commissions, and their websites enable you to quickly find needed information on your own if you so choose. Sure, these fund companies and their employees want you to invest with their company, but the size of their next paycheck doesn’t depend on how much they persuade you to buy or trade.