What is the difference between a load and a no-load fund? Is one a better performer than the other?
Answer to relevant QuestionsDistinguish between a fund's cumulative total return and its average annual total return over a given time period, say, five years. Maria Gomez has recently been hired by a major corporation with a 401(k) plan. She thinks she will not participate, though, because she believes she can earn better returns investing on her own. What insight can you offer ...Which cost is greater: replacement cost or actual cash value? Why? Why is uninsured motorists coverage sold in states that have laws requiring compulsory auto insurance? What kinds of insurance provide protection against the financial consequences of illness and injury?
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