Why do you think people continue to buy front-end load mutual funds with 56 percent commission fees

Question:

Why do you think people continue to buy front-end load with 5–6 percent commission fees when there are numerous no-load funds to be had?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...