Detailed text transcripts for TV channel - CNN - 20100619:18:18:00
How do you avoid? >> well, i think the most annoying one would be that you go direct to one company, you open a fund that has a minimum of $2,000. deposit that in there. the market pulls back, all of a sudden your account is only worth $1,800 and you get charged a fee on top of it for dropping below your minimum. call the fund company, ask if there's a workaround. typically the companies are set up to maybe waive fees if you have a periodic investment plan. even only $50 a month. one company will not charge a fee if you get an e-statement. why people like the paper statement. but remember you ...