[legion]

I was a finance major in college. I wanted to learn how to make money.

What I learned instead was that those that try the hardest to make money (amateurs and professional fund managers alike) tend to do the worst in the long term.

Throwing darts at a page of the WSJ tends to outperform any "managed" investments (amateur or professional alike) over the long term (5+ years).

And the good old DJIA tends to outperform the dart board over the long term.

Loads/fees will eat almost any returns on any fund.

My advice (which I am not licensed to sell, so I'm giving it for free): get into a no-load index fund.