Lou Samuels was really excited. After watching a commercial about the New Century Fund on NBC and talk of the mutual fund at an 800 number, he was ready to commit. And why not? The fund had an annualized c of 16.6 percent over the last 10 years. Furthermore, he was impressed with the fact that it was a low-load f commission of 3 percent and an exit (sales) commission of 0.75 percent. The mutual fund shares for this ag were currently selling at $36. He planned to make the purchase the next morning. Although the fund kept i during the evening, he had previously scheduled a tennis match with his investment advisor, Tony Roseman about the proposed investment first. As they were warming up for the match, Lou told Tony about the excit about to invest in. Tony, a CFP, had been in the investment business long enough to know that investors ar away by their enthusiasm and make hasty, not well-thought-out decisions. Complete the following: What matters should the investment advisor point out to Lou?

Lou Samuels was really excited. After watching a commercial about the New Century Fund on NBC and tal of the mutual fund at an 800 number, he was ready to commit. And why not? The fund had an annualized of 16.6 percent over the last 10 years. Furthermore, he was impressed with the fact that it was a low-load commission of 3 percent and an exit (sales) commission of 0.75 percent. The mutual fund shares for this ag were currently selling at $36. He planned to make the purchase the next morning. Although the fund kept during the evening, he had previously scheduled a tennis match with his investment advisor, Tony Rosemar about the proposed investment first. As they were warming up for the match, Lou told Tony about the exci about to invest in. Tony, a CFP, had been in the investment business long enough to know that investors a away by their enthusiasm and make hasty, not well-thought-out decisions. Complete the following: -What matters should the investment advisor point out to Lou