B Shares As An Investment For 70 Year Old?

Q. My question is...Do you or would you recommend B Shares as an investment for somone in their 70's? And if not, please explain why.

Thank you very much.

A. I do not recommend B shares because they cause you to lose your flexibility. The only reason there is a back-end load is because it is a commission-based fund and there are too many other alternatives available that don't charge a commission.

If you want to tell me more about your situation I can make a recommendation.

Your posted comments on this and other questions are welcome.
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