Good investment management requires that you pick good investments, maintain diversification and pay focus on details. Since most of the people don't really know how to invest on their own, many of them turn to professionals to deal with the investment management chore for them. This can be costly. Here is how you can get the most bang for your buck ... your very best investment.

If you have got several million to invest you are probably not far more knowledgeable than most folks on the subject of investing money - you just have more of it. Hence you can afford to pay big bucks to somebody else to pick good investments for you and manage your investments.

Otherwise, you either discover ways to invest on your own, pay what you may for professional help, or avoid investing altogether. The latter is a poor choice if you ever anticipate to get ahead financially. That seems to leave you with two negative choices in case you are not really considering studying investing in detail or paying hard-earned money to someone who calls himself an investment professional.

Do not fret; I've got some really good news for you! In the event you are ready to put forth a little time and energy you can get good professional investment management for a whole lot less than you think. I call this the peoples' best investment: no-load mutual funds.

Mutual funds in general are designed for folks who need or want help picking good investments and setting up an investment portfolio with diversification. The problem is that some funds have sales charges, yearly expenses and other fees associated with buying, holding and/or selling them. Not simply does the fund itself have a cost structure, the investment expert professional offering them needs to receive money, too.

With no-load funds there is absolutely no middleman giving you advice and selling you on the merits of the product (fund). There is no investment salesman telling you just how to invest or where to invest ... and charging you for his efforts.

In place of costing you 5% off the very best and 2% or maybe more per year for expenses as well as perhaps other charges and fees ... you may get professional investment management from several of the largest and best fund companies within the country for less than 1% each year in fund expenses. Period, that's your total cost to invest.

Whenever you invest in no-load funds I suggest you deal directly with the fund company, rather than investing through a brokerage firm's web page. You may go to their website or call a toll-free number to get info or to open a mutual fund account.

With no-load funds there should be no charges or fees to pay, only modest yearly expenses which are automatically deducted in the funds themselves. The top investment management deal around? For my money it's no-load funds.