No load financial product

I wish to introduce the concept of a "no load" financial product.

Examples of "no load" products are:
a) bank account
b) shares and bonds bought through the stock exchange

Some "no load" products require you to pay a transaction fee (e.g. brokerage) but they are usually less than 0.5% of the invested sum.

Examples of "high load" products are:
a) Life insurance and investment linked policies
b) Structured financial products
c) Time-share properties
d) Land banking products

The "high load" products have high front end charges that may take more than one year of your savings or more than 5% of your invested lump sum. They are used to pay high commission to marketeers to "push" the products to consumers. After paying the high marketing costs, the consumers get a poor deal.

Go for "no load" products.