Answer

The question I have is the Load versus no load funds? Then I hear about the Funds are either an A Fund, B Fund or C Fund plus a couple more? Then I hear they will change from a C to an A fund over time. Then bring in the 12B Fees? I tried to go with the no load fund where most of my investment money goes in at the beginning so it can earn more and hopefully compound. Is there a simple way to sort these out and which fund do most middle class people use?

The best way to determine the type of share classes (A, B, C, etc) that a mutual fund offers is to read the prospectus. I always advise people to look for low-expense funds. That means avoiding C shares that generally charge a 12-b(1) fee. A rule of thumb is to buy A shares if you plan to stay invested for 7 or more years. You'll pay up front but have lower ongoing costs.