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Mutual Funds: Everything You Need to Know in 2 Quick Paragraphs Mutual Funds: Everything You Need to Know in 2 Quick Paragraphs
A mutual fund is a professionally-managed form of collective investments that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities. In a mutual fund, the fund manager trades ...
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Mutual funds, investment, retirement, good credit

Mutual Funds 101: What is a Mutual Fund
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Keywords: Mutual funds, investment, retirement, good credit.

A mutual fund is simply a financial intermediary that allows a group of investors to pool their money together with a predetermined investment objective. The mutual fund will have a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds). When you invest in a mutual fund, you are buying shares (or portions) of the mutual fund and become a shareholder of the fund. Mutual funds are one of the best investments ever created because they are very cost efficient and very easy to invest in (you don't have to figure out which stocks or bonds to buy).

By pooling money together in a mutual fund, investors can purchase stocks or bonds with much lower trading costs than if they tried to do it on their own. But the biggest advantage to mutual funds is diversification.
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Shyler
Comment By: shyler
Date: May 09, 2007 12:57:51
Nice. Get Rich with Mutual Funds. I like it.
 
 
 
 
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