No matter what type of investor you are, there is bound to be a mutual fund that fits your style according to your need and requirement and budget . it is to be believed that there are more mutual funds than stocks. It's important to understand that each mutual fund has different risks and rewards. In general, the higher the potential return, the higher the risk of loss. … [Read more...]
What are Mutual Funds?
A mutual fund is a type of collective investment scheme that pools money from many investors and invests it into the stocks, bonds, short-term money market instruments, and/or other securities. The mutual fund will have a fund manager that trades the pooled money on a regular basis. The net proceeds or losses are then typically distributed to the investors annually. Mutual … [Read more...]