Question about Finance
A mutual fund is quite simply a collection of stocks, bonds, or other securities owned by a group of investors and managed by a professional investment company. When you put money into a mutual fund, it is combined with money from similar-minded investors. This large pool of money gives you much greater purchasing power than you could possibly have investing on your own. "Pooling" of money is neither complicated nor exclusive to the mutual fund industry. If, for example, you and your co-workers put your money together to buy lottery tickets, you already know how "pooled" money works. On your own, you might be able to afford one or two tickets, but your money combined with your co-workers' gives you a share in a great many more.
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Posted on Dec 06, 2017
Mutualfundindia.com is a complete guide to mutual funds which provides detailed information on performance of various schemes including latest NAVs and fund comparisons. While taking into consideration various investment opportunities, the foremost challenge that almost every investor faces is the long list options. From bonds, stocks, money market securities, shares, every option presents its own set of benefits and challenges. Here Are the
Best Reasons to Invest in Mutual Funds
5 Best Reasons to Invest in Mutual Funds
Posted on Jan 18, 2016
There are different types of Mutual Funds...
Simple example: Mutual = ( a feeling or action) experienced or done by each of two or more parties toward the other or others.
"a partnership based on mutual respect and understanding"
synonyms: reciprocal, reciprocated, returned; common, joint, shared
That was a definition of Mutual.
A fund is a "Basket" where a collection of more than one security, and that could be either many different types of stocks, bonds, CD's, Real Estate, Precious Metals, etc. And they all work together and managed daily by a "Fund Manager" and his or her experience in this field, will yield the customer the highest gains. Mutual funds can be either very low risk or very high risk, depending on your ability to risky or not - Age and how close you are to retirement will answer how risky you can or should be. If you're a young teenager or 20 something, you can afford to be very risky and have the attempt to have about 15 - 30% gains on your investment. If you're middle aged, unless you have much $$$, you don't have the luxury to be quite so risky, so you will be in a more conservative fund gaining an average of 3 - 12% gain on your investment.
Do your research if you're interested in getting into mutual funds, and have fun and make your fortune. Retire a millionaire!
Posted on Apr 08, 2015
According to Wikipedia, a mutual fund is a type of professionally managed collective investment vehicle that pools money from many investors to purchase securities.
Posted on Aug 19, 2013
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Posted on Jan 02, 2017
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