Mutual funds are a popular choice for investing. They are easy to buy and sell and have a variety of options. So many options, that sometimes, it can be difficult to understand what choices to make.
If you are trying to understand the world of mutual funds, the tips in this section are for you. There are great articles about the basics of mutual funds, how to choose one, and how to compare them.
Tips, Tricks, and Answers
The following articles are available for the 'Mutual Funds' topic. Click the article''s title (shown in bold) to see the associated article.
Choosing a Mutual Fund
Investing your money is a complicated task and there are so many different options out there and then there are options within options for you to consider. Mutual funds however, can simplify the investment process and can help you on your way to saving money for your future.
Comparing Mutual Funds
A mutual fund, according to the Securities and Exchange Commission (SEC), "is a company that brings together money from many people and invests it in stocks, bonds or other assets." You need to understand how mutual funds are classified, how their performance is measured and the expenses associated with them in order to compare them and pick the best fit for your investment needs.
What is a Mutual Fund?
A mutual fund is a corporation in the business of investing money. The mutual fund manager combines the assets of all the fund's investors and buys stocks, bonds or other forms of investment. Mutual funds have advantages and disadvantages. They are easy to buy and sell and are regulated by the SEC, but they are exposed to the market and are not guaranteed by the FDIC, like a savings account would be.