Investment is one of those topics that is so vast and broad, sometimes we don’t know where to start. Whether your comfort level is at the local bank with a CD or shorting a tech stock, you will find useful tips and ideas here. We will explore what a practical diversified portfolio is, and the types of investments available from safe to scary.
Discretionary Dollar Investing
Mutual Fund Basics
Monday, December 7th, 2009 at 8:46 PM
A mutual fund is a perfect example of yet another simple concept, that has been expanded into a very complex part of personal finance.
Basic Gist
A mutual fund pools money together from thousands of small investors and then it’s manager buys stocks, bonds or other securities with it. When you contribute money to a fund, you get an ownership stake in all its investments.
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