Tag: mutual funds
The Basics – Mutual Fund Investing
November 22, 2014
What is a mutual fund? For many of us one of the easiest ways to invest is through mutual funds in our employers 401k/403b retirement plan. These plans mostly allow your to invest in mutual funds, and so what are mutual funds? They are an investment vehicle that takes money from investors, which is you and I, and pools this money together to buy investments that are typically a mixture of stocks, bonds and cash. When you buy a mutual fund, you are buying shares of the fund that contains these investments. Nowadays there are plenty of different types of mutual funds to buy, which can differ in their strategy of investing