1. What are mutual funds?

Who Are Mutual Funds Right For?

Mutual funds are convenient for investors who don’t have the time to spend researching their investment choices or aren’t interested in or feel qualified to manage their own investments.

Through a mutual fund, you can invest in a professionally managed, diversified portfolio of stocks without plunking down a huge amount of money. You are essentially buying fractional shares. Through a mutual fund you can own the stocks of hundreds of companies with just a small investment. And mutual funds offer the convenience of liquidity; it’s easy to get in and out of them.

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