Comments on: What are mutual funds and are they a good idea to get? http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/ Thu, 17 May 2012 21:13:46 +0000 http://wordpress.org/?v=2.7 hourly 1 By: T http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/comment-page-1/#comment-1316 T Tue, 03 Mar 2009 22:08:57 +0000 http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/#comment-1316 A mutual fund is a basket of securities (i.e. stocks, bonds, etc.) that is run by a manager. The manager takes the deposits of the investors and buys and sells securities according to the type of fund it is. Reading the funds investment policy statement and looking at it's holdings, will give you an idea of what type of fund it is. It is a good way to invest in a diverse collection of securities...without a lot of money. And you get professional management too. It is called a mutual fund...because it is just that...a collection of many different peoples money, pooled together into a common fund. And run by a manager for a specific investment objective. "Mutual Fund". To start an investment...go on-line to a no load / no help site and by a fund that looks interesting to you. Start small...get the feel and then expand into different funds. You do not need to watch it everyday or worry about it like an individual stock. That is the mutual fund managers job. You will get a monthly statement...study that. That will be a good way to start. Hope this helped. A mutual fund is a basket of securities (i.e. stocks, bonds, etc.) that is run by a manager.

The manager takes the deposits of the investors and buys and sells securities according to the type of fund it is. Reading the funds investment policy statement and looking at it’s holdings, will give you an idea of what type of fund it is.

It is a good way to invest in a diverse collection of securities…without a lot of money. And you get professional management too.

It is called a mutual fund…because it is just that…a collection of many different peoples money, pooled together into a common fund. And run by a manager for a specific investment objective. “Mutual Fund”.

To start an investment…go on-line to a no load / no help site and by a fund that looks interesting to you. Start small…get the feel and then expand into different funds. You do not need to watch it everyday or worry about it like an individual stock. That is the mutual fund managers job. You will get a monthly statement…study that. That will be a good way to start.

Hope this helped.

]]> By: Lynn http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/comment-page-1/#comment-1315 Lynn Mon, 02 Mar 2009 22:20:22 +0000 http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/#comment-1315 Here is a good book to get you started....check it out at your library. Here is a good book to get you started….check it out at your library.

]]> By: src50 http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/comment-page-1/#comment-1314 src50 Sat, 28 Feb 2009 13:23:34 +0000 http://www.secretfinance.com/blog/what-are-mutual-funds-and-are-they-a-good-idea-to-get/#comment-1314 Go to investopedia.com or Yahoo Finance - you can learn about mutual funds there. Go to investopedia.com or Yahoo Finance - you can learn about mutual funds there.

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