| It seems like there are just as many mutual | | | | that you do not have to learn how to manage |
| funds now a days as there are stocks. But what | | | | your account and you do not have to worry |
| are they? What happens when you put your | | | | about the curveballs the market may throw. You |
| money into a fund? | | | | simply pick a fund which you believe will do a |
| Well a mutual fund allows you to invest in how | | | | good job investing your money and then move |
| well you think particular management company will | | | | on. |
| perform. Basically your money gets pulled | | | | For this you do have to pay some fees such as a |
| together with many other investors' money and | | | | management fee, which can possibly hurt you. |
| the fund is responsible for managing it. | | | | But if the company makes a high enough return |
| The fund hires professionals to decide where your | | | | those fees will be too small to worry about. |
| money is best invested. Everyone who invested | | | | The important thing to remember is that mutual |
| in a specific mutual fund shares the highs and lows | | | | funds may be great for some people, but others |
| of that fund. So if the fund is making money then | | | | can do better without them. Some people like me |
| you as the individual investor are also making | | | | want to actively manage their account; other |
| money. If the fund loses money then you as the | | | | people need it to be done by professionals. It is |
| individual investor also lose money. | | | | really different from person to person. |
| The major benefit of this kind of investment is | | | | |