What is a mutual fund?
- What is a mutual fund?
- Who runs a mutual fund?
- What are the advantages of mutual funds?
- What types of mutual funds are there?
- What kinds of funds are best for retirement?
- What kinds of stock funds should I consider?
- What's a stock index fund?
- What makes an index fund so great?
- What's a bond fund?
- Bonds vs. bond funds: Which is better?
- What's a money-market fund?
- Is there a single no-brainer investment?
- How much do mutual funds cost?
- With fund expenses, how high is too high?
- Which is better, a load fund or a no-load fund?
- How can I tell if a fund is a good performer?
- When should I sell a fund?
It's simply a pool of money from thousands of people like you that invests in certain things. One mutual fund might invest in the stocks of large U.S. companies. One might invest in Treasury bills. Another might invest in a huge assortment of stocks, bonds, real estate, cash equivalents and other securities. You name it, and there's probably a mutual fund that's already investing in it.
Each investor in the fund gets a slice of the total pie, sharing in the fund's gains - or losses.
