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peteleonora
Feb 21, 2008, 07:19 AM
Hi everyone

I hope someone is there to help me in answering this question.I have no idea in any of the financial fields.I have just got married and plan on investments and savings.

Thanks Leonora:)
KISS
Feb 21, 2008, 07:24 AM
A mutuual fund is a particular mixture of stocks and/or bonds that have a specific goal and/or invest in a partictular sector of the market.

Preservation of principle is a goal
A retirement date is a goal (fund changes mixture as you approach retirement)
Large Capital growth is a goal

Technology is a sector

A bond fund is composed of many bonds and many different maturity dates. The "fund" shares the profits or losses.