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View Full Version : Make me understand in laymans english what is mutual fund investment?


peteleonora
Feb 21, 2008, 08:35 AM
I have no clue about investments.I want to know how much and where to invest as a start.

If someone could kindly help me in knowing and understanding of investmenst , it would be great.

Thanks
Leonora

ScottGem
Feb 21, 2008, 09:32 AM
A mutual fund is a fund that invests in a type of investment. Instead of you as an individual buying 100 shares of AT&T, you might invest in a Telecommunication mutual fund which invests in AT&T, Verizon, Sprint, etc.

Understanding the world of investments is beyond the scope of this forum. The Dummies series of books have several titles for investors:

Amazon.com: Investing for dummies (http://www.amazon.com/s/ref=nb_ss_gw/002-1632781-8771255?url=search-alias%3Daps&field-keywords=Investing+for+dummies&x=12&y=14)

You might consider getting one or more of them.

P.S. I moved the other reply (and removed your response) some people don't read the instructions on how to post.