Ask Experts Questions for FREE Help !
    peteleonora's Avatar
    peteleonora Posts: 4, Reputation: 1
    New Member

    Feb 21, 2008, 08:19 AM
    What is mutual fund investments?
    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's Avatar
    KISS Posts: 12,510, Reputation: 839
    Uber Member

    Feb 21, 2008, 08:24 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.

Not your question? Ask your question View similar questions


Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.

Check out some similar questions!

Mutual Fund [ 2 Answers ]

What is Mutual Fund?

Wash Sale on Mutual Fund [ 2 Answers ]

I have shares in VTI and I'm thinking about selling all my shares, take a loss and turn around the same day and buying the mutual fund, Total Stock Market International Index Fund. Would the IRS consider those two funds substantially identical? Would it be considered a wash sale? Thanks,...

What's Is The Best Mutual Fund/s In Canada [ 0 Answers ]

What's Is The Best Mutual Fund/s In Canada? For Investing Longterm (12 Yrs) With Cad $ 60,000. 00

View more questions Search