Question : what is a mutual fund and how do they work?
I am about to graduate from college and would like to star investing in a mutual fund, but I have no idea how they work. How do I invest?, what are the returns I get?, is there a risk?, how much do I invest?
- asked by felipe_alanis
All Answers:
Answer #1
Go to www.mfea.com or Yahoo Finance. Mutual fundsare explained there.
- answered by src50
Answer #2
For basic questions like these, one of the bestsites is Morningstar's Investing Classroom. Theyhave a mutual fund introductionat:
http://news.morningstar.com/classroom2/home.asp?colId=76&CN=COM
- answered by enoriverbend
Answer #3
Take a look at a mutual fund premier:
http://www.fundmojo.com/primer.shtml. Also, youmight want to check out some top funds fromvarious publications. Here is a link with variousmagazines mutual fund recommendations:
http://www.fundmojo.com/mutualfund/index.php
- answered by Johnny W
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