When you’re ready to invest, mutual fund can be a good place to start.

1. They can be more diversified because they hold a number of investments — usually more than you could afford to own or be able to manage on your own.
2. Professionals manage the investments.
3. Every mutual fund has an investment goal, so you can choose funds with goals that match yours.
4. Mutual funds have fees and may lose value. It’s important to know the costs and the historical returns of a fund before investing.

Your major responsibility is choosing the funds that are right for you and then keeping track of how they’re doing.

Back to Types of Investments