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Mutual Funds: Conclusion Let's recap what we've learned in this
tutorial:
•A mutual fund brings together a group of people and invests their money
in stocks, bonds, and other securities.
•The advantages of mutuals are professional management, diversification,
economies of scale, simplicity and liquidity.
•The disadvantages of mutuals are high costs, over-diversification,
possible tax consequences, and the inability of management to guarantee
a superior return.
•There are many, many types of mutual funds. You can classify funds
based on asset class, investing strategy, region, etc.
•Mutual funds have lots of costs.
•Costs can be broken down into ongoing fees (represented by the expense
ratio) and transaction fees (loads).
•The biggest problems with mutual funds are their costs and fees.
•Mutual funds are easy to buy and sell. You can either buy them directly
from the fund company or through a third party.
•Mutual fund ads can be very deceiving.
Mutual Funds: What Are They
Mutual Funds: Different Types Of Funds
Mutual Funds: The Costs
Mutual Funds: Picking A Mutual Fund
Mutual Funds: How To Read A Mutual Fund Table
Mutual Funds: Evaluating Performance
Mutual Funds: Conclusion |
