Investing: Mutual funds
A mutual fund pools the money of many investors.The funds are invested by a professional money manager. Investors pay for this professional service through administrative fees.The past performance of a fund does not indicate its future performance. Many things change. A fund’s performance and return can change a great deal from year to year. Some funds are riskier than others.Visit DayPlanner web site – Link #140 for information on mutual funds and links to different mutual funds for comparison.