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Perhaps you are doing some initial research into the stock market and have heard about "mutual funds" but still have no idea what that even means or how they work?
Mutual funds are financial products built to provide good returns to the investors and eventually create wealth.
The money is collected from various investors and an experienced person (fund manager) would invest the money in various stocks and debt instruments.
*The views expressed herein do not constitute research, investment advice or trade recommendations.
This episode is also available as a blog post: http://lenged-fa.com/2021/08/10/mutual-funds-2021/
Perhaps you are doing some initial research into the stock market and have heard about "mutual funds" but still have no idea what that even means or how they work?
Mutual funds are financial products built to provide good returns to the investors and eventually create wealth.
The money is collected from various investors and an experienced person (fund manager) would invest the money in various stocks and debt instruments.
*The views expressed herein do not constitute research, investment advice or trade recommendations.
This episode is also available as a blog post: http://lenged-fa.com/2021/08/10/mutual-funds-2021/