Selecting a Mutual Fund

The key to investing is to diversify. The best-diversified investment is a mutual fund. The way a mutual fund works is the fund manager selects a huge assortment of stocks to make up the fund. Therefore, it is an easy way to invest money in a variety of individual companies. In general, different mutual funds perform differently based on the market sector they are a part of and the “luck” or talent of the fund manager. Given this, how do you select a mutual fund for you? Whether it is for your children’s college education, retirement or even shorter-term investment … Continue reading