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So, what are mutual funds, and how do mutual funds work? The basic mutual fund definition is a fund serves as an investment vehicle that pools money from numerous small and large investors.
Understanding how a mutual fund works can help you select the fund or funds that work best for you. The biggest thing to be mindful of, though, are the fees you’ll incur when you buy shares in a ...
How do mutual funds work? Mutual funds work by pooling investor money to buy portfolios of securities. Think of them like pies, with each slice — or share — giving you the same ratio of ...
A loan against mutual funds (LAMF) offers investors a way to meet urgent financial needs without redeeming their investments.
Although money market funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in money market funds. Mutual funds are sold only by prospectus.
Mutual funds can be a great way to build an income-producing portfolio. In this article I provide tips on how to choose the right mutual funds and how to build an income portfolio that meets your ...
For a minimum investment, sometimes as low as $500, money market mutual funds will allow you to write checks. The check-writing feature is most often used to transfer cash to a traditional ...