What is a mutual fund?

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What is a mutual fund?

2007-02-07 09:20:46 · 3 answers · asked by Triple Nipple 1 in Business & Finance ➔ Investing

3 answers

A mutalfund is a basket, of stocks, and/or bonds and/or moneymarket secuities.

You are buying a diversified protfolio of investments with a small amout of money

2007-02-07 09:24:21 · answer #1 · answered by bob shark 7 · 0⤊ 0⤋

Got $ 5.95 ? Kiplinger just put out a 2007 Mutual Fund Report...and it's got every bit of info you might need.... if you can't find a newstand with it, you can try http://www.Kiplinger.com
Worth it if you're really interested...looks like you could hang on to it for reference for a couple of years.

2007-02-08 02:37:47 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋

Here's an article that will answer your question:

2007-02-07 18:11:46 · answer #3 · answered by Alex K 2 · 0⤊ 0⤋