i kept hearing about mutual funds... what is it? and where can i get it?

Answer 1

Mutual funds- can be funds made up of Stocks, Bonds, a blend of each, short term notes, etc.
Each fund has many companies under one umbrella so if just one of two companies do bad it does not seriously affect the Funds value. These funds are managed by professional financial people sometimes only one or two managers.
So if you do not have time to watch hundreds of stock, bonds, etc just buy into a fund and let them do the work.
It is a good way to get into investing..
Some of these funds are indexed to active groups such as the Dow and those mutual funds are even lower in their expenses.

Answer 2

talk to someone at a bank