What is the difference between stocks, bonds, and mutual funds? because i plan on investing in a couple of months, and i dont know what to invest in?And where do i invest my money, (and I only have a little bit of money)
2007-10-19 06:09:41 · 2 answers · asked by johnnyQ 2 in Business & Finance ➔ Investing
With stock, you own a piece of the company and have a claim on their assets and future earnings. Bonds are debt; you have a claim on interest payments and the underlying amount of money lent. For small investors, the commissions will kill you. Mutual funds pool the money of a large number of small investors and invest in stocks and or bonds. Each fund is different. Contact the fund at their 800 number and ask for their literature, or look up the fund descriptions online.
2007-10-19 06:17:07 · answer #1 · answered by Ted 7 · 0⤊ 0⤋
BEFORE you invest in anything, learn the basics. Read "Investing For Dummies". Its a great starter book.
2007-10-19 07:03:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋