By Leanna Kelly Mutual funds are one of many different types of investment funds. They’re a basket of assets operated and managed by an investment company, priced and sold to the public on a daily basis. Investors choose to invest in these funds for many reasons—namely, because they’re stable, managed and use pooled funds to create leverage. Mutual funds are popular among the risk averse, those in or approaching retirement and those who want a true “set it and forget it” investing option.
If you’re new to investing and want a primer on mutual funds, keep reading. You’ll learn everything you need to …read more
