Investment Glossary
Mutual Fund -
A group of people, partnerships, and/or clubs that pool their money together
to invest in a larger portfolio of stocks than they could afford to do on
their own. The Mutual Fund money is turned over to a paid Fund Manager to make
the investment decisions.
Mutual Funds are a great way to create a diversified investment portfolio
with a lot less money, which typically results in a lot less risk of
depreciation.
There are several different Mutual Funds available, many of which are
available on the internet.
