Is Mutual Fund Better Than Stock?
- 0 POINTSContact Meview profileHead LibrarianInsuranceLibrary.com, South DakotaA “mutual fund” is a share in an investment company. According to the prospectus it invests the funds using a particular investment strategy. The fund is generally quite diversified reducing the risk of a particular security suffering a great loss. At the same time this diversity dampens the effect of a particular security contained in the fund experiencing enormous gains. The mutually fund is generally viewed as being less volatile and more diversified.Answered on September 2, 2014+01 0+1 this answerflag this answerview more answers by Head Librarian
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