KXLY
December 21, 2020 8:03 AM
Kat Tretina - Forbes Advisor
Posted:
Updated:
December 22, 2020 8:25 AM
For everyday investors, mutual funds are a great way to build a diversified portfolio without a lot of extra cost or hassle.
Mutual funds pool money from many investors to buy broad selections of stocks, bonds and other assets. There are thousands of mutual funds available that pursue a very wide variety of different investing strategies. This can make understanding the space challenging for new mutual fund investors.
If you’re looking for help investing in mutual funds, follow these seven simple steps to get started.
1. Decide on Your Mutual Fund Investment Goals