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
Channel3000.com
December 21, 2020 10:03 AM Kat Tretina - Forbes Advisor
Posted:
Updated:
December 22, 2020 10:22 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
Author Bio
Catherine grew up in Southern California wearing a lot of black and trying to perfect the art of sarcasm. Prior to joining The Fool as a contract writer, Catherine was climbing the corporate ladder in marketing roles and dabbling in too many side hustles. When she s not writing, she can be found riding a horse in the country or shopping online for clothes. Follow @catherinejbrock
Whether you re an experienced investor or a novice, mutual funds can be effective building blocks for your IRA portfolio. But it s also true that finding the right mutual funds can be a chore. You have to parse through many options, and all those five-letter symbols can start to make your head spin.
Channel3000.com
December 18, 2020 8:02 AM newsfeedback@fool.com (Catherine Brock)
Posted:
Updated:
December 19, 2020 12:57 PM
Whether you’re an experienced investor or a novice, mutual funds can be effective building blocks for your IRA portfolio. But it’s also true that finding the right mutual funds can be a chore. You have to parse through many options, and all those five-letter symbols can start to make your head spin.
Streamline that process by first taking a moment to define what you need from the funds in your IRA. Do you want a minimum-effort portfolio? Market-level growth over the long term? Or aggressive growth to build momentum as fast as possible? If any of those fit, you’re in the right place. Here’s a look at three fund types that match those goals, along with nine mutual funds that could play a role in growing your IRA.