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January 14, 2021 9:34 AM Miranda Marquit - Forbes Advisor
Posted:
Updated:
January 16, 2021 4:25 AM
Mutual funds are investing vehicles that buy a very wide range of individual securities, like stocks and bonds. Buying one share of a mutual fund instantly diversifies your holdings, and this easy diversification makes them a favorite of both financial advisors and regular investors. Here’s what you need to know to start buying mutual funds.
1. Open an Investment Account
You buy mutual funds using an investment account. You might already do this through your workplace 401(k), but you can also do so through an online broker or have a financial advisor work with you to help set up an account.
Channel3000.com
January 14, 2021 11:34 AM Miranda Marquit - Forbes Advisor
Posted:
Updated:
January 16, 2021 6:42 AM
Mutual funds are investing vehicles that buy a very wide range of individual securities, like stocks and bonds. Buying one share of a mutual fund instantly diversifies your holdings, and this easy diversification makes them a favorite of both financial advisors and regular investors. Here’s what you need to know to start buying mutual funds.
1. Open an Investment Account
You buy mutual funds using an investment account. You might already do this through your workplace 401(k), but you can also do so through an online broker or have a financial advisor work with you to help set up an account.
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