All help is appreciated. thank you

 

  • SoccerRefToo 1:45 pm on October 28, 2010

    Melissa

    The money is invested in the type of investment sectors you choose. Because it is an investment your money is not guaranteed, and the value can go up and down.

    The advantage it the return that you can earn over the years in such funds, with no amount of knowledge your are relying on professionals to do the day to day investing for you.

    Mutual Funds are a great long term investment choice! I suggest a Large Cap stock fund!

    Soccerref

  • John Kaatz- Kaatz Financial 1:45 pm on October 28, 2010

    The advantages of a mutual fund are reduced risk to stock market, while still being able to capture some of the returns.

    The disadvantages are the costs associated with some mutual funds, as well as the inability to sell during intraday trading.

    I recommend Exchange Traded Funds (ETF). They are very similar to mutual funds, but they allow the investor to sell during the trading day as if they were stock.