When trading mutual funds on this system, there are a few differences to keep in mind compared to trading stocks. Click on this post for three mutual fund trading tips!
Mutual Funds come in several different “flavors”, but the core concept is always the same: the fund is a pool of money contributed from many different investors that are used to purchase a bundle of securities. They are professionally managed, so you are basically buying a piece of a larger portfolio. This article will explore the types of mutual funds, and what their advantages and disadvantages.