A PRIMER ON MUTUAL FUNDS (AS REPORTED BY WILLIAM COWIE ON WWW.GETRICHSLOWLY.ORG)

Making the decision to invest is an important step to growing your wealth. But investment options vary, and it’s important to know what investment vehicles are best for your personal situation.

One common investment option for people just getting started in the market are mutual funds. Why? Mutual funds are actively managed by professionals, so that means there is someone watching after your money and making the investment decisions for you. And they automatically give you a healthy dose of diversification, meaning you’re not putting all of your proverbial eggs in one basket. To learn more about mutual funds, click here.

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