Every Dollar Matters

Mutual Fund Basics

A mutual fund is a pool of money from numerous investors that is invested in stocks, bonds, and other types of securities. The securities and exchanges commission has quite a bit more information about mutual funds. 

Load or No-Load Mutual Fund?

I am partial to buying no load mutual funds. A no load mutual fund is one that does not charge a sales commission to buy into the fund. Funds that charge sales commissions do not perform any better than funds that do not charge a commission. Bottom line, only look to buy mutual funds that are "no-load".

What type of Mutual fund

There are many categories to choose from when selecting a fund. You can buy stock funds in the following categories.

You can buy bond funds in the following categories.