Mutual Funds

What is a Mutual Fund?

A mutual fund collectively pools money from individual and corporate investors. These funds are managed by a professional fund manager who invests the collected money in financial securities such as stocks, bonds, or money market instruments. The value of a share of the mutual fund, called the Net Asset Value (NAV), is calculated daily based on the fund’s total value divided by the total number of outstanding shares.

Stock Market Down, US Economy Tanking – 4 Investment Suggestions

Many people trembling about the news. Our economy plummeted 174 points this week (as of now). And that’s a great loss for our economy. The US is facing debt crisis… What do ordinary people like us do in times of this great economic turmoil?

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