When are mutual funds not a recommended investment choice?
Mutual funds are not needed if you (1) plan to buy Treasury securities or (2) have sufficient knowledge and money to select a diversified portfolio of individual stocks. 8.Briefly summarize the 10 advantages associated with mutual fund investing. Identify three that are most important to you. Ten advantages to mutual fund investing include: • Professional money management of the portfolio. • Diversification • Competitive returns, and returns that essentially mirror the market if investing in index funds. • Small amounts are needed to start and maintain an investment plan. • Liquidity—easy access to money invested, when needed. • Commissions are avoidable and fees are low. • Convenient strategies for selecting, maintaining, and liquidating accounts. • Automatic withdrawal of investment account to help fund goals. • Highly regulated industry with less risk than others for company bankruptcy or fraud. • Information is easy to access through the newspaper, the Internet, or by telephone. 9.
Related Questions
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