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Mutual funds?

Hey everybody ok here is my question I am thirteen I have no money and I am getting a job, So I was wondering should I invest most of my money in a mutual fund. If i should Is primerica a good place to invest in and also are mutual funds pretty much a safe bet.

Asked By: obliviolover235 - 9/10/2007
Best Answer - Chosen by Asker
the mutual funds are many companies that your investment company buys into, so when one does bad another could do well keeping it going, with individual stocks, when it does bad you have no other one to keep it going, so if for a long term it's fine to buy mutual funds. You can either buy on line from such places as... More
Answered By: nap4gbp - 9/10/2007
Additional Answers (2)
Over the long haul - 10 years or more - you will always get a better return on your investment with mutual funds than with individual stocks - at least, for the non-professional investor. To do better, you would need to manage your stock portfolio actively hour by hour... More
Answered By: Terry - 9/10/2007
 
Definition of Mutual Funds: You should know the meaning of mutual funds, before you choose to invest in mutual funds. These funds are a type of security that can be traded on the stock market, allowing shareholders to buy and sell shares in the funds. The revenue generated by purchase of shares is used by mutual fund... More
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Answered By: Pitty T - 9/11/2007
 
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