Tip of the Week
Tip of the Week
When it comes to mutual funds, investors have thousands of choices. The important thing is that you must know the risk and the investment purpose of each fund to make a proper decision. In general,
mutual funds fall into 1 of the 4 major categories.
1. Money Market Funds are considered relatively low risk.
2. Bond Funds buy different government and/or corporate bonds.
3. Stock Funds buy shares in companies.
4. Balanced Funds hold a mix of stocks and bonds.
Need help deciding which mutual fund is right for you? Let's talk!
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