Mutual fund investing is something homeowners should consider when trying to diversify their portfolio. Buying mutual funds should only be done when you understand what are mutual funds, and how a mutual fund makes money for you as an investment. Many people usually begin investing large sums of money without the knowledge required to protect their investments.
There are many different types of investment strategies, and depending on the amount of risk you want to take, will determine what investments and how much you should invest. This is why speaking with a financial planner who specializes in mutual fund investing can be crucial to your goals of investing in mutual funds.
Watch this episode with financial planner Jeff Gregory of Desjardins Financial where he explains what is a mutual fund, how you can buy a mutual fund, and what types of mutual funds are available in the marketplace.
For more information on financial planning, or if you need the help of a top financial planner contact Jeff Gregory
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