Mutual funds are an investment vehicle that allow investors to pool their money together to purchase a diversified portfolio of stocks, bonds or other securities.
It is a critical tool used by central banks to manage the economy. Interest rates have a direct impact on stock and bond markets, and it's imperative to understand how they work.
By investing in mutual funds, you're essentially buying a small piece of a larger portfolio of investments.
Portfolio diversification, tax efficiency, profit generation, consistent cash flow, inflation [...]
Look for a licensed professional with the appropriate certifications, whose approach to financial planning matches your own, and who has a history of making sound investment decisions.
I was recently talking to local practitioner about ways to add value to the firm. During the course of the conversation I realized that he and I were talking about two different concepts.
