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Nairaland Forum / Nairaland / General / Investment / What Is The Fuss About Mutual Funds? (467 Views)
Stanbic Bank Mutual Funds / Shares (stocks) Or Mutual Funds? / All You Need To Know About Mutual Funds Investment And Wealth Creation (2) (3) (4)
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What Is The Fuss About Mutual Funds? by gbengalite(m): 3:17pm On May 12, 2020 |
You would have wondered the fuss about mutual funds and how it works. Mutual funds is a form of investment portfolio such as stock, bond, or other financial asset with the expectation that it will earn a return or grow in value over time. Mutual funds work by pooling your money with the money of other investors. There are different types of mutual funds which you can invest in, these are equity funds, index funds, balanced funds, fixed income funds, money market funds, speciality funds, and funds of funds. This is the best time to have investment asset in mutual funds during this pandemic, you will be amazed at the outcome of your investment. I will be dissecting each types of mutual funds in the comings days, stay tuned. Read more about it from Fbnrequest Web link: https://beyondtoday.fbnquest.com |
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