Posts tagged ‘how mutual funds work’

A Simple Explanation of How Mutual Funds Work

Updated: February 21, 2017 | Investing | 14 Comments

What are mutual funds and how do they work? Let me explain through a simple story. Imagine there are five friends: Allan the doctor, Bong the engineer, Charlie the commercial model, Dante the restaurant chef and Eric the investment banker. Allan, Bong, Charlie and Dante all want to invest in the stock market, but they’re […]

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