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Old 10-19-2007, 10:20 PM
traities traities is offline
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Default Are mutual funds actually good?

I work a lot and I save a lot. I'm only 23 yrs. old and I wonder ways to make more money. I hear a lot from people that investments are good. Are mutual funds actually good? and what are some that are good to invest in?


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Old 10-19-2007, 10:20 PM
Lou Lou is offline
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Mutual funds are great because they distribute the money among many companies. You should meet with a financial advisor at an investment corporation, especially since you are young and committed to your career and saving money. That's great! I was surprised how easy it was to meet with a financial advisor, and the charge is minimal, a tiny percentage only off interest earned. This early in your life, it would pay to really get this right because you will end up a multi-millionaire if you are starting now, seriously.
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