Introduction to Mutual Funds and their Advantages(US)
June 25th, 2007Introduction to Mutual Funds and their Advantages
Mutual funds have been around for a long time, dating back to the early 19th century. The first modern American mutual fund opened in 1924, yet it was only in the 1990’s that mutual funds became mainstream investments, as the number of households owning them nearly tripled during that decade. With recent surveys showing that over 88% of all investors participate in mutual funds, you’re probably already familiar with these investments, or perhaps even own some. In any case, it’s important that you know exactly how these investments work and how you can use them to your advantage.

