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Breaking Down Mutual Funds
Manage episode 335357790 series 3337268
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I’ve briefly touched on mutual funds in prior episodes when speaking on diversification and not keeping your eggs all in one basket... and mutual funds are a perfect place to get started with that concept. In short, a mutual fund is a company that pools money from numerous investors and places all the funds in varying securities such as stocks, bonds, as well as some other securities that we’ll eventually get to.
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