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Mutual Funds
Mutual Funds
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Mutual Funds. What are they really?
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What is the definition of mutual Funds?
Lasagna
Invests in a stock and bond to meet a random objective
Buying a mutual fund
Invests a variety of stocks to meet a specific objective
2
When you buy a mutual fund, with who is your money combined with?
Money from people with large businesses
Money from other investors
Your money isn't combined with anyone
3
What should your investment size be?
$0-$2M
$500-$1000
$500-$1M
$100-$1M
4
A professional manager does all the research and buying/selling for you, Is an advantage.
True
False
5
Why choose a mutual fund?
Mutual Funds are amazing
There are a wide range to choose from
Diversification, management, easy to buy/sell
different options and there easy to gain money
6
Is the first step to buy a mutual fund to find a random person and ask for money?
False, thats so wrong
True, of course
7
Money is handled by a professional manager, profits depend on their judgement and skill T/F
True
False
8
What are examples of mutual funds?
Balanced funds
Experimental funds
Index funds
Lifestyle funds
9
What is our topic on?
Bonds
Mutual Funds
Animals
Collectibles
10
Is the second step to buy a mutual fund, you need to find what type of fund you want to buy?
True, its all up to you
False, no it doesn't matter what you want
