Most small investors however have a very limited understanding of mutual funds that goes something like this a mutual fund is a “pool of money invested in stocks or interest bearing instruments” by those who are experts in the field. I don’t know about you but I would need a little more than this definition in order to invest my hard earned money or stake my retirement on the word of one other person.
“And Now the Rest of the Story – “What You Should Know Before You Invest in Mutual Funds