Why are mutual funds safer than the stock market 2024?
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Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
The reason that is recommended over owning a single stock is that owning an individual stock would carry more risk than a mutual fund. This type of risk is known as unsystematic risk. Unsystematic risk is risk that CAN be diversified against. ... This would be similar to market risk or volatility risk.
2023-05-15 10:50:31
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The reason that is recommended over owning a single stock is that owning an individual stock would carry more risk than a mutual fund. This type of risk is known as unsystematic risk. Unsystematic risk is risk that CAN be diversified against. ... This would be similar to market risk or volatility risk.