Is it better to invest in stocks or mutual funds 2024?
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Studied at Harvard University, Lives in Boston. Currently pursuing a career in medicine as a resident physician.
Mutual funds are actively managed baskets of stocks. It provides more diversification than an individual stock. Investing in a single company has risk. ... If you invest the same $500 in a mutual fund which have several stocks inside, if one company flounders, you would not lose your entire investment.
2023-05-15 11:57:46
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Ethan Ross
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Mutual funds are actively managed baskets of stocks. It provides more diversification than an individual stock. Investing in a single company has risk. ... If you invest the same $500 in a mutual fund which have several stocks inside, if one company flounders, you would not lose your entire investment.