Lux Investing
investing in a mutual fund?
I have three hundredn dollars say i invested in a mutal fund how much money will i get back. just a teen
Public Comments
- What you get back depends on a couple of things: how long you leave it in the fund, what kind of fund it is, and how the market does. The longer you leave your money invested, the more time it has to grow. Stock mutual funds typically gain 8-10% per year, but this can vary widely as stocks are more risky than a bond mutual fund, which will probably only return 4-5% per year.
- Did you know that 80% of mutual funds underperform the market? Better make sure you pick out the best 20%
