How Mutual Funds and ETFs Build Wealth
This is our second post in a series about investment types. As 51 percent of Americans didn’t save for retirement in 2014, they unfortunately have so far missed out on the fourth longest bull market run in history. The most common reason survey respondents gave for not investing was they didn’t know enough about investing to invest. With this series, we hope to demystify investing.
Last week we discussed individual stocks, both common and preferred stocks. This week, we’ll discuss mutual funds. Next week we’ll discuss exchange traded funds or ETFs.