MUTUALLY BENEFICIAL
Investing in mutual funds is a simple way for new investors to get into the market.
What started as a obscure financial
instrument has become extremely popular over
the last 20 years and given birth to the whole
financial planning industry.
We see them sold in just about every bank,
insurance company, and investment agency. They’re
packaged as part of savings plans,
insurance plans and come in so many
different “flavors.”
But although they are more accessible to the average person than individual stocks, they still require research and knowledge.
That’s where most people who’ve lost
money in mutual funds fail. They’ve been led to believe
that mutual funds are secure, low-risk, and
returns are almost guaranteed.
The financial downturn in 2008 showed, like
any other investment, how uncertain they can
be. Instead of finding out everything they can
about the mutual fund they planned to invest
in, they left it to someone else.
As with any investment, it’s important to understand and weigh both the pros and cons.
There’s always going to be supporters and detractors of including mutual funds in your
investment portfolio. The key is not to blindly follow advice, but like ANY investment opportunity, you
have to do your own homework before you invest.
It doesn’t matter which investment
you decide to add to your portfolio, the best protection for your investments
is education.
The more you know about an investment, the more thorough your due diligence, the
higher your probability of success.
Success Resources Pte Ltd Main Office: 10/11 Pahang Street, Singapore
198611 Toll Free: 1800 7822 377
Direct: +65 6299 4677 Fax: +65 6295 2441
Email: [email protected] Website: http://www.srpl.net