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its says for nike
Last sale: $55.41
what does this mean an how much of the company do i then own?
please help
... |
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THANKS... |
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chewbaccafuzzball | Mutual funds = explain? |
explain exaclty what mutual funds are, i am taking a financial peace course by dave ramsey, he says invest in a mutual fund, and i want to do that, who can i contact in south-west michigan to do that? |
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nelson_devon
|
Mutual funds are a collection of investments grouped together to meet some condition. Some of them track a major index, some invest in only small companies, some invest only in real estate. Go to fidelity.com , vanguard.com , or many others, but those are my favorites. |
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cbmttek
|
Go to Vanguard.com and browse through their education pages. It is all written in plain language and is really easy to understand.
BTW, the above answers on mutual funds are correct. |
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gregory_dittman
|
A mutual fund is a group of investors that allow a manager to handle the money. The portions of the mutual funds are divided up into shares and you can buy them like stocks, but owning and selling your share is a little different. With mutual funds, you can't short a share like you can with a stock, you can only sell and buy at the end of the day price (so you can't put a stop loss on a mutual fund) and you pay internal taxes when people in the group sell their shares. You don't see these internal taxes, but they do affect your return.
I would advise you to stay away from traditional mutual funds because only 20% have beat the SP500 and you can buy either an index fund that tracks the SP500 or an ETF that tracks the SP500. The big difference is when things get to hot for you, it's easier to bail, especially with an ETF. You can even short the index or ETF. Any stock broker (look in the phone book) can get you into an index or ETF. |
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manto
 |
You should know the meaning of mutual funds, before you choose to invest in mutual funds. These funds are a type of security that can be traded on the stock market, allowing shareholders to buy and sell shares in the funds. The revenue generated by purchase of shares is used by mutual fund manager to buy more shares of specific stocks, bonds, and other market securities and money market instruments.
Since the prices of the stocks, bonds, and other securities held by the mutual fund vary, the value of the fund changes. The average value of every share of the mutual fund is fixed daily based on the total value of the underlying securities held by the fund. |
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sun y
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Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.
http://www.investingtutorial.info/
wish it will help you.
Good Luck , Best Wishes! |
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vscid
 |
mutual funds are a collection of stocks and bonds in which an individual investor can invest.It is an investment which is professionally managed, hence stands apart from buying stocks in which the individual person has to do personal monitoring.
there are several different types of mutual funds around and several companies offering those.
Best source is investopedia.com. |
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Junior
 |
You need to go to his web site and click on the ELP investor link. (Endorsed Local Provider). You can find somebody in your area that can help through this. |
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