works hard to control his expenses in february so that he can make an extra payment into a mutual fund. which suggestion for obtaining the money he needs for investing is he following?

Respuesta :

Making a special effort once or twice a year to save is the suggestion for obtaining the money he needs for investing.

What is a mutual fund?

A pool of money managed by an experienced Fund Manager is referred to as a mutual fund. A trust gathers cash from various financial backers who share a typical speculation objective and puts similar in values, securities, currency market instruments as well as different protections. Money market funds, bond funds, stock funds, and target date funds make up the majority of mutual funds.

What is the difference between stocks and mutual funds?

A stock is a fragment of proprietorship in a solitary organization, while a common asset is a crate of many stocks and different resources from various organizations. You might be deciding between stocks and mutual funds as a novice investor.

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