Sometimes mutual fund investing is not as simple as it sounds. Lots of people buy a fund for their retirement portfolio and just hope that the performance is good enough that they can retire one day. That is a losing strategy. You don’t just want to leave your retirement planning up to chance. In order to help you select the right mutual funds for your retirement, you need to avoid making the same mistakes that other investors make. Over the next week, I will take a look at the biggest mistakes that fund investors make.
A lot of people are often confused about the differences between a stock and a mutual fund. The two terms are often used interchangeably despite the fact that they are two completely distinct investments. Both asset classes can provide investors with growth but their are different risks and rewards for each.