Consider investing in mutual funds for diversification from "summary" of Investing for Dummies by Eric Kevin Tyson
When it comes to building a diversified investment portfolio, mutual funds can be a great option. By pooling money from many investors, mutual funds are able to invest in a wide range of assets, such as stocks, bonds, and other securities. This diversification helps spread risk across different investments, reducing the impact of any one investment performing poorly. Investing in mutual funds can provide access to a variety of asset classes that may be difficult for individual investors to access on their own. For example, a mutual fund may invest in international stocks, real estate, or commodities, giving investors exposure to different sectors of the market. Another benefit of investing in mutual funds is professional management. Mutual funds are typically managed by...
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