Mutual funds are professionally managed investment programs that trade in diversified holdings and are funded by shareholders. Mutual funds can invest in stocks, bonds, money market instruments, and other types of assets. While they offer more liquidity and diversification than some investments, they do require payment of management and operating expense fees.
Authored by SEH. Last updated 2018-01-03 07:08:20.
Bonds, stocks, mutual funds, and various forms of cash equivalents are all considered liquid assets or liquid investments because they can quickly be converted to money.
Would you rather have a Swiss Army Knife or a complete tool box? Investors, whether they know it or not, face this same choice every day.
By Chris Carosa, Contributor. Forbes. Wed, 16 Oct 2019 14:50:17 +0000.