Let’s go back to your long lost rich uncle who passed away in weeks 1 and 2 discussions. He left you $50,000, and you looked at investing money is several different ways. This week let’s consider one last investment option – mutual funds. There are far too many mutual funds for me to ask you specifically which one you might choose. Instead, tell me your preferred investment option and why. Consider money market instruments, individual stocks, or mutual funds.
Below is a video that helps explain mutual funds if you are unfamiliar with them.