October 11th, 2008
ow that you’re familiar with mutual funds, you’ll want to get comfortable with some of the common terms used when dealing with them.
As a reminder, a mutual fund is a large compilation of individual stocks.
Stocks – Shares a company sells to fund future business growth. When you purchase a share of stock, you own a fraction of the company.
Diversification – Different kinds of stocks: growth and value, as well as stock representing large, small, and mid caps. To read the rest of this article click here
