5 Mutual Funds to Help Make you Money in Today’s Market

September 11, 2017
81 Shares 2,301 Views

Many would-be investors are often afraid of getting into the stock market. With such high volatility and potential risk people shy away from it despite the potential gains they are missing out on. That is why mutual funds offer investors the opportunity to exploit the stock market at a lower risk. A packaged financial product can often give investors a greater sense of security. However, that does not mean they are foolproof. Investors should still have a strategy before getting into a mutual fund.

Vikash Agarwal, Co-Founder, CAGRfunds, says that “first time investor should choose his or her funds based on the objective for investing, risk profile and time horizon. “Assuming that such an investor is investing for the long term (> 5 years), has moderate risk appetite and wants to build wealth, he should start by investing in a Balanced Mutual Fund,” Via moneycontrol.com.

In the article, Agarwal suggests five strong first time options for mutual funds as well as several helpful tips to get you more comfortable with this type of investment.

Learn more at moneycontrol.com

You may be interested

Job Hiring is Picking Up as Employers and Consumers Gain Confidence
Economy
558 views
Economy
558 views

Job Hiring is Picking Up as Employers and Consumers Gain Confidence

Lamont J - March 29, 2021

The recent government stimulus for small and medium-sized businesses, personal stimulus checks, and declining Coronavirus cases, are all great news…

Fed Could Maintain 0% Interest Rate Until 2024
Economy
499 views
Economy
499 views

Fed Could Maintain 0% Interest Rate Until 2024

Adam R - March 26, 2021

The Federal Reserve is holding its target interest rate in a range of 0.00% - 0.25%, even while the economy…

Supply Constraints Could Slow the Home Market
Economy
565 views
Economy
565 views

Supply Constraints Could Slow the Home Market

Becky H - March 25, 2021

Low inventory has been a constant in the home market for more than a year. The supply of existing and…