The World of MUTUAL FUNDS!
Much of class today was spent reviewing and discussing the homework from the night before. Thank you to all of the students for your wonderful questions.
Topics we covered today - what is a mutual fund? index fund? advantages over picking stocks yourself? high risk funds vs. low risk funds, when to be in these?, general mutual funds vs. sector funds, industries/sectors - meaning of, stock indexes - Dow, S&P 500, Russell 2000, Nasdaq Composite, Wilshire 5000, etc...
BIG PIECE OF INFO FOR THE DAY - If you begin investing $2000 each year at the age of 16, then stop at the age of 21 - you will be a millionaire by your 60's!
The World of MUTUAL FUNDS!
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