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You could win a copy of MoneySense's new retirement guide by sharing your investing tips.
No financial product has had more impact on small investors than mutual funds. It’s easy to see why. They offer Joe and Jane Investor a chance to hold entire portfolios of stocks and bonds that they could never have assembled on their own. They’re easy to buy, either through your bank or through an investment adviser. And best of all, it’s a snap to set up automatic contributions to your funds every month, which makes saving almost painless.
Actively managed mutual funds also give investors the opportunity to earn market-beating returns and get protection from big losses during bear markets. This gives many people comfort—knowing that their money is being managed by a professional can make them less likely to bail during a downturn.
What are your tips for mutual-fund investing? We invite you to share one or two with our readers in the comments field below. The person with the best tip will get a copy of MoneySense’s new retirement book, Guide to Retiring Wealthy, when it comes out in mid-October. For the full story on investment strategies, pick up a copy of the September/October 2010 issue of MoneySense, on newsstands now.
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