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How to choose the right mutual fund for you
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[QUOTE="Yusra3, post: 285476, member: 31907"] The best way to choose a mutual fund is to figure out what you want your money to do for you. Do you want it to build wealth? Then a balanced portfolio of stocks and bonds is probably right for you. Do you want it to provide cash flow? Then a fixed-income fund might be your best bet. And as always, make sure that the mutual fund has low expense ratios. the cost of running the fund and that its managers have been around for a while. [B]Choose a mutual fund with low expense ratios[/B] Low expense ratios are important because they mean lower fees for investors. And lower costs means more money in your pocket! The best way to keep expenses low is by choosing funds from well-known firms like Vanguard or Fidelity, which charge very little in annual management fees. [/QUOTE]
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