Now that you have read the chapter on mutual funds, what do you recommend to Tyler and

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Now that you have read the chapter on mutual funds, what do you recommend to Tyler and Samantha Gent in the case at the beginning of the chapter regarding:
1. Redeeming their CDs and investing their retirement money in mutual funds?
2.
Investing in growth and income mutual funds instead of income funds?
3. Buying no-load rather than load funds?
4. Buying mutual funds through their employers’ 401(k) retirement accounts, rather than saving through a taxable account as they have been doing?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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