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Stocks Versus Mutual Funds
Mutual funds are merely a diversified portfolio of managed funds. Instead of having to invest a huge sum of money, you chip into a pool of funds with thousands of other people. These funds are then managed by a single company, so even if one investment flops others will suceed and you are guaranteed your funds back.
1. What is the advantage of a diversified portfolio?
Diversity is good because you will have a greater chance of sucess. With diversity, we have protection ...
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