(NewsNation) — Time is money, and money is investable.
One investment strategy is to purchase a mutual fund.
What is a mutual fund?
A mutual fund is an investment strategy in which you pool your money with that of other investors to buy stocks, bonds and other securities, according to Fidelity Investments.
Investors who purchase a mutual fund own part of the fund’s assets. If you sell a security the mutual fund invests in at a higher price than what you originally paid, you make a profit, called a net capital gain.
You can also earn money from mutual funds when
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