Pesos and Sense Episode 2 talks about Mutual Funds. We haven't started investing in this module of investment but it won't hurt to learn and know the ropes and scopes of it.
Simply put, a mutual fund is an investment company that puts together the resources of individual and institutional investors to accumulate a substantial asset base and then invest it in a diversified portfolio of security investments such as stocks and bonds for maximum gain. The professional fund manager may also decide to invest in some short term money market investments, other securities or assets, or a combination of some or all of these to achieve its goals.
Watch the second episode of Pesos & Sense to learn more and see if this investment will work for you.
One good point from Aya Laraya is make sure that your investment will compensate the current inflation rate in the market to maintain the value of your money.
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