3 Mistakes New Fund Investors Should Avoid Right Now

When you begin investing, one of the best things you can do is take advantage of funds instead of trying to pick out individual companies. Mutual funds and index funds are similar in that they're both baskets of assets you can invest in with one purchase, but there are key differences that warrant investing in index funds instead of mutual funds. To begin, mutual funds are actively managed by professional investors, making them relatively costly thanks to fees.