Published on May 11, 2021 by U.S. News & World Report
Mutual funds can be a smart place to start investing. They’re easy to access and don’t require you to read any balance sheets or even know what a balance sheet is. They’re also less likely to leave you high and dry than an individual company, which is more likely to go out of business.
Mutual funds allow you to turn the selection of individual stocks, bonds and other investments over to professionals. This makes mutual funds a great option for hands-off investors.