Mutual Funds are a way for investors to pool their money into different assets through one program. A fund can hold shares, bonds, cash instruments or a mix of the two. It’s run by a fund team with a clear objective. Even a simple beginning can lead to bad choices. New investors can lack a goal, overlook important risks, or expect fixed returns. These mistakes can damage a plan. A clear process can help alleviate them.
1. Starting without a goal
Don't buy a fund just because it hits the headlines.
