Mutual Funds: Maybe all You’ll Ever Need

Mutual funds can make investing easier, but it’s a mistake to think they make it easy. Mutual funds have multiplied so rapidly that they now outnumber the 3,000- plus stocks listed on the New York Stock Exchange. The Investment Company Institute (ICI), the national association to which most funds belong, counts more than 8,500 of them as members. The ICI sorts funds into a couple of dozen ... ................
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