1. Mutual Funds Investment Tips Pick a diversified domestic growth fund that performed in the top quartile of all mutual funds over the last three to five years. It will probably have averaged an annual rate of return of about 20%. The fund should also have a better-than-average record in the latest 12 months when compared to other domestic growth stock funds.
2. 7 Reasons Why You Should Keep Your Savings In Money Market Mutual Funds Keep your checking account at your local bank but not your extra savings, such as what you keep in bank savings accounts - or worse - in your checking account. Money market funds, which are a type of mutual fund (other common funds focus on bonds or stocks), are a great place to keep your extra savings.
