In this world, where interest rates are ever decreasing, and inflation is ever increasing, it has become almost necessary to take some risk and invest in the stock market to be able to save enough for the retirement. However, investing directly in the stock market requires a lot of time and effort and above all, knowledge. And this is why it is probably too risky for small investors to invest directly in the stock market.
A much safer way to invest in the stock market is through mutual funds. Investing in mutual funds requires far less amount of effort on the part of the investor and is much less risky as professionals manage these funds. Further, as many investors pool in their money in each mutual fund, the chances of getting higher returns are much superior due to the ultimate size of the investment.
This course series - Mastering Mutual Fund Investment - discusses all that you need to know about mutual funds and investing in mutual funds. Whether you are a beginner, just about starting to invest your money, or you are an experienced investor, you will find this course useful as it discusses all the nuances for making the right choice of investing in mutual funds to maximize returns at the minimum risk.
In the first part of the course series, we discuss the minimum essential knowledge one needs having about mutual funds. We discuss what mutual funds are and what are their types, what are the investment options, etc. Also, we take a look at a plethora of essential terms one needs knowledge about investing in mutual funds.