Mutual Funds

The book I read to research this post was Mutual Funds For Dummies by Eric Tyson which is a very good book which  I read at http://safaribooksonline.com. This book was published in 2010 so is a little dated especially because a lot of the book reviews different companies which obviously is only up to that time. Mutual Funds or Mutually Assisted Funds are a kind of fund where a lot of people invest in the same spread of what are similar to Exchange Traded Funds but the risk is spread over a wider range which greater risks to be taken which should result in potentially higher returns. A lot of big companies and governments take out loans often of at least several hundred thousands over normally 60 days which are what Mutual Funds are invested as. If you were extremely wealthy you could buy these bonds directly and would potentially get a nice return. Companies that claim returns much above 20% and there are quite a lot are probably making it up. You get get a bull market where in general returns are up but anything substantially higher than the market is unlikely. Especially watch out if someone in something like a church or club you are a member of starts trying to offer to invest your money for you in this kind of thing. It's quite common. You are best off sticking with established companies although this still carries risk.  I did really enjoy this book and found it very interesting.