Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are considering whether to invest in a mutual

You are considering whether to invest in a mutual fund that holds a portfolio stocks versus...

90.2K

Verified Solution

Question

Finance

You are considering whether to invest in a mutual fund thatholds a portfolio stocks versus directly investing in stocksyourself. Compared to investing directly in stocks, what is themain advantages of investing in the mutual fund and the maindisadvantage?

Answer & Explanation Solved by verified expert
4.4 Ratings (731 Votes)
The main advantage of a mutual fund over picking your own stocks Mutual fund is a way of investing in equity markets without directly investing your money in stocks In    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

You are considering whether to invest in a mutual fund thatholds a portfolio stocks versus directly investing in stocksyourself. Compared to investing directly in stocks, what is themain advantages of investing in the mutual fund and the maindisadvantage?

Other questions asked by students

Basic Math
1.2K views

The demand function for a certain item is x=(p+2)9e−px=(p+2)9e−p Use interval notation to indicate the range of...

Chemistry
1.2K views

Silver bromide is used to coat ordinary black-and-whitep hotographic film, while high-speed film uses silver iodide. (a)...

Psychology
1.2K views

What social and economic factors drove the European powers to rely on the trans-Atlantic slave trade...

Biology
1.2K views

DNA supercoils can be relaxed by Primase Polymerase Topoisomerase

Physics
1.2K views

No 6 View In English A cylinder containing an ideal gas is in vertical position...

Physics
1.2K views

Statement A Energy is cause for doing work and work is th effect Statement B...

Algebra
1.2K views

Radar Detectors Radar detectors are either powered by their own battery or plug into the...

Algebra
1.2K views

POSSIBLE POINTS e has one side that is 5 units long one 25 angle and...

Accounting
1.2K views

Gusion Company purchased a patent A for 600,000 and patent B for 900,000. Gusion also...

Accounting
1.2K views

E9.17 (L0 4), AP Nieto Company's budgeted sales and direct materials purchases are as follows....

Accounting
1.2K views

9. CLOSING ENTRIES E5.14 (LO 4, 5) AP The following is Crystal Company's adjusted trial...

Accounting
1.2K views

In 2015, Ryce contributes non-depreciable property with an adjusted basis of $60,000 and a fair...