FYInance

Posts Tagged ‘settlement money’

I have some settlement money that I would like to invest in something that will yield good return. Everyone tells me to put it in a mutual fund. Can someone explain to me what exactly a mutual fund is? Will I be able to cash it out whenever, or do I have to keep it in for a certain number of years? Can I buy a mutual fund through Scottrade? What’s the best mutual fund?

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