Think of mutual funds as your basket of opportunities, spreading your investments across hundreds or thousands of companies. With just one product, you can own a piece of the tech giants, small startups, and more, reducing risk and maximizing potential returns.
“I think of a mutual fund as like a basket of stocks. So you can go out and you can buy Apple or Microsoft or any public company out there, but a mutual fund will go and grab hundreds or thousands of those companies and build them basically into one product that you can buy and that way you’re not just solely invested in one company you can be diversified and own a bunch of these companies. Whether they’re tech companies or small companies and it just gives you a little bit better edge rather than putting all of your eggs in one basket.”
