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![[Most Recent XAU from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_xau_en_2.gif)
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the past decade, American investors increasingly have turned to mutual
funds to save for retirement and other financial goals. Mutual funds can
offer the advantages of diversification and professional management.
But, as with other investment choices, investing in mutual funds
involves risk. And fees and taxes will diminish a fund's returns. It
pays to understand both the upsides and the downsides of mutual fund
investing and how to choose products that match your goals and tolerance
for risk.
- Mutual funds are not guaranteed or insured by the FDIC or
any other government agency — even if you buy through a bank and the
fund carries the bank's name. You can lose money investing in mutual
funds.
- Past performance is not a reliable indicator of future
performance. So don't be dazzled by last year's high returns. But
past performance can help you assess a fund's volatility over time.
- All mutual funds have costs that lower your investment returns.
Here is a
mutual fund cost calculator to compare many of the costs of
owning different funds before you buy.
source
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http://www.sec.gov/investor/pubs/inwsmf.htm |
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