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When you invest in a mutual fund they are the ones who make decisions for you, thus, you place your money in the hands of a pros in investment arena. You can not see a day to day value of your investment; [i]"whereas an investment in an individual stock can be checked up to the second. This means that between statements the investor is pretty much in the dark about how their money is doing, let alone what it is doing." [/i] It is best that you do your research before putting your money into any companies.
types of investment
Mutual Funds
This picture shows the relationship between mutual funds, investors...