Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Your Portfolio and other Investing topics.
One way to quickly compare mutual funds is with Morningstar's mutual fund style box. The style box is separated into 9 squares that each designate a style of mutual fund. Mutual funds are assigned a box depending on their size and whether they invest in "value" stocks, "growth" stocks or a blend of the two.
When choosing mutual funds for your portfolio, make sure that the funds you choose represent different areas of the style cube.
Guru Spotlight |
Mary White |