Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Mutual Funds and other Investing topics.

What should I do before investing in mutual funds?

Getting Mutual Fund Information

Every mutual fund has a prospectus that you can request in order to get mutual fund information. A prospectus is a package of materials that tells you about fees associated with the fund, the objectives of the fund, and the individual stocks that are held by the fund. Request a prospectus through your mutual fund broker before you invest in any mutual fund.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Investing Tip Site? Request a Tip Now!

Guru Spotlight

Patricia Walters-Fischer

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!