Mutual Funds

Mutual funds' popularity began to explode in the 1980s. Now it is the way most lesser experienced investors (and experienced ones too) used to watch their money grow.

1. The Investment objectives are growth and income
2. High liquidity
3. Low to high fluctuation of principal and return
4. Dividends and capital gains taxed in year received
5. Diversification, Diversification, Diversification