Is it worth buying mutual funds and then investing the money made over time in the share market ?
Do Not…invest in individual stocks unless you do some research, back test your investment reasons and time expectations for developing a profit. Mutual Funds are broadenned and involve a lot of cross industry investing and are carefully invested so as to reduce unnecessary risk. So it is not so much of a crap shoot. If you are goint to invest in stock, be prepared to watch your stock. Remember buy low, sell high. You have to buy first before you sell. There are taxes and other expense consequences. If you don’t know these, you can be inundated with expenses that exceed your profits. If you want your money short term or if you want to leverage your money against a purchase, you won’t be able to chances are. If you want to make money, you will have to ride out some deep negatives and understand why or get very lucky to make money. You prepared for that roller coaster ride? Prepare yourself using play circumstance first and you won’t get so hurt by it all. When you are perfected you can
