Who Has The Best Mutual Funds?
What exactly defines the best mutual funds anyway? Funds are by far the most widely used investment vehicle in the world. There are now more mutual funds than there are stocks in the US market. With over 26 thousand funds that Morningstar keeps track of, how can someone know where to find the best ones? You’ve come to the right place to find out! You’ll have to read all the way to the end of this page to see my recommended list of “Best Mutual Funds for 2009”. But before we dive into that, let’s back up and do a little mutual fund 101. What is a mutual fund? A mutual fund is the most popular form of a pooled investment known today. They are designed for people who want to have their money professionally managed at a fairly reasonable cost. In addition to professional management, they give an investor convenience, diversification, record keeping, tax reporting, and safekeeping of securities. How do mutual funds make money? Mutual funds make money in several ways. The main way is from in
