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Mutual funds

Author: Mary H Cooper
Publisher: Washington, D.C. : CQ Press, 1994.
Series: CQ researcher, v. 4, no. 19.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
Some 38 million Americans have invested more than $2 trillion in mutual funds. These investment pools have been around for years, offering small investors an opportunity to enter the stock and bond markets alongside wealthy individuals, pension funds and insurance companies. But never have mutual funds garnered the kind of attention -- and money -- that they have in the past few years. Lured by the promise of high  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Mary H Cooper
OCLC Number: 62391528
Notes: Title from caption (viewed Nov. 14, 2005).
"May 20, 1994."
Details: Mode of access: World Wide Web.
Series Title: CQ researcher, v. 4, no. 19.
Other Titles: Are mutual funds safe investments?
Responsibility: by Mary Cooper.

Abstract:

Some 38 million Americans have invested more than $2 trillion in mutual funds. These investment pools have been around for years, offering small investors an opportunity to enter the stock and bond markets alongside wealthy individuals, pension funds and insurance companies. But never have mutual funds garnered the kind of attention -- and money -- that they have in the past few years. Lured by the promise of high returns at a time when interest rates on bank certificates of deposit were low, many consumers switched to mutual funds as an alternative means of saving for such big items as the down payment on a house, college tuition and retirement. Some economists worry, however, that newcomers to mutual funds may not fully understand the risks involved.

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