What advice would you give someone with $2 million in investments, all in Vanguard index funds?
A mutual fund is an organization that carries out efficient management of investment funds that collect cash from different investors to buy securities. The term mutual fund is usually used in America, which is very popular among investors.
Answer and Explanation:
Investment in a vanguard index fund is the right decision because they provide a lower price for their investors which have competitive advantages over other companies in the index fund industry. Their investment funds are top-performing in the market. Additional benefits of investment in vanguard funds are consistent returns, reduced risk through diversification, and highly skilled management team.
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Learn more about this topic:
from Finance 305: Risk ManagementChapter 3 / Lesson 3