Mutual Fund or CD?
Sunday, May 4th, 2008
ch3nzo23 asked:
I plan on investing about $2,000 in a mutual fund. I’d like to have this fund for a long time and compound the money I make (if any) back into the fund. I know this will take some time. So, should I invest in a large-value, or small-growth fund?
Or should I put the money in a one or five year CD? I guess my question is, “Is it a safe time for average guys like me to invest in the stock market through mutual funds?”
Question posted courtesy of: Lillie
I plan on investing about $2,000 in a mutual fund. I’d like to have this fund for a long time and compound the money I make (if any) back into the fund. I know this will take some time. So, should I invest in a large-value, or small-growth fund?
Or should I put the money in a one or five year CD? I guess my question is, “Is it a safe time for average guys like me to invest in the stock market through mutual funds?”
Question posted courtesy of: Lillie
