Investment Companies – Mutual Funds (Part 1)

I’m back!! I took a short hiatus due to traveling among other things, but I’m back to provide you with the basic investing information you need to build a prospering financial future!

Today it was announced that Amazon bought Whole Foods for $13.7 billion!! For those who already had Whole Foods stock, congrats because your investment has increased by 28% today! Amazon stock has also increased by 3.04% today and is valued at almost $1,000 PER SHARE! Google is another highly valued investment. You may be thinking (as I would be), “Wow. I can’t afford to buy a share of Amazon or Google.” WRONG! You can have shares in both Amazon and Google along with other highly valued stocks. How? MUTUAL FUNDS!

Mutual Funds, a type of pooled fund, are