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GUIDELINES FOR REACHING YOUR GOAL

People who experience the most success in saving for a financially secure retirement follow some specific guidelines. See if you are guided by a successful strategy. [Pg.215]

A mutual fund is an investment company that pools the money of many investors and invests it on their behalf. Based on a fund s stated objective, the money is invested in stocks, bonds, money market securities, or a combination of these. At the end of 2004, there were about 8,000 mutual funds with 267 million accounts worth in excess of 8.1 trillion. All investments have an element of risk. Mutual funds are no different. And, with so many choices, great care should be exercised to find a fund that is right for you. [Pg.216]


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