People who have been introduced to stock market investing recently have started to be exposed and be curious about other financial instruments available in the country for ordinary citizens today. Among these investment vehicles, the mutual funds and UITF’s (unit investment trust funds) have garnered the most popularity.
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It’s the other way around for me since I invested in mutual funds first before deciding to put my money directly in the stock market years back. It is actually the “cornerstone” in my current mission to help people achieve their financial goals and eventually become financially independent in the near future.
Let’s go back to basics once more and see if mutual funds or UITF’s are the best investment vehicles to ride in to achieve your financial goals. Continue reading Which Mutual Fund or UITF Should You Invest In?