If an investor had enough money to diversify adequately through buying individual securities, why might he or

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If an investor had enough money to diversify adequately through buying individual securities, why might he or she still consider buying mutual funds instead?

Mutual Funds
Mutual funds are like a pool of funds gathered by different small investors that have simalar investment perspective about returns on their investments. These funds are managed by professional investment managers who act smartly on behalf of the...
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Business in Action

ISBN: 978-0133773996

7th edition

Authors: Courtland Bovee, John Thill

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