Question: 1 . ) Describe a mutal fund - what is it - what are some examples of companies offering mutal funds for purchase? 2 .

1.) Describe a mutal fund-what is it-what are some examples of companies offering mutal funds for purchase? 2.) What is an ETF? What are the advantages of ownign an ETF? 3.) Why are 12(b)-1 Fees bad and why should you avoid buying funds like this. If you have a $50,000 investment in a mutal fund that charges 1%, what ridiculous amount is just paid out in fees each year?

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