Before a person acquires shares in a fund, he needs to first set his goals for the money that he is investing. Does he want long-term capital gains or current income? You need to identify your goal to you make it possible for you to reduce the list from more than 8,000 mutual funds that exist in the public domain.
Before acquiring shares in any fund, an investor must first identify his or her goals and desires for the money being invested. Are long-term capital gains desired, or is a current income preferred.Will the money be used to pay for college expenses, or to supplement a retirement that is decades away. Identifying a goal is important because it will enable you to dramatically whittle down the list of the more than 8,000 mutual funds in the public domain