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  1. #1
    Hosanna is offline Banned Hosanna is on a distinguished road
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    Mutual Fund Business!

    Mutual funds fall into three categories:

    * Equity funds are made up of investments of only common stock. These can be riskier (and earn more money) than other types.
    * Fixed-income funds are made up of government and corporate securities that provide a fixed return and are usually low risk.
    * Balanced funds combine both stocks and bonds in the investment pool and offer a moderate to low risk. While low risk may sound good, it is also accompanied by lower rates of return-meaning you risk less, but your investment won't earn as much. You have to decide how much risk you're willing to take on before you invest your money.

    so you have to know what to invest and where to invest before deciding on anything particular.

    Some of the good funds in the market are from ICICI,Reliance and Franklin Templeton!

  2. #2
    Saija is offline Junior Member Saija is on a distinguished road
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    Thumbs up Mutual Fund Business!

    Mutual funds are subject to a special set of regulatory, accounting, and tax rules. In the U.S., unlike most other types of business entities, they are not taxed on their income as long as they distribute 90% of it to their shareholders and the funds meet certain diversification requirements in the Internal Revenue Code. Also, the type of income they earn is often unchanged as it passes through to the shareholders. Mutual fund distributions of tax-free municipal bond income are tax-free to the shareholder.

  3. #3
    xuanxanh99 is offline Junior Member xuanxanh99 is on a distinguished road
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    Thanks for all these ideas it inspired me to go after many of them and use a lot of you suggestions like a blog i created about making money (just like you did) thanks so much a best of luck in all your businesses.

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