Everything you need to know about Mutual Funds
Due to the rising popularity of Mutual Funds, I’ve come up with an “everything you need to know about Mutual Funds” column. I will be posting about Mutual Fund Basics, how to open an account, how to register and add, transfer or redeem shares online, tips for a good portfolio allocation, determining which fund to choose for yourself and more. Keep checking back!
What is a Mutual Fund?
A Mutual Fund is an investment company that pools together money from different investors and invests them in various securities depending on the investment objective of the fund. The mutual fund company issues shares…
How Can Mutual Funds Investing Benefit You?
Beat Inflation & Low Interest Rates
Mutual Funds is proven to historically beat inflation so your money doesn’t lose its purchasing power. History has also proven that long-term investing generates greater potential earnings than current low interest rates
Start planning for your financial milestones
This gives you a better chance of achieving your financial goals such as: Saving for own car, building your own house, expanding your business or travel around the world
It is never too late to start thinking about your retirement. Who doesn’t want to be financially free? You can pursue your passion without the financial worries. It’s about time you start planning ahead for your golden years.
Related Links: RETIREMENT CALCULATORBUILD A RETIREMENT PLAN
Mutual Funds can also help you cope with the rising annual education price hike. It can help for your child’s Educational Funding
Related Link: EDUCATIONAL COSTS
Create Passive Income
We all work hard for money. Why not make money work for you?
Related Link: FROM 10 TO 10 MILLION
POSTS RELATED TO MUTUAL FUNDS
To redeem/withdraw from your investment. Login to your Sunlife online account and click on “Redeem Fund” The following screen will…
To transfer (switch) to another Fund Login to your Sunlife Online account and click on “Switch Fund” The following screen…