bengt Apprentice
Joined: 04 May 2005 Posts: 2
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Posted: 07/02/08 - 02:30 Post subject: |
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| Hello Gregory. First of all, I would like to say that, in my opinion, it is very good that you want to invest your money. I hope that you will have some nice profit from it. Collective investment schemes are mechanisms in which more persons invest on the market together. They are also known as mutual funds or managed funds. When you look for the appropriate mutual fund, you should pay attention to the type of fund, whether it is open-ended or close-ended, what securities are they trading with and who are the people who are running the fund. It would be good if you can get a recommendation from someone, just to be sure if it is a safe place to invest. Well, that would be all from me. Take care! |
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