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hello today we're gonna be talking about mutual funds in a mutual fund what happens a bunch of people put their money together and create a pool of money and then someone goes and invest that money and everyone has a share in all of the investments there's lots of benefits or advantages of mutual funds you can instant diversification in one purchase you may own thousands of different assets you have lower transaction costs it improves liquidity you can buy and sell illiquid assets very easily you have divisibility so you can invest a dollar 37 if you want to in some cases better record-keeping especially if I'm doing it I'm pretty poor record-keeping here you get it professionally done professional management which may or may not be a good thing in marketing while marketing is often seen as expense I think it does help us to remind ourselves that we should be investing and clearly the benefit here one of the overall things this diversification is the driving force of all the mutual fun

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