Question

Mutual funds are no longer a very popular investment. True False

Answer 1

Mutual funds are no longer a very popular investment is the False statement.

Step-by-step explanation:

Nowadays Mutual funds are a more famous investment as before because of various advantages such as:

Diversification: One share can buy a slice of everything in the and risk is lowered.

Financial returns: Relatively attractive and charming returns over the long term.

Professional Management: Pay someone else to make an investing decision.

Convenience: Easy Out and In, help with record-keeping and small outlays.

Answer 2

False

Step-by-step explanation:

In fact Mutual funds are more popular in this decade than it has been years passed.

This is due to the spread of risk over a lot of investments.

It reduces the risk of the investor since they can trade in different securities with their fund.