Understanding mutual funds

Mutual funds allow investors to purchase a variety of stocks and bonds in a pool form. A wide range of information about mutual funds is available on the World Wide Web. Here are a few sites:

• American Association of Individual Investors: www.aaii.com/faqs/mutualfunds.cfm (Features a list of 14 frequently asked questions about mutual funds).

• Fundsavvy.com: www.fundsavvy.com (Looks at how mutual funds work and advantages).

• Investopedia: www.investopedia.com/articles/mutualfund/ (Dozens of articles devoted to mutual fund topics).