I′m doing an essay for math about the stock market, bonds, and mutual funds and i need to knwo exactly what they are and how they work? thanks!:))
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2 Responses to “How do bonds and mutual funds work?”
That first answer is spam. Don’t click on it!
Bonds are like I owe you’s.
Mutual funds pool money together from investors and give to a professional manager and they invest in stocks, bonds, and money markets.
A mutual fund is equity packaged with companies to determine its value. A bond is a loan from an investor to a corporation/government.