Is a mutual fund a good thing really?

Question

Are there bad things and good things about them?

Answer 1

When your in for the long haul of investing a Mutual fund is one of the best to have. Just make sure that that fund has the companies or sectors of the market you want to be invested in. Managers watch the fund, low fees, and double digit returns.

Answer 2

You usually have to pay capital gains taxes at the end of the year.  In a fund you dont get the choice when to buy and sell stocks and take capital gains.  The fees can also be a drawback.  So chose one with low fees.  They can cut into your returns over time.