Do you suggest buying mutual funds or investing directly in stocks? From my immediate family to everyone in the extended circle of my distant family friends, everyone has asked me this question at least once. While I have no stats on how many took my advice, my answer...
What is an Equity Mutual Fund? While it may sound like the name given to a fund which invests only in equities (i.e. stocks) this may or may not be true. A fund must have a minimum of 65% in equity stocks in order to qualify for tax benefits as an equity-oriented...