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Is it a good time to invest in Mutual Funds?
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Answer:
Remember that time and not timing is the key to successful mutual fund investing. As an investor, your concern should be to have as much time as possible to stay invested. Take the long-term view.
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Cocolife Asset Management Company, Inc. has formally launched it’s newest fund, Cocolife Dollar Fund Builder, Inc. (C$FBI) last August 2010.
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The “mutual fund” concept rests on the fundamental idea of “pooled diversification”. It is a systematic method of saving and investing money in capital market by pooling the funds of many small and large investors of similar investment objectives or expectations and achieving such objectives with the help of fund manager.
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