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No One Loves Your Money Like You Do: The Ultimate Retirement Planning Guide for Business Owners and Private Practitioners by James Jackson

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7

Understanding Mutual Funds, Exchange-Traded Funds (ETFs), and Index Funds

Mutual funds are the ideal instrument for investors who are planning, implementing, and managing their own investments in their retirement plans. They are easier to evaluate and select than individual stocks, and they are much easier to manage than a large portfolio of stocks and bonds. Furthermore, you have a team of mutual fund professionals managing your money wisely. In addition to traditional mutual funds, you may run across mutual fund–like investments such as exchange-traded funds (ETFs) and index funds, which have different criteria to consider. When it comes to investing and retirement, mutual funds offer many advantages when properly chosen. (I emphasized “when ...

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