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Why Invest In Money Market Mutual Funds A money market fund's purpose is to provide investors with a safe place to invest easily accessible, cash-equivalent assets. It is a type of mutual fund. In their bid to chase higher returns, these funds also opted to invest in riskier sectors as well. This article was originally published on The Dividend Pig, as part of the Financial Literacy Day campaign, in Why You Should Avoid Mutual Funds. Investors interested
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The stock ended at $8.05, rising 0.63% from the last trading session. have a Relative Strength Index (RSI) of 52.91.
Since equities are high risk, high return instruments, how much you should invest would really depend on how much risk you can tolerate. Take this quiz to find out what your risk profile is. Once you have done that, use this asset allocation.
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If you want to take a risk in the volatile market, invest only the surplus money which you can afford to lose in the market which will not disturb your daily living. Updated: February 11, 2015 6:52 PM
The stock fell as much as 33.2% and is down 30% at the time of this writing. The stock’s sell-off was likely triggered by the company’s worse-than-expected financial results that missed both analysts’ and management’s expectations.