Ask Dr. Gayle search for music free newsletter Find a Fund A mutual fund pools the money of thousands of investors to trade stocks, bonds, or money market securities.
Funds vary depending on their goals.
While investment advisors disagree on the best fund, most agree that mutual funds are one of the best investments for new investors. MoneyLife has teamed up with Morningstar Inc., the leading independent source for research and analysis on mutual funds, to bring you a tool to find the one that is right for you. The Fund Selector lets you set your criteria and gives you a list of the best funds in that category. If there are any terms you aren't familiar with, just click on the little light bulb and get an explanation. How to get the most out of fund selector .