Income is earned on a fund's investment portfolio after deducting operating expenses. Index Indexes are groupings of investments designed to represent different investment markets or sectors of markets. They are useful in measuring the progress or retreat of markets. Most mutual funds compare themselves to the market index that most closely reflects their investment philosophy. Individual retirement accounts, IRAs, offer investors several different types of tax advantages.
Education IRAs offer tax-free growth of money if used exclusively for education expenses.
Like the Roth IRA, Education IRA contributions are made with after-tax dollars. The risk that a portion of an investment's return may be eliminated by inflation. Inflation Inflation is the increase in the cost of the things that we buy and the services that we use. The possibility that a bond's or bond mutual fund's value will decrease due to rising interest rates. International and Global International and global have slightly different meanings in the context of investing.