Bernie has followed the three steps to begin mutual fund investing and is ready to make the purchase. What are his choices in buying?

Question

Quizplus · Accepted Answer

All of the above options are available for buying mutual funds. However, the best choice would depend on Bernie's personal preference and financial situation. Using a broker or financial advisor involves paying a commission or a fee, which may not be cost-effective for small investments. Buying direct from the mutual fund company may be a good option for those who prefer to manage their own investments and want to avoid fees. Buying through a mutual fund supermarket can offer a variety of funds to choose from and may provide lower fees. Ultimately, Bernie should consider his investment goals, risk tolerance, and fees when making his decision.

Bernie Has Followed the Three Steps to Begin Mutual Fund