Questions About Finance
May 24th, 2008 | 
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Question: A Question About Finance and Mutual Funds?
Marge is a director of a charitable organization and has $15,000 saved to invest in a mutual fund, wut of types of funds & investment services should be considered and set? What about investment services? Would taxes be an important consideration?
Answer: Depends on her time horizon.
If she won't need the money for 7 years or more, a no load stock fund would be ideal.
If its shorter than 5 years, then a high yield savings account or a CD is the thing to go with.
Senator Crapo questions Secretary Geithner during Finance Committe hearing, May 4, 2010
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