Diversification through the use of mutual funds provides investors with convenience and professional management. The variety of mutual funds contributes to your ability to achieve various financial goals.
| Short-Term Financial Planning Activities | Mutual Fund Websites |
| 1. Identify types of mutual funds that might be appropriate
for your various financial goals and life situations. | PFP Sheet 60 | |
| 2. Research the recent performance records and costs of
various mutual funds that could be appropriate
investments for you. | PFP Sheet 60 |
| Long-Term Financial Planning Activities |
| 1. Identify types of mutual funds that you might use for your
long-term financial goals. | |
| 2. Develop a plan for selecting and monitoring your mutual
fund portfolio. | |
