@RayfusShameka@rachgranillo Then you should hold it for at least a year bc taxes. Investments held for less than a year get taxed at 40% i think. But long term investments get taxed much less
@RayfusShameka@rachgranillo Mutual funds are portfolios, so by investing in a MF you indirectly invest in multiple companies. MF’s are some of the safest stock investments (still some risk though). And you can earn an average of 6% annually.