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How do I pick a mutual fund?
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Start by researching the different types of funds available. Consider factors such as fees, performance history, risk level and liquidity. 2 Next, decide how much you want to invest in each fund. Consider your financial goals and the amount of risk you are comfortable taking on.3 Once you have decided on the type of fund and the amount you want to invest in it, compare different funds from various providers. Look at their past performance, fees, and other features that may be important for your needs.4 Finally, read up on the fund's prospectus so you can make an informed decision about which fund is right for you.