GoodRx will have an impact on buying prescriptions the same way Expedia and Travelocity has changed buying airline tickets, he added. Consumers find the cheapest prescription drugs, so they don't have to leave their doctor's office and feel like they can't afford the prescription.
Definition of 'Mutual Fund'. Definition: A mutual fund is a professionally-managed investment scheme, usually run by an asset management company that brings together a group of people and invests their money in stocks, bonds and other securities.
Balanced Mutual Fund. A mutual fund with a portfolio mixing stocks, bonds, and cash equivalents in different types of securities in a more-or-less fixed ratio. Balanced mutual funds are used for long-term investing.They also seek to diversify one's portfolio and avoid volatility in any one market.It is an example of an asset allocation fund. mutual fund with a portfolio mixing stocks, bonds, and cash equivalents in different types of securities in a more-or-less fixed ratio.