The conversation between human and AI assistant.
What is the safe and best investment?
Can you explain more about mutual funds?
Mutual funds are a type of investment that pools money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other assets. They are managed by professional fund managers, who allocate the investments and aim to generate returns for the investors. They are a good option for people who want a diversified portfolio without having to do the research and management themselves.