Summary of Your First Fund

Ready to choose your first fund? Now you have some idea what to look for. Beginning investors are often steered toward bigger, more diversified funds because there is less risk involved in them than there would be in smaller or more concentrated funds.

As your investing career grows and you learn more about the economics of investing, you might branch out into ventures with more risk. But even so, there may always be a place for at least one big diversified fund in your portfolio.