What is a Mutual-Fund Manager?

i heard they get paid a lot.what to they do

These people are not all really smart unless you consider investing someone elses money a "smart" way to earn a living. They basically take the money we invest and bet on a good return for everyone. Unfortuately, not all managers have the investors best interests at heart....and will use money from one mutual fund to finance their "friends" with no real regard for returns to the investors. They dont really care since it is not their money they are spending. I'm guessing that many are honest but the ones I remember are the ones who are NOT.

yes but they manage hundreds of millions of dollars of other people's money, investing it within the paramaters of the mutual funds prospectus. Sure they get paid a lot, but these people are pretty much friggin genius level mathematicans and people of that caliber.

A mutual fund pools money from many investors and invests it in securities (stocks and bonds). The manager decides what to invest in, when to buy, when to sell. He/she also has to follow securities laws and the fund's prospectus.

Yes, the good ones do make a lot of money. However, they also have a lot of responsibility and often put in very long hours.

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　　Gold Investment 　　Global Investment 　　Fund Portfolio 　　Fund Performance 　　Fund Manager 　　Fund Management 　　Forex 　　Foreign Investment 　　Financial Investment

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