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If I put 30,000 in a mutual fund, how much interest would i earn monthly as well as yearly? |
If I put 30,000 in a mutual fund, how much interest would i earn monthly as well as yearly? mutual funds are invested in stock, they are NOT bank accounts. you have no guarantee of increase at all. you may want a money market account at a bank. why dont you go to the bank and find out. depends on the fund, and the market. Hello, there are about 30ooo different mutual funds.....some are bond .some are stock.......................need a better question Though mutual funds don't pay interest but have other forms of gaining capital, I would say just one thing: too little! |
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