Mutual funds have many benefits which the investor can take full advantage of. From potentially becoming passive income to merely being a strong investment to place your savings in, these funds have huge benefits for investors, both young and old. What is a mutual fund? Mutual funds are currently the most popular way for investors to make money – as they are easy to understand, buy, and sell. The bottom line is that buying into a mutual fund is like buying stocks and shares, with the key difference being that you are buying into a collection of shares from different companies. In simple terms, think of the mutual fund portfolio as being a cake made from many ingredients (different companies), and you buy a slice of the overall portfolio. The top-level investors then do all the hard legwork in making investment decisions and company research, whilst the investor sits back...