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No. You can sometimes borrow money from a 401k or other retirement plan, but not from a regular mutual fund account. To get money out of mutual funds, you do a redemption.
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Is it best to borrow from mutual funds to pay off credit card debt?
No, it's not a good idea. Your mutual funds should be earning you a good interest. Consolidate your credit card debt and take out a "Line of Credit" as the interest rate is much lower.
How do no load mutual funds work?
No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.
What are some of the best mutual funds available?
There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.
What are mutual fund shares?
Mutual fund shares are stocks of mutual funds, fractions of mutual funds just as companies have shares.
Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
What is mutual funds in the industry of finance.?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.
Can you tell me how to get I bonds?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it
Where can I get information on how to buy a bond?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.
What are some good online discount travel sites?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.
Is it best to borrow from mutual funds to pay off credit card debt?
No, it's not a good idea. Your mutual funds should be earning you a good interest. Consolidate your credit card debt and take out a "Line of Credit" as the interest rate is much lower.
How do no load mutual funds work?
No load mutual funds are mutual funds that are sold directly by the investment company instead of by an investment broker. They work exactly the same as regular mutual funds.
How do fund of funds classify?
Mutual Funds are classified as * Equity Mutual Funds * Equity Diversified Funds * Equity Linked Savings Schemes * Large Cap funds * Mid cap funds * Small cap funds * Contra Funds * Sectoral Funds * Thematic Funds * etc... * Debt Mutual Funds * Bond Mutual Funds * Hedge Funds * Fund of Funds * etc...
What are some of the best mutual funds available?
There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.
How can I help set my saving goals for a month without spending all my money?
Mutual funds are monies put into an account similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.
What are mutual fund shares?
Mutual fund shares are stocks of mutual funds, fractions of mutual funds just as companies have shares.
How many mutual funds were there in 1990?
By 1990, there were 3,105 different mutual funds
What is pimco funds?
Pimco funds are mutual funds. They are a type of mutual fund that gains interest over time. Pimco is a international financial institution from whom you would get these mutual funds.
