CLARION, PA (EYT) – Michael Patton, Patton Financial Advising, submitted the following article: Mutual funds: do you know what’s in your portfolio?
An estimated 102.5 million investors — representing nearly 46% of U.S. households — owned mutual funds at the end of 2020 (latest data). These retail investors held about 89% of the $23.9 trillion in assets invested in mutual fund companies in the United States.(1)
Mutual funds offer a convenient way to participate in a wide range of trading activity that would be difficult for most investors to obtain by buying individual securities. With nearly 7,500 funds available in the US market, you should be able to find suitable investments to pursue your goals.(2) However, it is important to periodically review the composition of the funds you hold.
Read the full article here: https://www.pattonadvising.com/Mutual-Funds-Do-You-Know-Whats-in-Your-Portfolio.c9865.htm
Patton Financial Advisor
51 N. 4th Avenue
Clarion, PA 16214
Toll Free 1-877-547-2751
Visit website: www.pattonadvising.com
Securities offered by Cetera Financial Specialists LLC, member FINRA/SIPC. Advisory services offered by Cetera Investment Advisers LLC. Cetera entities are under separate ownership fhttps://www.exploreclarion.com/?p=353744from any other entities.
(Photos by Dave Cyphert of ProPoint Media Photography)
Copyright © 2022 EYT Media Group, Inc. All rights reserved. Any copying, redistribution or retransmission of the content of this service without the express written consent of EYT Media Group, Inc. is expressly prohibited.