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the risk is there if you won't wait for it to mature. otherwise the interest is guaranteed

 

 

hmm, correct me if I'm wrong but i don't think mutual funds have "maturity dates" ? I believe the different mutual funds have holding periods, after which you can redeem anytime. Also, I don't think interest can be guaranteed since it is marked-to market. Just my two cents, though :)

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hmm, correct me if I'm wrong but i don't think mutual funds have "maturity dates" ? I believe the different mutual funds have holding periods, after which you can redeem anytime. Also, I don't think interest can be guaranteed since it is marked-to market. Just my two cents, though :)

 

 

i think he was talking about bonds.

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  • 2 weeks later...

I started reading Robert Kiyosaki's "Rich Dad Poor Dad" last week. That's where I got the idea of investing in mutual funds. If there is a particular holding period, does this mean that I cannot withdraw my money during this period? Isn't that in contrast with the idea that you have ready access, and can therefore withdraw anytime, your investments?

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I started reading Robert Kiyosaki's "Rich Dad Poor Dad" last week. That's where I got the idea of investing in mutual funds. If there is a particular holding period, does this mean that I cannot withdraw my money during this period? Isn't that in contrast with the idea that you have ready access, and can therefore withdraw anytime, your investments?

 

Generally speaking, you can still withdraw your money during the holding period. However, you will most likely be charged a penalty depending on how long your money stayed in the fund.

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