Quote:
Originally posted by pornguy
If you want to make money the best way is in mutual funds.
I have two that returned 44 and 47% last year. They are the best and safest way to make money.
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Question:
How do I start a Mutual Fund?
Your Answer: Answer last updated: 01-05-04
Known in legal terms as an "open-end management company," a mutual fund is a type of investment company. Before you consider starting a mutual fund, you should make sure you understand the laws and rules that apply to investment companies -- including the Investment Company Act of 1940, the Securities Act of 1933, and the Securities Exchange Act of 1934. Many investment companies, including mutual funds, must register with the SEC. To that end, you may wish to consult with an attorney who specializes in federal securities law.
You'll find more information (as well as a link to Mutual Fund Registration Form (Form N-1A) and Instructions) in the Info for Funds & Advisers section of our website. If you have additional questions, please call the SEC's Division of Investment Management, Office of Chief Counsel, at (202) 942-0659 or send an email to
[email protected].
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