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Is it hard to start your own mutual fund?

Being 23 yrs. old and relatively new to the world of financial markets, I of course am not presumptous enough as to think I am ready to start the next Vanguard chain of mutual funds.

But with such a passion for stocks, it certainly seems a possibility I might consider pursuing someday.

What exactly are the main steps in putting together a mutual fund (including federal regulations, advertising techniques, and the chances of 1 new mutual fund getting noticed in a sea of over 40,000 existing ones)?

Thanks for your help!


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1 comment - What do you think?  Posted by admin - May 12, 2010 at 8:04 am

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