If my parent decides to open a mutual fund and then he dies,then how is the funds passed over?
I am 16 and my dad wants to open a mutual fund for the family,but what happens if he dies or something. How and who is the funds carried to. Do we need a will?A lawyer will be too much money. Will hais children have access to the funds?
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Categories: Mutual Funds Tags: dad, lawyer, much money, mutual fund
what exactly is a hedge fund and is it better than index funds?
my dad has a couple mil, but says hedge fund is a horrible idea because of high commissions, and he says that ironically index funds actually outperform these hedges
can someone translate that into english and explain the difference, which one is better, and if my dad is right?
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Categories: Small Cap Mutual Funds Tags: dad, hedge fund, hedges, high commissions, horrible idea, index funds