Common Stock Fund

Are you the type of person who sees a $20 in the corner, and then pays someone $5 to bring it to you? Does the idea of learning about companies and stocks make you so nauseated that you have to have people read you the Wall Street Journal from quarantine? Are you just...bad at investing?

Then a common stock fund might be the right sort of investment for you.

This is a type of mutual fund that invests in the common stock of many different public companies. The management company will kindly charge you high sales fees up front, and an annual management fee that eats into your return.

Let’s just put it this way. You have to be very lazy and unconcerned about making money to own a common stock fund.