mutual funds primer

Mutual funds are simple, but they're also complex. Instead of trying to explain them in my typical long-winded fashion, I'll just link to a nice write-up from the Money Walks blog, called Mutual Funds 101.

Pay particular attention to #6. That's something to consider when thinking about funds vs. ETFs in taxable (regular brokerage) vs. non-taxable (usually retirement-type) accounts.