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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
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US five years behind in terms of economic growth, expected to return to track in third quarter



US five years behind in terms of economic growth, expected to return to track in third quarter



US Finance Minister Steven Mnuchin hoped the US economy would be back on track in the third quarter of the current year. He said that America is busy dealing with the Coronavirus and the economy affected by it is slowly moving towards reform. So far, more than 46 lakh cases of COVID-19 have been reported in the US while more than one and a half lakh people have died due to infection. The US has suffered the biggest economic decline of its modern history because of the COVID-19. Because of this, America has gone five years behind in terms of economic growth.

 

The US economy recorded a 32.9 per cent year-on-year decline between April and June. Mnuchin said, 'Coronavirus has badly affected our economy and there is no fault of anyone in it. The virus came from China and they should have been warned about it first. US President Donald Trump's government has been constantly accusing China of not alerting the world about the virus. However, China continues to deny these allegations. Mnuchin said, 'As I said earlier, the second quarter is going to be very bad. We have not seen any such incident in our history when the entire American economy was shut down. It is like closing a water tap. Hence the country's GDP remains down. '

 

He said that the government has reopened the tap water (economy). The economy is running safely again in many areas of the country. Right now some part of it cannot be opened. He believes that the economy will be back on track vigorously in the current quarter, and the government is moving forward on the right policies.


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