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⍰ ASK What is the primary purpose of an investment company?

Investment companies collect money from many people to expertly manage and invest in a mix of stocks, bonds and other assets.

There are different type like mutual funds and ETFs, each with its own setup, but they all aim to boost returns while handling risk.

They are good because professional manage your money and pooling funds lets you spread risk across various investments, reducing the impact of market ups and downs.
 

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