The saying “save for the rich” used to be very popular. However, it doesn’t feel right to do it now. Continuous inflation means that the money you have saved will decrease in value when you want to use it in the future. Healthier wealth management, such as investing, is ultimately more suitable for young people who want to have financial comfort in the future.
When investing, you should not be careless in managing it. Choose investments that have guaranteed status, making it easier to manage them at any time. Mutual funds can be an option for those of you who are just starting to learn to invest.
This investment product has actually been around for a long time, but it is not very popular because there are several negative myths. Check the facts first so that you can be more calm about investing funds in this wealth management investment product.
Various Myths and Facts about Mutual Funds
The Myth of High Risk Mutual Funds
Mutual funds are often said to be investments. When placing a certain amount of funds in this investment instrument, you must be prepared to lose some or even all of its value.
Fact: The level of risk can be regulated
Every investment instrument actually has risks that you must be prepared to bear, including mutual funds. However, apart from that, mutual funds are actually a type of investment that has a low level of risk for some of its products, such as money market mutual funds. This low risk is because the funds you invest are put into investment products that tend to be safe, such as deposits and government bonds
The Myth of Mutual Fund Procedures is Very Complicated
There is an opinion that being able to invest funds in various investment products, including mutual funds, is very complicated. Various document preparations must be prepared. You also have to come to a mutual fund sales place and spend hours buying the type of mutual fund you are looking for.
Fact: Very Easy Procedure
Currently, the procedure for investing in mutual funds is very easy. The only documents you must prepare to be able to invest funds in this instrument are your KTP and savings account number. If in the past starting mutual funds you had to go to the selling bank, now you can even start and buy mutual funds online.
The Myth of Mutual Fund Management is Time-Consuming
Already to start investing in mutual funds requires complicated procedures, not to mention management. You must be prepared to be confused because you have to continuously monitor the movement of the mutual fund products you own and this will take up time every day.
Fact: Management is carried out by investment managers
The good thing about investing in mutual funds is that you don’t need to spend any time just managing your investment funds. All investment funds that you have put into mutual funds will be managed by an investment manager. You just have to sit back and relax while occasionally seeing the movement of your investment value which can be monitored online.
The Myth: Mutual Funds Must Have Large Capital
4 Wrong Myths about Mutual Fund Investments
Don’t expect to be able to invest in mutual funds if you don’t have millions in money. The reason is, the myth states that the capital that must be invested in this investment instrument is relatively large. Only people with high financial stability can ultimately invest in mutual funds.
Fact: Capital starts in the tens of thousands
In fact, with just tens of thousands of rupiah, you can have a mutual fund account. With this, anyone can invest in mutual funds, even first-time jobbers.