Prudential Financial companies have more than half a trillion dollars in total assets, making them one of the largest financial service firms in the United States. With more than 130 years of experience, they are the Rock and offer a number of products to grow and protect your wealth, including a wide range of mutual funds.
Get a solid background before jumping in. Visit Investment FAQ, listed in Resources below, or similar financial Web sites to learn the basics about investing. It's a complicated industry with its own risks, rewards and vocabulary, and it can be daunting.
Visit the Prudential Web site, listed in Resources below, and browse their mutual fund programs. There are many funds from which to choose, each with its own investment strategies and success rates.
Determine why you are investing. Different financial plans require different approaches; long-term growth for retirement is different than raising money quickly to start a business. Consider consulting a financial specialist to help with this step.
Determine how you will invest. Each investor works differently, based on their finances, goals and timetables. For example, your investment can be transferred directly from a bank account on a regular basis or you may prefer to add to your fund on your own schedule.
Request a prospectus for the funds in which you're interested, and read it very carefully. All risks and charges associated with a mutual fund are covered in the prospectus.
Contact a Prudential Financial professional when you're ready to invest.
- Investing in mutual funds is one of the safest and easiest ways to get into the market.
- Prudential offers two distinct mutual fund families as well as a comprehensive investment program to help you tailor your financial goals.
- Even though mutual funds represent one of the safest market investments, there are a number of risks involved.
- The past performance of any given mutual fund is no predictor of its future performance.
- Making long-term financial plans, such as choosing the right mutual fund, is time-consuming and may require professional assistance.
- Prudential mutual funds are not FDIC insured, have no bank guarantee and may lose value like any other investment.
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