People like mutual funds because they make investing less stressful. You don't have to be an expert in the stock market to get started. Even small investments can give you access to a wide range of stocks or bonds, which helps spread risk. Professional fund managers do the day-to-day work of researching, picking, and keeping an eye on your investments. Mutual funds are a smart and safe way to build wealth over time because they are easy to get into and out of, they are clear, and they have the potential to grow over time.

Mutual funds strike a strong balance between risk and reward, offer easy entry and exit, and are managed by experts, making them a smart choice for most investors—especially those without the time, knowledge, or risk appetite for more complex or less liquid investments.