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Question - CASE ANALYSIS - Over the last month, Mr. and Mrs. Sampson have been struggling with how to invest their savings to support their children's college education. They previously considered stocks and bonds and are now seriously considering investing their money in mutual funds. They are looking to you for advice on which type of funds would be appropriate and whether they should invest theirsavings in one mutual fund or in several.
1. Why might mutual funds be more appropriate investments for Mr. and Mrs. Sampson than individual stocks or bonds?
2. Should Mr. and Mrs. Sampson invest their savings in mutual funds? Why or why not?
3. What types of mutual funds should Mr. and Mrs. Sampson consider, given their investment objective?
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