It's a type of mutual fund that is...balanced. No, not for life stresses, so that 1.3 hours a day is allocated for hot yoga. Rather, "balanced" means that there is some quasi-set ratio of stocks and bonds...higher risk, lesser risk...more cash throw, less cash throw...in some logical mix that answers the needs of that financial product for the customer. When it works, and you can retire in peace, let's hope you're doing cool yoga up on High rather than the hot version. No sympathy for an unbalanced fund or the Devil.
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Finance: What are Balanced Funds?37 Views
Finance a la shmoop what are balanced funds? well this is a teeter
and this is a totter and this thing here is the fulcrum and here's you madam [Woman sitting on the fulcrum]
imbalanced funds sitting in the middle a gentle breeze sways you left toward a
little more yield or interest on bond investments and then another breeze
sways you right toward a little more growth or capital appreciation from [woman swaying right]
equities a balanced fund is a type of mutual or index fund which generally
keeps an even ish mix of growth and income for investors who don't want the
volatile sharp rocky mountain peaks and valleys that growth only throws at you [Growth chart with peaks and valleys]
but well they want a bit more excitement than all bonds got it or rather they can
handle a bit more risk in their lives than what a simple bond income fund
would deliver to them you know a whole lot of boring yield balance is almost [Woman balancing]
always good for zen.. oops didn't see that breeze coming
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