09-26-2017, 02:05 PM
modelamac wrote:
What's a Vanguard "component"? Does it mean sell, wait & watch, or buy? Those words I understand.
[quote=freeradical]
My Vanguard stock index mutual fund has AAPL as a component.
mu·tu·al fund
?myo?oCH(o?ow)?l ?f?nd/Submit
nounNORTH AMERICAN
an investment program funded by shareholders that trades in diversified holdings and is professionally managed.
*http://www.urbandictionary.com/define.php?term=tongue%20in%20cheek