Mutual Funds, ETFs, and Index Funds: What's the Difference and Which Is Right for You?

When diving into the world of investing, one of the first crossroads you'll encounter is deciding where to put your money. Among the most common investment vehicles are Mutual Funds, Exchange-Traded Funds (ETFs), and Index Funds. Each has its own perks and trade-offs, and understanding the difference can help you align your investments with your financial goals.