Many people own mutual funds and still have no real clue what a mutual fund really is.
And since more than 80 million people invest into mutual funds, wouldn't you think people would want to have some idea of where there money is going?
Since all people like to eat, I thought I would try to explain what a mutual fund is using my favorite steak chili recipe as the analogy.
That's right! Food and investing. I promise you it doesn't get better than this!