Thoughts on mutual funds?

advantage of mutual funds over ETFs is that you can buy/sell based on set daily cost rather than traditional stock market BS, also you can contribute smaller amounts and aren't forced to buy whole units, and typically are free to buy and sell if you hold for a certain time, dependent on broker

the downside is that mutual funds tend to have higher MER rates and ETFs cost money to buy/sell

if you can find a broker that does free ETF transactions you can load up your ETF if you are getting a constant source of income

ETF vs mutual fund essentially depends on your personal situation, but they are very similar and serve a very useful place in any portfolio, do your own research anon

Meh. Some are okay. Index funds are where you should be though.

http://www.investopedia.com/ask/answers/031115/what-did-warren-buffett-mean-when-he-said-diversification-protection-against-ignorance-it-makes.asp