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for GDP an investment is saving.

Q: Are mutual funds an investment or saving?

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for GDP an investment is saving.

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Based on the investing style equity mutual funds are broadly classified into 4 categories:

Equity Diversified funds
Equity Linked Saving Schemes (ELSS)
Index funds & ETFs
Sectoral Funds

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see link:

http://www.thestreet.com/s/what-happens-when-a-brokerage-fails/funds/saving-money/10393483.html?puc=aoljjc

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It is good for young adults to be interested in saving money nowadays. A few good mutual funds are Rochester fund, Riversource, and Prudent Bear Fund.

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Index funds are great for saving for retirement if you don't have a lot of money to put toward your retirement. They are easy to learn and you will get a return on your money without a lot of worry about losing the money. Speak with a retirement specialist about index funds if you are interested in them.

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