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A balanced mutual fund allows an individual to place dollars with a mutual fund company, who in turn invests the money in more than one area. Understand what is meant by the word balanced when referring to mutual funds and how it plays a role in investing decisions withtips and advice from an experienced financial adviser in this free video. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC