National Donut Day comes around faster and faster every year. Wait…that’s my refrain for New Year’s.
In the interest of doing a timely piece though, let’s see if I can turn National Donut Day into a financial lesson of sorts.
A box of donuts is kind of like a mutual fund. Think of a single donut as a company. If you buy just one donut, and something happens to it, then you’re done. Kind of like buying just one company’s stock. If something happens to that single company, well, there goes your investment.