Anyone investor can benefit from the system as a guide or a provider of a back-up investment. The system is recommended by young and employed people who are new in investing since they would need an expert opinion on choosing a mutual fund, and being young allows them to take risk unlike older individuals who may not have enough time to recover from loss. Advising the neophyte investors reduces the risk they will get from investing and it also gives them confidence with their investment. Another reason why neophyte investors benefit from this is that mutual funds provides one of the lowest initial capital among investment options, and this system focuses on that topic. Other investors can also benefit from the system since it gives a conclusion that is not baseless and it is applicable, though it would probably serve as plan B to some of them.
Tuesday, August 2, 2011
Use of Mutual fund expert system
The Expert System aims to help anyone to choose which kind of mutual fund investment would work best for his/her circumstances in the Philippine setting. The system makes a conclusion that it evaluated to be the best among the options available base on the investor's circumstances but it does not force the investor to pick that option, but it just advises him/her so that the investor can get an expert opinion. The conclusion may also serve as something like a back-up plan for investors since investing is risky no matter what form of investment it is.
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