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Finally, it frames a long-term mutual-fund selection approach for 2020, emphasizing low costs, diversification and balanced risk, defensive sectors, and illustrative fund examples with stated expense ratios and investment minimums.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/presentations/","Presentations",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/mutually-exclusive-vs-independent-statistics-budget-decision-making-and-best-mutual-funds/260844/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/mutually-exclusive-vs-independent-statistics-budget-decision-making-and-best-mutual-funds/260844.png","ImageObject",442,249,{"name":42,"@type":43},"Quinn Holloway","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-22","2026-09-14",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",9,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the difference between mutually exclusive and independent projects?","Question",{"text":63,"@type":64},"Mutually exclusive projects allow a company to accept only one, and choosing one affects funds available for others. Independent projects do not affect cash flow of other projects when elected or rejected.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which financial indicators are used in the budget decision-making process described here?",{"text":68,"@type":64},"The text states that long-term investment decisions use three indicators: the payback period, net current value, and internal profitability.",{"name":70,"@type":61,"acceptedAnswer":71},"How does the text suggest building a mutual-fund portfolio for long-term investors?",{"text":72,"@type":64},"It recommends low-cost, no-load funds, diversification across asset classes, and defensive exposure that can better withstand weaker economic conditions while avoiding high-risk market areas.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},260844,1791134203,{"code":4,"msg":82,"data":83},"success",[84,88,93,98,103,108,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":86,"slug":87},11,90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":85,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":30,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":22,"preview_page_count":4},2336474466712,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Continue  \nMutually exclusive vs independent statistics  \nMutual projects relate to a set of projects from which only one can be accepted by a company or organization. It is also assumed that mutually exclusive projects are designed to perform the same task , and the choice of one of them affects the availability of funds for other projects. The opposite of mutually exclusive projects is an independent project. An independent project does not affect the cash flow of other projects when elected or rejected. In a scenario that uses budget criteria , all independent projects that meet these criteria should ideally be adopted and implemented. Companies considering mutually exclusive or independent projects are more likely to follow the budget decision-making process. This process helps to make long-term investment decisions of the company and uses three financial indicators: the payback period of the project , its net current value and internal profitability. When a company chooses between mutually exclusive projects , the main criterion that is used is the net cost of the project. A decision made using this capital budget rule theoretically results in the right decision being made every time. This rule also applies under the implicit assumption that all cash flow generated by the project can be reinvested to meet the company's capital expenditures. The best mutual funds to buy include a wide range of categories ideal for weathering volatility and weakening the economy. Even against the background of something like a coronavirus and a bearish stock market , long-term investors can always take advantage of lower prices , while maintaining a long-term outlook after the current year. With this , if you think about it , we allocate six funds. Using a long-term investment philosophy , the investor can try to determine which of them are the best mutual funds to buy and hold now and over the next decade and in the future. Here's how we chose the best mutual funds to buy for 2020. Low costs: When choosing the best means to buy , no matter how long the holding period is , investors are smart to choose one of the best inexpensive , no-load funds sold without commission or sales fees. This is important because keeping costs low is a fundamental aspect of profit growth , especially in the long run. Diversification , balance of assets: By allocating a portfolio to several asset classes , including stocks , bonds and cash , investors can protect themselves from the extremes of a bear market while maintaining the impact of long-term benefits. In short , keep in mind the degree of risk/reward investment. Stocks have a higher risk , but have a higher potential for benefits , while bonds have lower risk but offer less prospect of long-term benefits. Defensive sectors: Some sectors of t he economy may live better than others during a weak economy. These sectors are called defensive because of this resilience in difficult times. Times. sectors include health care and consumer goods. With a likely downturn in 2020 or 2021 , investors should plan for a weakening of economic conditions. This requires a well-diversified portfolio of funds that avoid high-risk areas in the market , such as small-cap stocks and emerging markets. Instead , it should focus on areas with lower risk. These may include high-quality , large caps of U.S. stocks and some bond funds. Some investors may choose balanced funds that invest in a combination of multiple types of securities. With these current factors and approaches in mind , here are some of the best funds that have the potential to be leaders in the years to come. We will begin our list of the best mutual funds with those focused on equities. When creating a portfolio of mutual funds , it is good to start with a large capitalization of the stock index fund as the main holding. This is due to the fact that index funds such as VFIAX invest in about 500 major U.S. companies , as measured by market capitalization. This prov","cbCaijgiZ7rJqeV3","https://ap.wps.com/l/cbCaijgiZ7rJqeV3","pdf",49249,"English","# Mutually exclusive vs independent project decisions\n## Budget criteria and financial indicators\n## Capital budgeting rule for mutually exclusive projects\n## Long-term mutual fund selection approach for 2020\n## Low costs, diversification, and defensive sectors\n## Example equity-focused funds and one-fund balanced strategy","[{\"question\":\"What is the difference between mutually exclusive and independent projects?\",\"answer\":\"Mutually exclusive projects allow a company to accept only one, and choosing one affects funds available for others. Independent projects do not affect cash flow of other projects when elected or rejected.\"},{\"question\":\"Which financial indicators are used in the budget decision-making process described here?\",\"answer\":\"The text states that long-term investment decisions use three indicators: the payback period, net current value, and internal profitability.\"},{\"question\":\"How does the text suggest building a mutual-fund portfolio for long-term investors?\",\"answer\":\"It recommends low-cost, no-load funds, diversification across asset classes, and defensive exposure that can better withstand weaker economic conditions while avoiding high-risk market areas.\"}]","Mutually Exclusive vs Independent Statistics - Budget Decision-Making and Best Mutual Funds | PDF",1789346603]