Investing in mutual funds can lead to long-term gains Published Sept. 19, 2014 By 2nd Lt. Tho Dang 71st Flying Training Wing Public Affairs VANCE AIR FORCE BASE, Okla. -- Twenty Team Vance members attended a mutual funds and savings class hosted by the Airman & Family Readiness Center Sept. 9 at the AFRC. The class was led by Angel Dominguez, the Airman and Family Readiness Center community readiness consultant, and it concentrated on the benefits of investing in mutual funds. "You are never too young to start investing," said Dominguez, about the importance of attending financial planning classes. The class is open to all Team Vance members and individual help is available for those interested in learning more about ways to invest. The class is offered on a monthly basis and the next one is scheduled for Oct. 16 at the Professional Development Center. When Dominguez's son was 16, he came to him and asked if he could help him invest, he said. By giving his father $50 a month and Dominguez matching the investment, his son was able to make and save more than $60,000 by the time he was 22. Although mutual funds focus on long-term investing, they can provide a substantial return if the fund has a high interest rate, said Dominguez. It usually takes about five years for someone to see growth in their investment, but the rates are well worth it. Airmen looking for more information or to attend a class should call the Airman & Family Readiness Center at 213-7873.