Whether you are a financial genius or someone who knows very little -- or nothing -- about investing, choosing the right places to put your money can be tough. If you haven't yet thought about investing in mutual funds, however, now is the time to do it. These are just some of the many reasons why you should add mutual funds to your investment portfolio through a company like Raymond James Financial Service.

1. Diversify

You know the saying about putting all of your eggs in one basket. It's never a good idea to put all of your money into just stocks or just bonds. If you're looking to diversify a little bit, purchasing mutual funds is a great way to do it. You'll instantly have a little more diversification in your portfolio, which is a good way to cut down on your risk and ensure that you're making wise investing decisions.

2. Save on Commission Charges

As you probably already know, making larger investing decisions can cost you a lot of money in commission fees. If you are looking to make a larger investment without having to pay all of these fees, consider mutual funds. Although you will have to pay some fees to make this purchase, you can make much larger purchases without paying nearly as much in fees.

3. Have Access to Your Money More Easily

Some investments make it hard for you to have access to your money. Although this can help prevent you from spending it when you should be saving it, it can also make it tough for you to get to your money if you find yourself in a real bind. With a mutual fund, it's easier for you to gain access to your money, so you'll have more liquid assets.

4. Make Smaller Purchases

You might think that you have to have a lot of money to get started with investing, but that doesn't have to be the truth. When purchasing stocks, you often have to have enough to purchase an entire share, which can be pretty expensive for many companies. With mutual funds, however, you can get started with a smaller amount. If you don't have much to invest or simply want to get started without risking a lot, a mutual fund can be a great option.

If you haven't yet thought about adding mutual funds to your investment portfolio, now is the time to do it. These are just a few of the many reasons to look into this investing option while bulking up your portfolio.