Joint stock company
Benevolent associations
Ferdinand and Isabella of Spain
Tobacco
If you were an investor in Madoff's ponzi scheme, you lost money.
stock prices would decline and investors would lose money
Money Market Mutual Fund.
Benevolent associations pooled money together to provide help to new immigrants.
Benevolent associations
benevolent associations
Benevolent associations
By finding investors. Where are these investors
Ferdinand and Isabella of Spain
An ETF stock is a type of mutual fund (an investment formed of money pooled by multiple investors) that is traded on the stock exchange. Similar to a company's shares, ETFs are bought and sold throughout the day, constantly changing the funds price.
pool your money and invest in a portfolio with other investors
Investors
Investors monitor the running of a business and protect their money
That's called a pyramid scheme.