0
What else can I help you with?
What you contributed money or time to a cause of rund?
Chipped In
What happens to the money between the time a worker pays into a trust fund and the time when he or she collects benefits from that fund?
The money in the trust fund is invested and some of the income is used to pay future benefits. As a result, the net value of the fund increases over time.
What do you understand by bank fund?
Your funds are the amount of money in your account at that time
How has Michael Jackson contributed to the US?
Time, Talent and Money!
Is a sinking fund what makes money grow over time?
tdsdgdfg dfgg dsfhidk
Does sinking fund makes money grow by adding interest to previous interest earned?
A sinking fund makes money grow over time by adding interest to previous interest earned. ... The rate of return matters when it comes to compound interest.
Can you give a sentence using the word contribute?
I contributed my time to this cause.
Are bonds a mutual fund?
No. Bonds are agreements between two people involving money transfer and debt. The person who is borrowing agrees to repay the money along with interest after a specified duration of time to the lender.A mutual fund is a common pool of money collected from many investors and invested in the stock marketby the fund manager.
What is sinking fund approach?
A sinking fund approach is a type of economic approach that involves setting aside some profits over time. This money is often set aside to fund large capital expenses.
How much money does it take to invest in a mutual fund?
It depends on the type of mutual fund you want to invest and also the fund house in which you want to invest your money. In majority of the cases the minimum amounts are as follows: a. One time Investment - Open ended Mutual Fund - Rs. 1000/- and multiples of Rs. 500/- thereafter b. Systematic Investment - Open ended Mutual Fund - Rs. 500/- and multiples of Rs. 250/- thereafter c. One time investment - Close ended Mutual Fund - Rs. 5000/- and multiples of Rs. 1000/- thereafter These numbers are approximate and may vary from fund house to fund house.
Can you withdrawal money from a money market fund at any time without penalty?
Yes, you can generally withdraw money from a money market fund at any time without incurring a penalty. However, some funds may have specific policies regarding minimum balance requirements or limits on the number of transactions allowed within a certain period. It's essential to review the terms and conditions of the particular fund you are considering. Additionally, while withdrawals are usually straightforward, there may be processing times involved.
Describe a mutual fund?
A mutual fund is an investment instrument for the common man does not have the time or expertise to invest directly in the stock market. an experienced investor pools in money from such investors and invests in the stock market on their behalf. This person is called the fund manager and the organization that employs this person is the fund house. The whole system is called a mutual fund.
