Contracts of "mutual interest" are such as are entered into for the reciprocal interest and utility of each of the parties; as sales exchange, partnership, and the like. (Blacks Law Dictionary, Fifth Edition - 293)
A stakeholder of a mutual fund is someone who has interest in it.
Yield is the interest earned on a bond, or the dividend paid on a stock or mutual fund.
AnswerSince there are no guarantees associated with investing in a mutual fund, the interest does not work the same as say a GIC. The mutual fund is subject to the day to day activities of the stock market, increasing or decreasing in value on a day to day basis.
It depends on the rate of interest you pay on the debt and also the rate of returns the mutual fund is generating. Let us say you have a loan with a bank with a preferential rate of interest of 5% per year and your mutual fund is earning 15% or more per year - in that case I would not payoff my debt by selling the mutual fund. Whereas, if my loan is charged at around 12% per year and my mutual fund is growing at 15% per year, i would pay off the debt using the mutual fund and start a fresh investment plan. This way we would save a lot on the interest we pay from our pocket.
No, it's not a good idea. Your mutual funds should be earning you a good interest. Consolidate your credit card debt and take out a "Line of Credit" as the interest rate is much lower.
A stakeholder of a mutual fund is someone who has interest in it.
Yield is the interest earned on a bond, or the dividend paid on a stock or mutual fund.
You can wink at her, give her compliments, get to know her first. Be her friend and then you can see if she has mutual interest in you.
AnswerSince there are no guarantees associated with investing in a mutual fund, the interest does not work the same as say a GIC. The mutual fund is subject to the day to day activities of the stock market, increasing or decreasing in value on a day to day basis.
Pimco funds are mutual funds. They are a type of mutual fund that gains interest over time. Pimco is a international financial institution from whom you would get these mutual funds.
There are a number of different Wells Fargo Mutual funds. The average return for a mutual fund in 2009 was 5%
2009 Dividend Scale Interest Rates for Whole Life Policies in the General Account at Northwestern Mutual Life is 6.5% - information provided by Leadaodpak@aol.com
A concordat was agreed between Church and State on a matter of mutual interest
It depends on the rate of interest you pay on the debt and also the rate of returns the mutual fund is generating. Let us say you have a loan with a bank with a preferential rate of interest of 5% per year and your mutual fund is earning 15% or more per year - in that case I would not payoff my debt by selling the mutual fund. Whereas, if my loan is charged at around 12% per year and my mutual fund is growing at 15% per year, i would pay off the debt using the mutual fund and start a fresh investment plan. This way we would save a lot on the interest we pay from our pocket.
No, it's not a good idea. Your mutual funds should be earning you a good interest. Consolidate your credit card debt and take out a "Line of Credit" as the interest rate is much lower.
Mutual refers to something shared between two or more parties. It can indicate a feeling of common interest, benefit, or understanding between individuals or groups.
The banks that offer interest accounts are Ally Bank, Mutual of Omaha Bank, Citibank and a average bank should have that. Compare the interest rates at best rates to get the best.