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There is no minimum age to start your retirement fund but there is a minimum age to start using that money. The sooner you start saving the better off you'll be later on in life!
Thomas Barnardo started his fund in the 1860s to address the plight of destitute children in London, whom he saw suffering from poverty and neglect. He initially used his own savings and donations from friends and supporters to establish his first home for abandoned boys. As awareness of his work grew, he was able to secure more funding through public donations, fundraising events, and charitable contributions, allowing him to expand his efforts significantly.
A money market fund is a mutual fund, but behaves a little different than most fund.
A Fund of Fund is a Mutual Fund where the fund manager does not buy individual stocks. Instead he buys mutual funds of a particular type. Maybe Equity Oriented Funds or Debt Oriented Funds etc. When the Fund of Fund starts an IPO, they raise money from investors and then begin investing money in the various fund schemes
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he got the money from the people who wanted to raise some money for the poor
i wish i new
There is no minimum age to start your retirement fund but there is a minimum age to start using that money. The sooner you start saving the better off you'll be later on in life!
Out of thin air.
from being adoctor mostly
The Reserve Fund was the first money market mutual fund
Thomas Barnardo started his fund in the 1860s to address the plight of destitute children in London, whom he saw suffering from poverty and neglect. He initially used his own savings and donations from friends and supporters to establish his first home for abandoned boys. As awareness of his work grew, he was able to secure more funding through public donations, fundraising events, and charitable contributions, allowing him to expand his efforts significantly.
A money market fund is a mutual fund, but behaves a little different than most fund.
Children's trust funds are a great idea for parents and grandparents to start because of government incentives. In Canada, if someone puts in money into their child's trust fund, the government will also put money in there as well, so the money keeps growing and growing over time.
The Reserve Fund was the first money market mutual fund
Around 1% of the money you invest in the fund goes to the salesman who sells the fund to you.