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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!
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
The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund
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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
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.
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