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$250k-$500k...with most making around $350k.
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∙ 12y ago
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What is the meaning of 'yield' in the world of finance?
Yield is how much money a certain stock or mutual fund is expected to make you. It is similar to interest, it is just basically the % value that you can expect to make on your money. For example, if you invest $500 in a mutual fund that is expected to have a 5% yield, then you would make 5% on your original $500.
What are the main advantages of using the Washington Mutual Fund?
A Washington Mutual Fund sports advantages such as low fees, low risk, and steady growth. Though it is important to note that Mutual Funds to do not provide the investor with much flexibility.
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.
What do you mean by mutual fund?
Mutual Fund is an open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.
How much money do wholesalers make?
Mutual Fund Wholesalers make between 200-600k 401(k) Wholesalers make between 150-400k Annuity Wholesalers make betwen 100-300k
How much does a mutual fund manager make every year?
500,000-1,000,000
How much does an entry level Mutual-Fund Manager earn in a year?
no such thing as an entry level mutual fund manager, has to have some solid experience to be a supervisor in a fund team, but you can be an entry level fund accountant that tracks the NAV calculations and does other tasks, and can make about 35K, and move to manager position depending on the company.
What is the meaning of 'yield' in the world of finance?
Yield is how much money a certain stock or mutual fund is expected to make you. It is similar to interest, it is just basically the % value that you can expect to make on your money. For example, if you invest $500 in a mutual fund that is expected to have a 5% yield, then you would make 5% on your original $500.
What are the main advantages of using the Washington Mutual Fund?
A Washington Mutual Fund sports advantages such as low fees, low risk, and steady growth. Though it is important to note that Mutual Funds to do not provide the investor with much flexibility.
Is a Mutual Fund Right for You?
The mutual fund is a bundle of investments that are taken together for the purposes of dealing out interest related profits to investors. Mutual funds are known in the common knowledge as a "safe" type of investment, primarily because of the low maintenance required by the investor to keep the mutual fund. However, this common definition of the mutual fund has been shattered by the recent events in the market; namely, the Great Recession and the US debt crisis, both of which rocked the market so much as to shake mutual funds from their safe perch. A mutual fund must be researched the same as any other investment, only with a mutual fund, one must research the investment team.
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.
What do you mean by mutual fund?
Mutual Fund is an open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public.
Is mutual fund a valuable tool for novice investors?
Yes, a mutual fund is a valuable tool for novice investors because they do not have much experience in stock market investments and they don't know when to buy or sell shares. But mutual funds are managed by experienced fund managers so they can do the best with your investment and give you very good returns.
Can anyone please explain the Reliance mutual fund website?
Out of all mutual fund websites online, reliance mutual fund has good interface, it is very user friendly and has lot of information for new investors.The website also has an application called wheel of fortune, and the application compute how much money you need to invest regularly.
How much money do wholesalers make?
Mutual Fund Wholesalers make between 200-600k 401(k) Wholesalers make between 150-400k Annuity Wholesalers make betwen 100-300k
Why own a mutual fund rather than individual stocks?
Diversity. The point of a mutual fund is to spread out your risk. If you buy $10,000 worth of shares of an individual stock, and that company goes bankrupt, you lose the entire amount. If you buy $10,000 worth of shares in a mutual fund, it will be invested in a variety of different companies, so if one goes bankrupt your shares in the mutual fund might still be worth say $9900, depending on how much the mutual fund had invested in that particular company. Investing in a mutual fund consists largely of choosing one. Once you've done that, that's pretty much it: the fund manager will take care of all the buying and selling details. If you invest in individual stocks, you will need to manage your own portfolio. If you're shrewd (or lucky), you may be able to do better managing your portfolio yourself, but you'll probably have to do more work in order to do so.
Why Go with a Mutual Fund?
A mutual fund is not the most exciting type of investment available out there, but they are some of the most consistent. If you are interested in growing your money by approximately 10% per year, then you are interested in mutual funds. They are just one of these things that diversifies your money around enough to basically guarantee success. Most people who do not want to spend the time learning too much about the market will go ahead and purchase mutual funds. It is easy to do this and get on with the other important things in your life. Find a broker that can hook you up with a mutual fund today.
