Get a quick lesson on what a mutual fund is and how it works.A mutual fund is a pool of money from several shareholders and is managed by an investment professional.Some of the benefits of investing in mutual funds are professional investment management and diversification.Be sure to read the mutual fund’s prospectus to understand its fees and expenses and other important information about the fund.
Understanding and assessing the market capitalization of companies is crucial to making smart investment choices. Market capitalization, or “market cap,” refers to the total value of all of a company’s shares of stock.All companies are categorized according to their market capitalization as small-cap, mid-cap, or large-cap.
There are many factors to consider when becoming a philanthropist or starting a charity. Establishing a new charity requires many important considerations.Adopting a strategic vision for the charity brings discipline and focus to philanthropy.Prudent investing and fundraising are key to a charity’s growth potential.Just as an individual goes through life cycles, so does a charity.