Mutual fund

first date, it seems to lay the groundwork for the future relationship, if there is one. Now, each person may have a different experience when he or she goes on a first date. The majority of first dates may end differently, with the two people being mutual friends, being love at first sight, or being the worst of all. Some dates…

State Farm is an American group of insurance and financial services companies in the United States. The group's main business is State Farm Mutual Automobile Insurance Company, a mutual insurance firm that also owns the other State Farm companies. State farm featured LeBron James in their commercial to get more views, and they did having forty nine thousand and seven hundred nine views. According to the Associated Press, the advertisement was shot at the University of Akron's indoor training…

“The love of money is the root of all evil” (1 Timothy 6:10, KJV). With over three billion individuals living in poverty, and 50 million being American, there is no question whether or not the world is facing economic crisis. Yet, how can the largest economy in the world, the US, be plagued with such an unequal distribution of wealth? The answer goes back to the deadly sin alluded to by Saint Timothy: greed. Heinous greed perpetrated by the 1%. In fact, according to BBC News, “the top 10 richest…

Peter Kropotkin- Mutual Aid Many people have heard the words mutual aid in their life at one time or another. Around the world countries and nations offer each other some form of mutual aid. For example, the United States sent mutual aid in the form of medicine and doctors when the Ebola virus broke out in Arica. Mutual aid consists of two different definitions. Mutual aid in reference to organizational theory means “voluntary trades of resources and service that will benefit each party”…

Greiblock Credit Union is one of the largest banks in the city of Chicago with over $5 billion in monetary holdings in the bank’s system at any given time. The company has over one hundred different branches located around the Midwest but is headquartered in Chicago city limits. With such a large business operation, it is obvious that the bank would need to take significant measures to ensure the money and information of their customers which they possessed was protected from any third-party…

Currently, you are losing your money, if you are just saving your money in your bank account or safe. In this year, you lost 1.6% of your money. It is lower than the United States annual average, 3.22% (S), but it is still 1.6%. The price of goods keeps increasing and we need more money to buy the same goods. However, banks do not pay us enough interest. In fact, inflation rate in this year, 2016 is 1.6% according to Federal Reserve Bank of St. Louis (S), while we have 0.01% of interest rate of…

The Big Short: Inside the Doomsday Machine is a book written by Michael Lewis, which was published back in 2010. The story is based on a few smart individuals around the country saw something that nobody else did. They detected a behavior with the financing of the housing market that would eventually hit critical mass. A few of the people ran into each other by mistake, where others were former neighbors. In the end, two sets of groups worked together to make a bet on the flip side of the market…

Felix Arvid Ulf Kjellberg, better known by his online pseudonym PewDiePie, has always been scrutinized by the media regarding how much money he makes, but this time they have dug up something else to discuss. The media, specifically the Wall Street Journal, recently came out with an article discussing PewDiePie as a Neo-Nazi. Between February 2016 and February 2017 Pewdiepie has uploaded multiple videos with Nazi symbolism. This has caused a massive coverage on the subject throughout the…

institutions and more to do with new regulatory changes on U.S. money market funds that went into effect in mid-October. The reform requires funds to move from a $1 fixed net asset value (NAV) to a floating NAV along with adopting liquidity fees and redemption gates. These measures have been put in place to safeguard against a repeat of the crisis, which was met with massive outflows and one prominent money market fund “breaking the buck”, dipping below a $1…

The Dodd-Frank Act was a piece of legislature passed by the Obama administration in 2010. This act is formally known as the Dodd-Frank Act Wall Street Reform and Consumer Protection Act. This piece of legislature was a response to the financial crisis of 2008. The Dodd-Frank Act at the time of passing consisted of 2,307 pages, 16 titles and 540 sections of law. This piece of legislation was named after Senator Christopher J. Dodd and Representative Barney Frank who had endorsed this act. This…