Macho Money Definitions - What Is A Mutual Fund?

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Macho Money Definitions - What Is A Mutual Fund?

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vid_whatismfun.jpgAccording to Investopedia, a mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. If you're still a bit confused, click on the video and watch USAA Certified Financial Planner, Scott Halliwell explain in further detail.


See also...

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Video - MOAA Spouse

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The Military Officers Association of America is the nation's largest and most influential association of military officers.  It is an independent, nonprofit, politically nonpartisan organization.  They are the leading voice on compensation and benefit matters for all members of the military community, and are a powerful force speaking for a strong national defense and representing the interests of military officers at every stage of their careers.  Learn why male military spouses should pay attention and get involved with what MOAA is doing.

image for Macho Money Definitions - What Is A Stock?

Macho Money Definitions - What Is A Stock?

vid_whatisstock.jpgWhat is a stock? According to Dictionary.com, a stock is:

1. the outstanding capital of a company or corporation.
2. the shares of a particular company or corporation.
3. the certificate of ownership of such stock; stock certificate.

Click on the video and listen to a couple cool USAA Financial Counselors give a more thorough explanation with examples.



 

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