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...

image for What is an Active-Duty Entrepreneur?

What is an Active-Duty Entrepreneur?

JasonAnderson.jpgAn active-duty entrepreneur is a military service member or spouse who deliberately plans and carries out the steps required to conceptualize, develop, and (perhaps) launch a small business while still on active duty. They understand that utilizing their unique military ecosystem (which provides job security, a dependable salary, health-care, and a predictable career timetable) provides them a built-in advantage over other aspiring entrepreneurs. In fact, the military ecosystem might be the ideal place to begin small business development. Think of the untapped well of entrepreneurial potential energy the Department of Defense has to offer! If only a small percent of the overall military population mobilized this new approach, it would be a game-changer by spurring small business development, innovation, and job creation resulting in an overall positive affect on the sluggish US economy.

image for The Jones Act and the U.S. Military

The Jones Act and the U.S. Military

Maritime LogoThe Merchant Marine Act of 1920, more commonly known as the Jones Act, has been protecting seamen and merchant marines, as well as supporting the U.S. Military for decades. It is a law that allows maritime workers to seek compensation from employers, that regulates commerce in U.S. waterways, and that enforces U.S. law on all vessels in the country, foreign or domestic.

Rights for Mariners and Supporting a Strong Military

One of the most important things the Jones Act does is allow merchant marines and seamen to pursue damages from employers. This is important to the maritime industry in the U.S. because it forces employers to maintain safer work environments and to take responsibility when sloppy safety procedures or other factors lead to an injury or death. The right to seek compensation extends to dependent family members of anyone who dies in a maritime job because of negligence.

The Jones Act is also important in supporting the military. The law forces vessels in the U.S., as well as ports, terminals, and other facilities, to follow laws and to maintain productive and safe maritime work environments. When the U.S. goes to war the military can call ships, ports, technology, and infrastructure into action. The Jones Act ensures that these are in good working order in the event the military needs them.

Providing Information and Resources

MaritimeInjuryCenter.com provides up-to-date and researched information about everything related to maritime laws, especially the Jones Act, current events in the maritime industry, personal injury cases, and legal rights and opportunities. These are made available so that maritime workers, merchant marines, and others have the resources they need to exercise their rights. We can help you get the information you need about maritime legal matters and resources to legal experts. For more information contact our head of advocacy, Dan Griffin, at: Dgriffin@maritimeinjurycenter.com, or https://www.maritimeinjurycenter.com/contact/



 

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