I just took the total NAV and I divided it by the shares.

And all of these guys benefit when stock markets go up.

But what it does is, it limits the interactions.

(Laughter)

Big investors.

Manage your finances, accounts, and investments

The only people who are customers of the financial press are money managers, financial planners, and things

Your finances,your investments,your bank accounts anything you have hidden,she'll find it.

Or I guess you can say that the share structure is locked from the beginning

So people who want to manage your wealth, stock brokers, mutual fund companies, anyone who can advertise.

Then came MlT, Bill Clinton handed him his diploma

These funds are to philanthropy what venture capital, private equity, and eventually mutual funds are to investing, but with a twist because often a community forms around these funds, as it has at Acumen and other places.

I'll give you one very dramatic example of this a study that was done of investments in voluntary retirement plans.

But in the same time, those new shares could be traded on an open market and that combination or you can kind of view it as the combination of the due actually exist and they're called Exchange Traded Funds.

And what we looked at was whether the number of fund offerings available in a retirement savings plan, the 401(k) plan, does that affect people's likelihood to save more for tomorrow.

Maybe I didn't put enough money in the joint account.

They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

These actually do exchange trade hand on the stock exchanges, but these aren't officially ETF.

You really want to get the decision right if it's for all eternity, right?

A buy side analyst is someone who works for a hedge fund or works for Fidelity at a mutual fund.

CA And now you're a big investor in that and bringing that to market?

He'd be willing to take a lower return as long as he was allowed to invest in less risky investments.

you have to buy this back from me at the NAV (net asset value) per share.

And what she found is that for every 10 mutual funds the employer offered, rate of participation went down two percent.

The amount of money you get.

check account

You offer 50 funds 10 percent fewer employees participate than if you only offer five.

Those can only take funds from certain types of sophisticated investors. and what happens in Pete's fund, and this is going to be an open ended mutual fund that we're showing here, and most mutual funds are like that.

And tons of people will buy it, especially hedge funds, and pension funds, and mutual funds, and bond investors.

Right now with only 400 under management, it would only be about 4 year

In the last video we had Pete starting an open ended mutual fund that was managed by Pete Inc.

Whatever you called him or his teachings

Investment

Is that something that you are still invested in, that you still believe in the notion of investment?

Malibu Equity and Investments.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

He valued what we already had at 5 million dollars.

And then taking the difference if this really is the difference, I just made up these numbers for simplicity, but taking the difference maybe the difference is forty five hundred dollars each year and putting this into a savings account or investing it Or putting it in a mutual fund whatever you do.

So all of the people will essentially have their money doubled minus whatever Pete's expenses are. in the next few videos I'll go over a little bit more of the mechanics of an open ended mutual fund.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Account code 6514346.

Perhaps even in some arrangement that's a little bit like an escrow account, where you put land in the escrow account and the partner nation takes responsibility for it.