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  2. Index funds: What they are and how to invest in them - AOL

    www.aol.com/finance/index-funds-invest-them...

    In 2022, the asset-weighted average expense ratio on stock index mutual funds was just 0.05 percent — a bargain price that is tough to beat. Meanwhile, index ETFs came in at a still-cheap 0.16 ...

  3. List of U.S. cities by adjusted per capita personal income

    en.wikipedia.org/wiki/List_of_U.S._cities_by...

    An income of $0.88 in Birmingham equals an income of $1.27 in San Jose with the U.S as a whole having an average PCPI of $1.00. To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in ...

  4. Chit fund - Wikipedia

    en.wikipedia.org/wiki/Chit_fund

    The first state-run chit fund, Kerala State Financial Enterprises, was established in 1969 by the Kerala government. Its explicit purpose was to provide an alternative to unscrupulous private-sector chit fund organizers. In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds.

  5. Benjamin Graham formula - Wikipedia

    en.wikipedia.org/wiki/Benjamin_Graham_formula

    The Graham formula proposes to calculate a company’s intrinsic value as: = the value expected from the growth formulas over the next 7 to 10 years. = the company’s last 12-month earnings per share. = P/E base for a no-growth company. = reasonably expected 7 to 10 Year Growth Rate of EPS. = the average yield of AAA corporate bonds in 1962 ...

  6. California Institute of Technology - Wikipedia

    en.wikipedia.org/wiki/California_Institute_of...

    The California Institute of Technology (branded as Caltech) [a] is a private research university in Pasadena, California. The university is responsible for many modern scientific advancements and is among a small group of institutes of technology in the United States that are strongly devoted to the instruction of pure and applied sciences.

  7. Best Nasdaq ETFs: Top funds for investing in the tech index - AOL

    www.aol.com/finance/best-nasdaq-etfs-top-funds...

    This fund goes up as the Nasdaq-100 goes down, allowing you to short-sell the index in a convenient fund. Annual returns (5 years): -58.4 percent Expense ratio: 0.95 percent

  8. CIT Group - Wikipedia

    en.wikipedia.org/wiki/CIT_Group

    CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...

  9. Collective trust fund - Wikipedia

    en.wikipedia.org/wiki/Collective_trust_fund

    Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental profit sharing, pension ...