A unitized fund, also known as an open-end fund, is a type of collective investment scheme where investors buy and sell units in the fund, so the price of each unit is calculated by dividing the total value of the fund’s investments by the number of outstanding units. This means that as the fund’s assets … Read more
Mx Takatak is a mobile video-sharing app where users can create and share short videos. The app has a rewards program where users can earn money by watching videos, completing tasks, and inviting friends. Users can withdraw their earnings via various payment methods, such as PayPal and Venmo. The app has been praised for its … Read more
The value of baseball cards is determined by a combination of factors, including the player’s career achievements, rarity, condition, and demand. Cards from Hall of Famers or players who had iconic seasons tend to be more valuable. Limited-edition cards or those with unique features, such as autographs or game-used relics, also command higher prices. The … Read more
Players who participate in the Indian Premier League (IPL), a Twenty20 cricket tournament, are auctioned off to different teams before the start of each season. During the auction, teams bid for players based on their skills, experience, and potential. Once a player is purchased by a team, they receive a contract that outlines their salary … Read more
A fidelity fund certificate is a type of insurance that protects an organization from financial losses due to dishonest acts committed by its employees. In the context of managing agents, a fidelity fund certificate is required by law in many jurisdictions to ensure that the agent is financially responsible for any losses suffered by clients … Read more
Hair stylists often earn a good living. They typically charge by the hour, and their rates vary depending on their experience, location, and clientele. Some hair stylists work in high-end salons and charge upwards of $100 per hour, while others work in more modest settings and charge less. However, even those who work in more … Read more
. 80, Sal Khan, the founder of Khan Academy, is known for his mission to provide free and accessible education to students worldwide. While the platform is designed to be non-profit, its operating costs and teacher salaries are supported through various funding sources. Khan Academy receives grants from philanthropic organizations, government agencies, and corporate sponsors. … Read more
The time it takes for funds to be wired after closing varies depending on factors such as the time of day, the bank’s processing time, and the method of wire transfer. On average, domestic wire transfers usually take one to three business days to complete, while international wire transfers can take up to five business … Read more
Caterpillar, a leading manufacturer of construction and mining equipment, experienced a 19% revenue decline in 2020 due to the global economic downturn caused by the pandemic. However, the company’s revenue rebounded strongly in 2021, growing by 24% to $41.4 billion. This surge was driven by increased demand for its products from key sectors, such as … Read more
When a company has made a profit, it can choose to distribute a portion of it to its shareholders in the form of dividends. Dividends are payments made per share of stock and represent a return on the shareholder’s investment. While receiving dividends can provide a source of passive income, it’s important to understand that … Read more