When looking for profitable investment opportunities, most people always have to consider multiple options thanks to the many readily available opportunities in the market. Whereas every investment opportunity provides an investor with a chance to create more wealth, their degrees of risks greatly varies. Now thanks to money markets funds you can secure your future without having to worry much about its uncertainties.
As stated on Wikipedia, a Money market fund or money market mutual fund is a savings and investment opportunity that gives financial investors options to in short-term income securities such as commercial papers, treasury bills, and short-term bonds. These funds are meant to provide a safe investment opportunity to investors while providing better returns to their money as opposed to bank deposits. The money market is regulated by the Securities and Exchange Commission (SEC) and largely comprises of banks, mutual fund firms, brokerage companies and investors as the main players within the industry.
The money market fund was created in 1971 by Bruce Bent II’s father and his business partner. According to Wikipedia sources, the two businesspersons set up the Reserve Fund as an option of saving their money while at the same time earning from it. This market characteristically helped grow the financial economy before facing stiff rivalry from other upcoming fund markets.
About Bruce Bent II
Bruce Bent II is an established expert and consultant when it comes to matters financial investment. Bent is a graduate of Northeastern University where he graduated with a degree in Philosophy. Currently, Bent holds a position in Double Rock Corporation as the Vice Chairman and President. Through the company, he has helped provide timely and innovative investment solutions to banks, broker-dealers, and individual investors.
Bruce bent is well known for the innovative service and how he has helped the financial industry and economy. He has been a huge part of helping financial businesses and corporations find innovative and creative financial and cash-related services.
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