According to the Bureau of Labor Statistics, the median income for computer programmers in 2014 was $77,550, up more than $3,200 from 2012, a rate that significantly outpaced inflation. Those in the top 10 percent earned over $127,000 a year.
The values and performance of collective funds are listed in newspapers. An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These advantages include an ability to: hire Professional investment managers, which may potentially be able to offer better returns and more adequate risk management;
Mutual fund. Definition: Mutual funds are pools of money that are managed by an investment company. They offer investors a variety of goals, depending on the fund and its investment charter. Some funds, for example, seek to generate income on a regular basis. Others seek to preserve an investor's money. Still others seek to invest in companies that are growing at a rapid pace. Funds can impose a sales charge, or load, on investors when they buy or sell shares. Many funds these days are no load and impose no sales charge. Mutual funds are investment companies regulated by the Investment Company Act of 1940. Related: open-end fund, closed-end fund.