Bruce Bent II’s Remarkable Invention in Financial Management

The money market fund was a substitute to the bank accounts that would allow preservation of cash as a deposit and a return on the same. A money market fund refers to pool funds where people are allowed to borrow and lend in short-term securities usually less than one year at an interest such as in treasury bills and commercial notes. The yields are relatively higher than those of the bank and are regulated by the Investment Company Act of 1940. They are a significant financial instrument that provides liquidity in the economy.

The Money Market Funds maintains a stable net asset value (NAV) per share of $1.00 in the United States which should never fluctuate downwards according to the provisions of 40 Act under Rule 2a-7. In the event it does, the term “broke the buck” is used to describe this drop in value. Only three incidences of breaking the buck were recorded before the global economic crisis of 2008; implying money market mutual funds are safe and stable. In the management of such happenings, capital is drawn back to reimburse security losses and avoid funds breaking the buck.

About Bruce Bent II

Bruce R. Bent II is an American investor and entreprenuer. Bent II is quite knowledgeable in money market funds and other financial aspects. He attended Northeastern University where he graduated with his Bachelor’s in Philosophy.

He is the CEO, Vice Chairman and President of Double Rock Corporation; a financial technology company that provides financial services in the banking sector, broker-dealers, and retail markets. His excellent and well-informed choices and skills in financial services, asset and risk management, strategic planning, mutual funds, securities, and equities has been the catalyst for his success.

 

For more information follow Bruce Bent II on Twitter.

Bruce Levenson Joins the Nonprofit World

In 2014, Bruce Levenson, an influential businessman decided to sell the Hawks Basketball team. According to Forbes.com, after successfully selling the team, Bruce ventured into the nonprofit making industry. Reports indicate that he has been seed funding the Do Good Institute at the prestigious University of Maryland.

The Do Good Institute is an initiative that is unprecedented by the higher education world. The institute was established with the primary aim of reaching students who were at the undergraduate level at the popular University of Maryland. After identifying the students, the organization would then expose them to the volunteering and nonprofit making world. The main idea here is to create a wave of nonprofit business leaders and transform them into people who are competitive just like their counterparts in the profitable private industry. Since it was established, the program has seen a tremendous change.

In an exclusive interview with Benzinga, Bruce Levenson says that over the last years, he had discovered that most of the amazing organization was led by extraordinary individuals just because they fell short of getting their mission. According to him, these people didn’t have the skills required by a professional so that they can be successful.

After this great discovery, UCG chairman Bruce and his wife went to the University of Maryland; where they decided to implement it. The wealthy couple decided to seed the initiative by giving seventy-five million dollars. The University of Maryland is believed to have donated the additional twenty million dollars needed to make everything successful. The classes are known as philanthropy 101and they equip the students with the knowledge they need in the nonprofit making world. The initiative was introduced in the year 2010, and it has done well at the University of Maryland. The school hopes that it will transform the society to make it a better place for everyone. https://www.nsf.gov/staff/staff_bio.jsp?lan=blevenso

Doe Deere of Lime Crime Cosmetics

Doe Deere of Lime Crime Cosmetics

Doe Deere is a Russian, American based founder and CEO of Lime Crime Cosmetics who currently lives in Los Angeles, California. At age 17, she migrated to New York to pursue her childhood dream of becoming a musician.

Her love for paintings, colors, and drawings was manifested since she was a little child. She used to apply make-ups on her outfits to display her desire for a great appearance. These were the main features that inspired her to create Lime Crime.

When she was nine years old, she used to paint her face dark and mysterious while with other kids at rest parties to be in synch with her attires. This would mean a colorful realm that kept her dreams alive and led to the creation of Lime Crime as a cosmetics company in 2008.

The brand Lime Crime came out of her much loved the colour that she wanted to develop lipsticks, nail polishes and eye shadows to revamp her body appearances. It was during the 2004 DIY fashion show that she demonstrated and advertised it on eBay and listed it as “Lime Crime” and the label became a sensation and adopted the title.

Doe Deere’s achievement was inspired by Kimberly Gordon, the founder of Wildfox. An in-depth look at the two firms appears to provide merchandise to the same type of clients. Equally, both firms were inaugurated in 2007 and 2008 period.

According to Doe, businesspersons should believe in themselves in anything they undertake. Starting small and working hard, with time they will attain the best in their areas of interest. Serving at an insurance group aged 20; she learned to have the courage to pursue her passion.

Lime Crime is here to last. Client contentment and service provision are Doe Deere’s primary objectives.

The firm has embraced technology in its day to day operations. Lime Crime uses social media as a marketing tool to reach client and offer them instant responses, fast search results, and engaging customer involvement.

By not taking serious consideration to negative criticism about her firm has turned her as the primary topic of discussion among entrepreneurs. Through media and technology, she only focuses on customer contentment making her fashion immortal.

To Doe Deere of Lime Crime, fashion is everything in the world of beauty fabrications in various spheres.

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Lifeline Screening May Be A Person’s Last Opportunity To Stay Alive

The logic of screening for potential health problems makes sense, but if that is true, why doesn’t everyone do it. There are probably some good reasons that people will use such as time, opportunity, and the fact that it is not a priority.

However, if people were aware of the danger that they are in by not having a screening done, there would be any more people who would be taking advantage of this service. Lifeline Screening is a company that offers people the opportunity to have such a screening at a modest cost.

Given the fact that there are very hazardous conditions that have little to no symptoms at all should alert most of us to sit up and take notice. However, most of us live in a world where it is easier to procrastinate rather than to take action.

Take the condition of Coronary Artery Disease where the plaque is plugging up the arteries that flow right into the heart itself. When these arteries get plugged, it is time for coronary bypass surgery, or you will not be long for this world. And yet, the symptoms are largely non-existent.

Armed with ultrasound, finger-stick blood screening, and a limited electrocardiograph provides enough information to give indications of problems where without screenings would never have any inkling of any medical problems. Many people do not see a doctor until a condition, or a disease has taken hold, and the symptoms are severe. Screenings can help individuals know that there is something going on before it gets too serious.

All of the results that are derived from the Lifeline screenings are made available to the person’s personal physician so that they can be evaluated so a recommended treatment can be initiated. The value of treating a condition early on is such that lives are saved where they would not be otherwise.