Category Archives: Uncategorized

Bruce Bent II: the Brilliant Mind behind Money Market Funds

Money market funds have become one of the most popular ways of saving money, and for good reasons. First off, they provide higher returns than bank deposits yet the level of risk involved is believed to be just as low as the risk involved in bank deposits. However, the returns they provide are relatively low compared to more risky investments such as stocks and long-term debt. The risk inherent in money market funds is low because the funds are highly liquid as the securities invested mature in a few months.

The securities invested include short-term bonds, such as treasury bills, repurchase agreements, and commercial paper among others. Both individuals and corporations can have money market fund shares, and these can be purchased through brokerage firms, mutual funds, and even banks. Bruce Bent II is the brilliant mind that invented the first money market fund in the world in 1970.

Money market funds ensure that investors receive, at the very least, the amount of money they invested. This prevents them from losing their money. Money market funds are now used all over the world.

Anyone seeking higher returns on their savings without taking on too much risk should consider purchasing money market fund shares. For more than 4 decades they have been in use, they have proven to be one of the safest investments an investor can make.

About Bruce Bent II

Bruce Bent II is a successful businessman based in the U.S. His father was the founder of the first money market fund called the Reserve Fund. Bruce Bent II has a in-depth knowledge and experience with money market funds from his father and his financial career.

Bent II attended Northeastern University where he graduated with his Bachelor’s ┬ádegree in Philosophy. He followed his father into the financial sector where he has become quite successful. He currently is the Vice Chairman and President of Double Rock Corporation. He has help many companies with creative solutions.

Bruce Bent II has surely made a great contributions to the global finance industry.

 

For more information follow Bruce Bent II on LinkedIn and Twitter.

NuoDB and It’s Elasticity Scalable Database

NuoDb offers an exciting technology that allows servers to better communicate within the cloud. How does it accomplish this? NuoDb has a patented technology that uses peer to peer messaging in order to communicate the correct information with corresponding nodes. Doing so allows servers to run more fast and efficiently without any sharding. This technology was created by Jim Starkey and is available via NuoDB. Many large companies rely on the NuoDb technology to harmoniously operate within the cloud. Such companies are Dassault Systemes, Kodiak, the UAE Exchange and Alfa Systems. The patented technology is filed under the name “elasticity scalable cloud database”.

NuoDb was founded in Massachusetts and was originally operating under the name NimbusDB. This name was obviously later changed. Over the years through many rounds of funding the company has accumulated over sixty million dollars in funding. One such investment was from venture capital. The company was recognized in 2014 with the award of one of Boston’s Business Journals “Innovative All Stars”.

The SQL database is often referred to as NewSQL. This technology makes integrating new servers seamless with peer to peer communication. The database elects tasks to the correct processors and accurately distributes tasks to the nodes.

Kim Dao Shows Her Korean Fashion Purchases

Popular Youtuber Kim Dao posted a video showing the fashion haul she achieved on a trip to Korea. This included both clothes and accessories that she garnered on the trip. Kim Dao starts out the video modeling some of the clothes and jewelry she got on the trip as well as describing them.

The first look that Kim Dao features includes a choker that includes a golden heart. She is modeling her new fashionable clothing at an outdoor location in Japan, which she has been living in for a few years. She also talks about the black shoes she is wearing, which she actually got from her sister.

After changing clothes, Kim Dao shows off a simple top she got which is a pattern of pink and white lines. She bought it because it goes great with a number of different outfits and looks she has. This outfoot also includes a black skirt. She had seen a Korean girl wearing this outfit during her trip to Korea, and Kim Dao loved it so much she decided to purchase the same clothing.

The next clothing that Kim Dao models is a darker dress and features high heel shoes which she got in her native Australia. She says she plans to wear the dress in Autumn and for Christmas as it’s formal and classy looking. Her final outfit includes a choker with a pearl on it, and a bright white shirt that has black lines. To complete the outfit, she is wearing a pair of jeans.

 

Follow Kim Dao on Twitter @kimdaoblog.