Universal Journal of Accounting and Finance Vol. 3(1), pp. 21 - 25
DOI: 10.13189/ujaf.2015.030104
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The Accumulation of Capital, by Investing in Mutual Funds


Adamova Karine *
Department of Financial Markets and Financial Engineering, Financial University, Russia

ABSTRACT

Each of us during their working life should create a reserve of funds needed to ensure a secure and carefree old age in the future. The last 20 years, with independence, the citizens of the countries of the former USSR did accumulation of funds in various ways, but in most cases this led not to their growth, but mainly to the loss, while in the leading foreign countries, nationals of their savings not only ensure a decent life in old age, but made a huge contribution to the prosperity of their country in General. What is the accumulation? As we understand this concept, and as I see it abroad? The answers to these and many other questions do not lie only in their understanding, but in the psychological aspects invested in person at the time of its formation in the early years of life.

KEYWORDS
Savings, Mutual Funds, IMF, World Bank, Money Resources, Bank Deposit, Foreign Exchange and Stock Markets, Operations on Financial Markets

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Adamova Karine , "The Accumulation of Capital, by Investing in Mutual Funds," Universal Journal of Accounting and Finance, Vol. 3, No. 1, pp. 21 - 25, 2015. DOI: 10.13189/ujaf.2015.030104.

(b). APA Format:
Adamova Karine , (2015). The Accumulation of Capital, by Investing in Mutual Funds. Universal Journal of Accounting and Finance, 3(1), 21 - 25. DOI: 10.13189/ujaf.2015.030104.