When you and someone else are walking towards each other in an attempt to pass each other. You move to one side to pass them; they move to the same side to pass you. You move to the other side so you can escape the situation; they try to do the same thing. You are roadblocks of each other until one of you decides to stop and let the other walk by. Regardless of any ill will by either participant, the incident can be really, really annoying.
Me and Stan's mutual roadblock lasted for twelve seconds. Then we each thought the other was being an asshole. We worked it out, though.
by Tez, a man April 4, 2010
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Typically a Mutual Fund is an investment fund aimed at individual investors sponsored by an investment (or "mutual fund") house like Fidelity, Vanguard or T. Rowe Price. Each fund holds a "market basket" of stocks or bonds and individual investors buy into the fund by buying a share at "Net Asset Value," which is the total worth of the fund's holdings, calculated every day, divided by the number of shares outstanding. In other words, a mutual fund whose portfolio (value of all holdings) is worth a million dollars that has a hundred thousand shares outstanding will value those shares at ten dollars apiece. A typical stock-based mutual fund can earn its investors money in three ways: the dividends and capital gains that stocks pay out, and possible appreciation of the fund value per share.
For an individual investor, the advantage of owning a mutual fund is that s/he achieves diversity -- mutual funds own more than fifty stocks, on average -- that could not be achieved by buying a typical hundred shares of stock in only a few corporations. The disadvantages of such funds are that the "load" (sales commission) involved in buying or selling such funds can be considerable, and all funds incur some sort of service fees; that's how the investment house earns its money. Also, no "equity" or stock-based investment is guaranteed.
For an individual investor, the advantage of owning a mutual fund is that s/he achieves diversity -- mutual funds own more than fifty stocks, on average -- that could not be achieved by buying a typical hundred shares of stock in only a few corporations. The disadvantages of such funds are that the "load" (sales commission) involved in buying or selling such funds can be considerable, and all funds incur some sort of service fees; that's how the investment house earns its money. Also, no "equity" or stock-based investment is guaranteed.
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"My broker wants me to buy shares in something called an "open-end fund" but I don't know what that means."
"That's just a way to describe the majority of mutual funds, which remain open to all new investors who have the money to invest in them."
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"My broker wants me to buy shares in something called an "open-end fund" but I don't know what that means."
"That's just a way to describe the majority of mutual funds, which remain open to all new investors who have the money to invest in them."
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by al-in-chgo March 25, 2010
Get the Mutual Fund mug.When you and stalk someone and they stalk you at the same time. It is a mutual understanding that you both are doing this and can be done with or without acknowledgement
Friend: How do you know that person and why are you stalking them
Me: It is zebra, I have never had a conversation with them but we are mutually stalking each other
Me: It is zebra, I have never had a conversation with them but we are mutually stalking each other
by Stalking101 February 6, 2019
Get the Mutually stalking mug.We were both working on our papers but then she started chatting with me on Facebook and it was mutually assured distraction after that.
by Big South February 22, 2010
Get the Mutually Assured Distraction mug.Normally heard in the context of `mutually assured destruction`; when something is mutually assured, it is guaranteed to happen to both parties involved. This phrase is normally linked to discussions involving nuclear weapons, where `mutually assured destruction` means that we are all guaranteed to die.
Hindsight is always 20-20
But looking back it's still a bit fuzzy
Speak of mutually assured destruction?
Nice story...tell it to Reader's Digest!
- Megadeth, _Sweating Bullets_
But looking back it's still a bit fuzzy
Speak of mutually assured destruction?
Nice story...tell it to Reader's Digest!
- Megadeth, _Sweating Bullets_
by Wingchild September 13, 2003
Get the mutually assured mug.when you fist pump in one motion. Not bending the wrist and elbow but keeping ur arm in an L shape and moving it side to side. This can also be described as a "soft fistpump"
guy 1- "Dude we were mutual fistpumping so hardcore at the club last night."guy 2- "Dude thats legit."
by vapanther October 6, 2010
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