Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Investing
Finance Discussion Forum

 I want to know about intraday trading, can i earn money by this and how, from where i can get better knowledge
intraday trading is the trading in which we can buy or sell shares in the same day, so i want to know that how i can get proper knowledge so that i can earn more money easily, and also tell me about ...


 How to start investing in stock? what are the basics?
...


 How much do you think this is worth?
I have set myself 100 projects to be completed within a year. Do you think I can do it? Your views - please!


http://www.sponsormytale...


 Great books about investing and the stock market?
Which books would you recommend for a beginning investor interested in the stock market? I've already read The Motley Fool's Investment Guide For Teens, One Up on Wall Street, and I ...


 America is it still a financial powerhouse?
1.00 United States Dollar = 0.81 European Union E...


 Whens a good time to start investing?
And/or saving up for retirement?...


 Has your college education been a good investment.?
College is not cheap, is it worth the cash if you have to pay for it yourself....


 How does interest rates effect share prices.?
...


 I have exactly 12,000 USD to invest?
Well actually 10 because the other 2 I have to put aside for daily living. What can I do to make back profit within 1 month with this amount ? From personal experience I know how to make back some ...


 What is the best stock to buy for 2007?
...


 Books or websites that help out beginners in the stock market?
I'm looking for serious and non-spam recommendations for websites or books that can help out beginners who want to trade stocks online and get the basic information of what they need to do.
...


 What is a bond?
...


 Should Isell all my stocks since th market is tanking?
...


 Best place to invest $100K?
...


 Which share is best to buy presently for a short period of time.......?
...


 What should I do regarding my 401K?
I believe my company, Monarch Industries, has a 401k plan set up for their employees with Fidelity. I want as much growth as possible, but I don't want to an extreme amount of risk with my ...


 What is the best investment stradergy?
in the share market, cause i cant trust ne one from the net except people lol so tell me please, or give me links to good ...


 How do you start to become an INVESTOR?
what are the things that you need to know to become an investor?...


 Who are the people on the stock market trading floor - what are they doing - what are those hand signals?
I see these people yelling at someone up on a balcony somewhere, yelling into a phone, making funny hand signals to someone - there are bunches of people there - I just wonder how the whole thing ...


 What stocks will you invest in this year?
You can say an industry like energy or a specific one you have in ...



Mark
22 year old looking to start retirement fund?
I'm going to be 22 years old soon, and I have about $5,000 available that I want to put in a retirement fund. I'm thinking a Roth IRA will be the best choice because I am in college right now (studying engineering) and I expect to be in a high tax bracket when I retire.

If you were in my position, which company and which of their plans would you go with, and why? Alternatively, would there be any other plans besides a Roth IRA that you would recommend?
                     
 




Melody S
Rating
An award winning study showed that 91.5% of your return comes from proper asset allocation. So the company doesn't matter that much. The important thing is finding someone you can work with that you trust and developing a good investment strategy. The ROTH IRA is a GREAT choice. I think that everyone that qualifies for them should have one. At your age you are in fantastic shape. If you develope a sound investment strategy and follow it you will retire very happy. Just don't fall into the trap of chasing returns because that usually ruins everything. Stay disciplined and in the end you will be glad you did.


PraiseBob
Rating
Firstly, good for you on starting early. Had I begun at 22 I would be retired by now.

The Roth IRA is a good plan. As far as brokerages, for my IRA I use Fidelity and have been pretty darned happy with them.


Thomas O
Rating
I would open a Vanguard Roth IRA account and divide the money between two index funds, 80% total market and 20% international. Vanguard index funds have very low expenses. By definition half of all mutual funds have below-average performance, so going with a low-cost index fund is a reasonable choice.

I'm sure some benefit from working with a financial advisor, but I think it's just another expense that can be avoided. Allocate some time to educate yourself.

I wish Roth IRA had been available when I was your age.


digdowndeepnseattle
Mark...Roth or regular IRA would be fine. Only benefit between one and the other is the deductibility of it now versus later...if you don't need the deduction then put it in a ROTH....if you do need the deduction the put it in an IRA. But, either way you'll need to have the income to support it. You didn't say if you're working somewhere or going to school full time...if you aren't employed then neither option will work out for you.


kewl69charger
Rating
i dont know which one is the best but talk to your local banks or financial advisors, and kudos on having the sense to start such an important move so soon,, most dont think of such things until later in life,, and i hope u pass that good sense onto your children maybe they can start even sooner,, wish you the best of luck


madbaldscotsman
Rating
Janus Fund is the best.


akablueeye
Good for you thinking ahead..not many your age even think about such matters.

My best advice is to seriously consider a financial advisor to get you started...yes it costs to hire one but sometimes you have to spend money to make money.

He/She will guide you to the way you should go...you wouldnt have to keep him on forever..just intial guidance till you're firmly planted.


Wally
When I was in your position, I spent the money on pizza and beer.

Looking back, anything would have been better than that. Put the maximum in an IRA and after that there are investment products available from firms like Fidelity, Citibank, etc.


House M.D.
I concur. Go with Janus.


Jay S
Rating
You obviously have done a little research and i think you are on the right path. Invest the money into a Roth IRA. Just do more research of financial companies, meet with some of them and see what they have to offer. Never settle with a company until you bring home all the pros and cons of each company and review them. Then make your decision. Good luck!


Atreyu
Rating
Never too old to start a retirement plan. Retirement is one of those things people just don't plan for. It might sound harsh to a lot of people, but my investment advisor told me to save for my retirement instead of my child's prepaid college fund. He said that retirement is much more expensive. Hope this helps, but I'm still paying into the college fund for my child.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy