 Im looking for help with investing my money? |
| I have a few questions about investing my money and would like someone with experience to maybe give me some advice and share your opinions on where to start. i was looking into etrade or something ... |
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 How to become financially independent by the time Im 35? |
| Im in my early 20's and make good money. What should I do to become financially independent in 10 yrs??... |
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 I want to learn about the stock market.? |
| I am willing to invest $30 in the stock market. I want to turn it into $250 (doesn't matter if it takes a while). Any tips or advice you can give me would be appreciated. I am trying to ... |
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 When wall street goes down how does that effect us? |
| its been on the news and Im a bit worried for America.... |
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 In the financial jungle which are the best options for investments? |
To add value for savings and for retirement - Mutual funds, directly stock market, ULIP, PPF, Bank FD, NSC, LIC, Infrastructure bonds.
Kindly comment taking all the above instruments in ... |
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 What investment is right for me? |
What investment is right for me?
I am a sinle, 18 year old college student who saves around $2,000 to $4,500 per year. Current income is about $15,000 with not college tuition to pay. I dont ... |
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 Does anyone know a website that show stock trends? |
| I'm looking for a wesite that is aways showing new trendy stocks to buy or there are great rummors on the stocks. If possible free information not the pay ... |
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 How many stocks should I carry in my portfolio? |
| I am looking to invest long-term (20+ years) and this is my first time buying stocks. I have a medium to high risk tolerance. I will be initially investing $2500. The goal is growth for retirement ... |
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 Who, if anyone, will buy Yahoo! by the end of 2008? |
Microsoft is gone for now and the market is less than hot,
Will Icahn ever step upto the plate or just stir the pot?... |
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 Am i kicking butt or what? |
my picks since trying my new strategy ended in these results
gains of,
89.66%.....last thursday
12.5%.......last friday
5.56%,17.83%....yesterday
20.00%,3.65%....today!... |
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 Isnt gasoline cheap at $3 per gallon? |
| figure it out -- if one barrel of crude oil @ $72 yields 20 gallons of gasoline? thats only $60 a barrel! that means the oil cos would be losing money. gas should be well over $5... |
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 Is $500 enough to get me into the stock market? |
What type of shares could I get and is $500 enough to buy the minimum shares required?
Additional Details
I live in Australia. Does this change anything?... |
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 Steps for a young adult planning on investing? |
| Hey guys, I'm 19 years old and am planning on investing $1,000 into the stock market. The hardest part about this is: Where do I begin? Are there any sites where I can open a portfolio free of ... |
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 Maximum amount of money for certificates of deposits? |
| I have recently came into a lot of money and wanted to invest it well for the future. I know banks have a minimum of how much you need to invest in a certificate of deposit but do they have a maximum?... |
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 Why don't stock markets allow trading 24/7? |
| In other words, why does the stock market close at certain times during the day/night? Why doesn't it just run 24/7? I have some theories but lets hear what Yahoo Answers can provide.... |
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 401k Question? |
| I'm 27 years old. Several of my friends are just a few years older and have almost $100,000 in their 401k's by now... I have a little over a quarter of that in mine (around 25K)... I take 10... |
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romans7_n_8 | $400 a month to invest (young family)? |
I'm a 26 year old Married man living in Oklahoma. I only make about 25-29 K a year but wife (21 yeard old) will be a teacher soon and that will more than double to where we will be making 55K a year or so. Right now we are rent free. We live in a family owned house and I found a job where I work an hour a week and I'm making $110 extra a week. I don't have that figured into the budget but it's a guaranteed income for at least 10 more years. I'm very very new to investing. Should I invest in Oil one way or another or should I invest in a retirement fund.
Please help! Thanks! |
 |
 
Me
 |
Investing in a commodity like oil is very risky compared to investing for retirement. If you invest in oil, be sure to make that only a fraction of your overall investment portfolio. There's many theories and strategies to investing. You can take or leave those as you see fitting but the main thing is that you stay diversified which means to spread your money into different things like stocks, bonds, and oil. That way, if stocks plummet, maybe your oil will go up and the loss won't be as bad. It's risk management.
Does your job offer a retirement investment package like a 401k? If yours doesn't, your wifes probably will since she's working for a school. Take full advantage of a job's 401k offering. They will usually match what you put in up to a certain % or $ amount. If they offer to match say $200 a month, make sure you put $200 into the fund to take full advantage of your employers offer. That's a 100% return with almost no risk!
If neither of your employers offer a 401k, you can invest for retirement on your own with a ROTH IRA. There is no age limit on this and it's not difficult to do once you get started.
It's very wise for you to begin saving for retirement at the age you are. MOST people don't start till later so you have a significant advantage. To learn more about investing go to http://www.fool.com
It's a great website for beginning investors. http://www.investopedia.com is also a good web site. |
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Mark W
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First set yourself up a Money Market Account (either at a Bank, Credit Union or through a Mutual Fund) that will allow fairly easy access to your money (like having a checkbook for it), and save up to two months' combined pay in it. That will be your emergency money, and only for an emergency.
Next determine your Near Term (6 months to a year) goals, Mid Term (1-5 year goals) and Long Term (usually 10 years to Retirement) goals. Figure out how much you will need for each and when you want them. Divide that by the number of months to get there and start saving the appropriate amount. What you invest in is your choice. The longer term goal, the riskier I recommend the investment (Stocks and Stock-Funds for retirement, CD's for Near Term). The closer you get to the date/year, the safer you want that investment to be.
Also, research Tax Exempted and Tax Deferred investments. Don't just start investing. Just as you wouldn't fix your own Ferrari or build a Mansion with your own two hands, hire a professional. Ask them how they get paid. Some will sell you a certain family of funds because they will get monthly kickbacks form YOUR money with nothing up front, others will get the check you write that day, and nothing more. Some may get both. |
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Charm Brown
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First of all good for you. I would sugest you pay all your debts and live debt free and never buy credit because the interest you earn will never be greater than the interest you pay so thats like hustling backwards. You should always fund the investments where you get a match like your 401k where the employer matches some of your investment thats free money. Roth IRA are tax deffered and tax free if you don't touch them untill retirement so have that automatically taken out your check (before tax= more free money). You should also have a 20 yr or 30yr term which will cover you untill your kids leave home and your retired and debt free ( insurance is meant to protect you from loosing income should the inevitable happens. once youre financially free you dont need it). Never invest in a whole life product which promises savings but is really atrick to get your money and make you pay more interest ( buy term and invest the difference, this way you dont borrow your own money). Rember always pay cash, never hold debt ( you want to earn interest not pay it), keep an emergency fund ( for real emergencys only), invest for retirement, live within your means and try to pay off your mortgage as fast as possible and when you do in vest that money like you were still paying your mortage. You guys are on the right track. Congradulations! |
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amglo1
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Look at the long term, consider an IRA or a Roth IRA. Go to a site like Motley Fool and see what the differences are. |
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Michael C
 |
Buy a safe and start buying gold and silver coins. Buying silver bars is your best bet right now. Buy silver right now for around $12/oz and watch the spot price rise. Silver is money and it easily converted back to cash when needed. It is private and not taxable. Also watch gold spot prices, when it gets below $560 or $570 then buy, buy, buy!!!. You should have some gold Eagles and the new gold Buffalos. |
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Nightrider
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26 and 21 are good age to get started with investments. You are on the right track.
I will make it very simple and easy for you.
Put away the $400/month diligently in a Exchange Traded Funds - you will be surprised what happens in 10 years. (that is the target you have set yourself, right?)
Another to look at is DRIP - Dividend Re-Investment Plans.
Even if you do not invest anything further into that after 10 years, that money will grow to close to $1,000,000 by the time you are 65. This nest egg will sustain for your future. This is the secret of compounding.
Just be disciplined enough to not to touch this money, no matter what.
I wish many young people think like you.!!
You can thank me later. |
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nandi n
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Please open a on- line account at http://www.tinyurl.com/eplss and fund your account to start investing on line in shares @viewing the position and always go by the expert suggestion only . |
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urbanbulldogge
 |
If you are new to investing, stay away from Oil.
While there is nothing wrong with it, you probably do not have the knowledge to make investments in individual stocks. also, sector funds (a type of mutual fund) carry a much higher risk than a regulat mutual fund.
i woulds suggest investing it in a Roth IRA, you and your wife can both open one. you can do this at any brokerage firm. The benifits of this are that your returns will grow tax free and can be withdrawn tax free after retirement (age 65). The funds in an IRA can be invested in almost any instrument (except futures and commodities like oil).
The brokerage would be more than happy to go over different investment options with you and recommend various mutial funds.
Also, by contributing a fixed monthly amount you eliminate much of the risk associated with timing.
If you are interested in oil, you can invest in a sector fund or individdual companies with an IRA, but I would not recommend putting all your funds into one basket - REMEMBER, always deversify your portfolio |
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