How do you think I should invest? |
| Ive been saving money for a couple years (Im 19) and right now have a few thousand in CD's at an interest rate of 5.25%. I want to expand the areas Im investing in to include things like mutual ... |
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I have 10 thousand to invest and am not looking to get rich quick, or take a huge risk. Any suggestions? |
| I have virtually no bills, a house already paid off, no student loans, and am getting ready to head to Iraq or another tour. I wants to invest for a 12 month period and get a decent return.... |
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I just inherited $100,000, taxes paid, which is the best way to invest it? |
Additional Details I'm 29, own a house, self-employed, have some money invested for retirement.
Willing to invest for a long time no matter how high the risk.... |
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Is there a site that i can invest fake money that way i can learn and take chances without using real money? |
| Kinda of like playing partypoker but using the fake money pot..Where is there an investment site like this. That way i can get good practice??... |
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Can I trust fool.com? |
| The site says that it gives good advice on investments. I just want to know if that is real, I'm getting a little bit cautious after encountering freelotto.com. Thanks!... |
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What is a mutual fund? |
and how does it differ from stocks? Additional Details i have abt 15000 to ... |
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Am i too greedy or what??? |
| I recently bought into a company with $1000 and made about 42% on my investment in a matter of 2 months. Problem is i put a stop order in this morning and it went through and then shot up again. I ... |
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Im 13 years old my dad loaned me 100,000 dollars and said do what i will and i bought some stocks? |
| Do you think i bought some good stocks i bought one hundred of each did i go over the limit and did i buy good stocks the transacations havent gone through yet because the stock market is closed what ... |
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Bank error, should I return the $100? |
| The teller forgot to take $100 in cash during a bank deposit (Standard Chartered). Should i return the money to the bank or should i keep the money? Is it true they give me like 10,000 in reward like ... |
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Are penny stocks good investments? |
| I had a friend buy 2000 shares of penny stocks in a medical supply company and made a lot of money. Are penny stocks good?... |
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I have £1000 that I would like to invest? Any help? |
I am 15 and I had a little business that gave me £1000. Now I would like to invest this money into something worth while so I would like some advice on what to do?
I understand I won't be ... |
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Have $5000.US to speculate with. What stock shall I buy tomorrow? |
Additional Details Willing to roll the dice; looking for interesting ideas.... |
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jeebus | 401k question? |
I calculated on a website that if I contribute $15,000 a year to 401k and my employer matches some of it, I should have about 13-17 million in 40 years. Is this really true? I use a couple of oneline calcualtors. Additional Details If I contribute $10,000 it should be between 9-12million, is this right too? |
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bostonianinmo
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Depending upon the rate of return used and the amount of the employer match, yes that can be true. It's the power of compounding that does that for you.
Do bear in mind that in 40 years $10 million will not be worth what it is today, but it should still ensure a comfortable retirement. |
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Annie
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Find out what fees you are paying and factor that in. |
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digdowndeepnseattle
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Yes...but that's a purely hypothetical. Rare is the company that will match to that extent. Most will limit their match to 8% of your income or less. In addition, it's unlikely that you'll get 10-11% return on your investments. Certainly the market has performed that rate over time but if you pull out specific 40 year periods you'll see that it hasn't done that well and in some cases has actually performed quite poorly (in relation). |
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tndiehard
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I think thats a bit of a stretch. If you Pick a good set of Index Mutual Funds of Stocks Bonds and Foreign You would have Several Millions.
The big Danger is that you decide to muck around with your plan and outfigure yourself and poof there goes 500,000 do that a few times and you may be down to a paultry million or 2.
Start Early Pay attention to costs.
Invest in Passively Managed Mutual Funds
Stay the Course..
Good Luck Gerry |
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Simon Templar
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Well if everything goes good. !0% annually is not an easy feat. |
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megan1410
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It's only about $7M if you invest $15k at the beginning of each year for 40 yrs with a rate of 10% p.a. compounded annually. |
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T.J.
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True.
You maybe limited as to how much you can contribute in any one year. Ask you plan administrator. |
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trader
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It all depends on your employer's % match and what annual interest rate you are assuming. Considering only the $15K per year deposit at 6% APR, in 40 years you will have $2.32M. At 10% APR, you would have $6.64M. There are some higher risk funds available that have been producing 20-30% per year. So select your investments carefully. Do not place your 401K money into your company's stock fund.
Wish I had started earlier in 401Ks. Even if inflation eats into a 401K of $3.6M+, you will be glad that you made the life time sacrafice for retirement. |
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Hubris252
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Hate to be a bummer but your 401(k) could also become worthless, just ask anyone who worked at Enron. |
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Nvr2soon
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Based on the rate of return and compounding, it is very possible.
In 40 years if there are still Democrats in power you'll need every penny of it for taxes. |
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