 What would you do with an extra hundred dollars? |
I am a chronic gambler, I'm trying to find something better that I can do with a hundred dollars than blow it at the casino. Any help is greatly appreciated.
Additional Details
Ok I... |
|
 What is the best way to make money off of $30,000? |
| I currently have around $30,000 sitting in a money market at one of the bigger banks and it seems thats all it does. What are some good tools for getting this to grow without studying stocks,bonds,... |
|
 Minimum Risk Investments? |
| My Mum had a smallish amount to invest after dad died. She went to a financial advisor in Oct 2006. He told her to invest in a 5year term distribution fund which allowed her to use some of the ... |
|
 Saving up your money? |
| What are some good things for teenagers to save up their allowance for (except cell phones)... |
|
 How do you make money off stocks? |
i get the part about the dividents and all that but what if i bought a stock at 3.80 and it went up to 3.90 ddoes the company send me 10 cents for every stock i own how does this work?
A... |
|
 Im turing 18 in 3 weeks,and im recieving 350k of inherentince.My mom hired me an accountant last week and..? |
I dont trust her,my accountant/Finacial advisor.....She stalks me everday everwhere.Ever since we met i see her everywhere.School,Job,mall etc.
She calls my cell phone twice a day to just ... |
|
 Are there any investments that earn up to 30% interest annually? |
| I saw a mutual fund once that had a 30% return, but I didn't see what it consisted of......... |
|
| What stock would you buy with $10000.00?? |
| If you have $10000.00 right now to invest in today's market. What stock would you buy with max. ROI? or what else would you do with $10000.00???... |
|
 If E-Trade goes bankrupt, are my mutual funds there safe? |
If there is a run on E-Trade or E-Trade goes bankrupt, are my mutual funds in a brokerage account there safe?
Additional Details
Can E-Trade's creditors take mutual fund or stock ... |
|
 Is it investing if a girl pays me to marry me for US citizenship? |
I know there are people out there who would pay people who have citizenship in the US for a permanent residency by marrying them.
The price is about 35K for 3 years of marriage..
... |
|
 Is the stock market phony? |
| Everyday at 3:30pm it seems like the market turns upward almost like clockwork. No matter what the news - it doesn't matter. Experts say all kinds of funky explanations for this but this ... |
|
| Which stocks are better for a begginer, and why? |
| Starting to think of retirement goals, and have a strong interest in Stocks, need knowledgable info.... |
|
 What to invest in ...? |
| If you had a certain amount, let's say $30k - $40k, what would you invest in? Stocks, mutual funds? Property? What ... And no silly answers like "my bank out" or "be my sugga ... |
|
 Is right now a good time to invest in the stock market? |
| Given that our economy is in a recession and stocks are falling. . .is this the time to buy or would it be stupid to? I heard the Kennedies got all of their money from buying tons of cheap stock ... |
|
 What is the best way to invest $15,000? |
| How do I get my foot in the door with stocks and IRA's? I want to start a retirement fund; however, I don' know where to start!... |
|
 Arbitrage? |
| Is arbitrage simply the process of buying and selling securities? or am I totally off.... |
|
|  |
Michael A. | $700 Billion Bailout: Good or Bad? |
Is this going to end up being a good thing in the long term? Will stocks, companies and the housing market get better soon ("soon" as in within the next year or so)?
Also - do you think having a new president can effect the economy? |
 |
 
Loki
 |
Bad. The root cause of the problem has not been addressed - or even mentionned. The problem is the fractional reserve banking system, enacted by government in 1913, which allows banks to make loans with money they don't have in assets. This means that they create money every time they make a loan. They have been making loans to people who were unable to show they can repay.
This system affects the value of the currency (causes inflation) by putting money into circulation which is not backed by material wealth.
The government is bailing out banks with your money. It "borrows" money through the frb system (created money) which you eventually have to pay back. This causes more inflation and could lead to a collapse of the currency.
No failing business, no matter how important, should be bailed out by government. A failing business is a bad business and should not be kept in business. The banks are failing because they make use of the frb system, so they do not deserve to stay in business.
It doesn't matter which party is in power because they both support the Federal Reserve System (the system which allows fractional reserve banking). The system was created under the Democrats (Wilson). The Republicans supported the creation of such a system as far back as Lincoln (actually from the time the party started).
The FDIC insurance won't help because it does not really hold enough money to insure hodings of all the banks (it is just another government money creation arrangement)..
If you want to protect your savings from the dropping value (and possible collapse) of the currency, buy gold, which has intrinsic value and cnnot be devalued like paper money can. Take your money out of your bank if it looks like collapsing. Once it begins to, you will have to wait about 8 weeks to draw it out. You won't even be able to get a cashier's cheque without a similar wait.
Put you money into gold. If enough people do this, it may help the crisis or at least protect those people from it. Best to deposit it offshore in case the government cofiscates it during the collapse like Roosevelt did during the 1929 crash. Such people would be labelled "hoarders" and be blamed for adding to the crisis, but really it is the best thing for everybody to do, since it will effectively be putting your currency back on the gold standard, i.e. backed by real material value.
EDIT: The process of stronger banks buying out smaller banks with help from government "bail outs" will lead to increased monopoly of the banking industry. Also bad. |
|
justapaperbag
|
from what i understand, the bailout is a good thing. i'm no expert, however, our economy thrives on credit. if banks close - businesses cannot get credit. business pay salaries, buy supplies, etc based on credit and pay off the debt from the next coming profits. not many business keep a pile of cash on hand - which is why they borrow from the banks. banks close = businesses will close = layoffs = lost income etc.
to the person who said "why should i bail out millionaires?" the answer is because those "big businesses" are the ones who we get our money from. if they fail, it forms a domino effect which will effect lots of people in various ways: paycheck, company stock investments, etc.
in my opinion, it is TOO LATE to let this many businesses fail. too many people will be effected. allowing that many businesses to collapse will probably lead to another depression. |
|
dgxkeyboardist
 |
1.) It will ultimately be bad. It will take that much longer for the economy to recover and it will encourage continued risky, selfish behavior on the part of pathologically reckless and greedy corporate executives
2.) The NASDAQ has increased in value over the past 30 years regardless of what party or president has held the Oval Office. To give you a picture of just how dramatic that rise has been, in Dec 1979 the index was valued at 151.14; by Christmas eve of 1999 the index was valued at 4069.31. That is a mind boggling increase of just under 2600%. And with the notable exceptions of Y2K and the dot_com bubble which immediately followed, the trend has continued. Keep in mind that the 20 year period that I mentioned covers three presidential administrations; one Democratic and the other two Republican. What the stock market in particular and the economy in general place a premium on is stability. |
|
Michael G
 |
This will be a bad thing any way you look at it. These businesses need to fail as they have done bad business. Propping them up with tax payer money is akin to theft. The government is using money that they will illegially print then tax you to pay the bills.
A $700,000,000,000 increase in the defecit also means drastically increased inflation which will further plunge the dollar into it's grave. A weaker dollar and international confidence in the strength of our currency pays a big part into the prices of goods. The bailout would cause hard commodities to spike which will make the cost of every day goods such as FOOD and FUEL to increase even more in price. The bailout is good for big CEO's walking away with millions from failed businesses while American Tax Payers will see increased cost in their everyday lives and it will become even harder for us to cope. More people will have less money and the economy will slow even further. The bailout will only deepen the recession that we need to have.
The economy needs to take a down turn to adjust. Bad business needs to collapse to make way for better, smarter business.
Not to mention that the government buying private companies and propping up the powers of the tres secretary is a dangerous and scary precident which means ever expanding powers of government. Why give more power to the people who were a huge part of a problem in the first place?
Let bad business fail. DO NOT SUPPORT THE BAIL OUT!
If Obama is elected and much of the private sector is socialized, more tax payers, regardless of wealth, will see a decreased standard of living and the medical industry will go down hill as they will have no incentive to produce quality products, but only to collect from government and tax payers. If McCain is elected and keeps or expands the war, then we will be in just as much trouble. |
|
betmoneyonit
 |
It will put a floor under the housing market but the effect of letting people keep homes that they knowingly purchased without being able to afford it remains to be seen.
Yes, if Obama is elected the Country will go into depression. |
|
Tim
|
Well, they will have more money in these businesses and more value so yes. But the American dollar will go down in value.
A new president will affect the economy a lot because you have to see that all the new bills congress might pass have to go through the president and these bills may include tax bills, restrictions on certain things, and various other things.
One example being George Bush becoming our president. Bill Clinton built up a lot of money in surplus. George Bush spends it all even the money reserved for social security and puts our nation in extreme debt and depreciates the value of the American dollar. |
|
Sailon
|
It's a temporary High...that's all - simply throwing good money after bad/ never works. |
|
Roger O
|
Apparently no one has been minding the store and taxpayers have to pay for governments poor management. Bank should not be allowed to deal in wall street securities. Home owners should not make tax free home equity loans. No adjustable rate mortgages only fixed rate mortgages should be allowed. The banks have been operating fast and loose. Where have the government regulators been to protect the public. |
|
Eternal Optimist
|
My guess is this will help the country in the long run as the big investors will not go under, but will do little for the individuals losing there homes. I am an appraiser and have seen an increase in the foreclosure rate locally. Our area usually lags the rest of the country so it may be that the end is near. Also with this bailout, it is my opinion that interest rates will remain low or even get lower in the short term. This will help raise values and let qualified buyers purchase these homes.
In terms of will a president effect the economy, the answer is YES... Clinton ran under "Its the Economy Stupid" After 8 years of the Democrats we had a surplus and the economy was clicking well. Under the Republicans we have a HUGE DEFICIT and like his dad did to us, we are on the fringe of a recession ..... Seems we are far better off with the Democrats. |
|
velcropap
|
bad, why should i bail out millionaires?
not sure how but it will affect it. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 38 minutes(s) ago
| | | |
8 | 53 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 8 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
10 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
