Might astrology be useful for investing in the stock, futures, or forex market as a self-fulfilling prophecy? |
Please note, that I do NOT believe in the validity of astrology
itself.
Nonetheless, human beings are superstitious beings and
every year that goes by, not only does "New Age M... |
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Good books about investing? |
| I want to invest some money in stocks, but I know very little about the stock market. Does anyone know of any good books that I could read that would help me to learn about investing ?... |
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Help please, is correct answer B or D? |
It is easier for a partnership to borrow money and to hold good employees that sole proprietorships because?
a - the more limited access to a partner's personal funds make the ... |
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Planning to invest in DSPML TIGER Reg or ICICI Pru infrastructure G mutual fund through SIP. Is it a good one? |
| Planning to invest in DSPML TIGER Reg or ICICI Pru infrastructure (G) mutual fund through SIP for 3 years. Is it a good one.which one is better?... |
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What did you do with your mutual fund investments ? |
| Did you sell them or you are holding on to them ?... |
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Is buying a condo/apartment a good investment? |
My husband desperately wants to buy a home because its such a great time to purchase property. He feels that renting is wasting money.
Right now cant quite qualify for enough money to ... |
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I recently bought some bonds , and now want to cash them in cause i need the money.? |
| If i take them to a bank, will get get what i paid for them. Most were purchased for $500 and mature in 30 years being 1,000. Can i expect to get $500 dollars back for them? Or am i unable to cash ... |
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Explain short selling? |
I read about it on wikipedia but..i just dont get it.
how would someone benefit from short selling by buying from someone and then selling at lower price and then buying it back? A... |
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What mutual fund would you suggest is the best bet to invest in these days, anyone have an idea? |
| there are 7,000 mutual funds offerings that a person can invest in, problem is, how does one know which fund is best to invest in. they all seem to look good. anyone out there been through this and ... |
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Which companies can survive a US recession? |
| If US goes into recession, then which are the companies that will not be at risk because majority of their revenue comes from outside the US? I'm trying to check for stock buying opportunity for ... |
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Investing for children? |
| What would be some good stocks to invest for a child that they would hold onto till they reach middle age ?... |
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Have you ever bought a top-performing stock? |
| Ok, totally ignorant about stocks here...but just curious. From time to time i browse the business section of the paper and find that some stocks (if you put $1000 in them for a week) would have ... |
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Does anyone have experience in Forex market? |
| I've been hearing a lot about it, and am wondering if it's possible to realize the returns that have been touted? Any suggestions on how to get started? I understand there is a larger ... |
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Destin F | Can U.S citizens invest in the Federal Reserve? |
I heard that the federal reserve is owned by other people in other countires ,is there a way people can invest in the Federal reserve . |
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NGC6205
|
No, stock ownership of Federal Reserve district banks is restricted to national banks and certain state banks. Private individuals, corporations, and foreign governments are not allowed to own Federal Reserve stock. This is in accordance to law. Additionally, Federal Reserve stock is a little different than the stock of a corporation. Federal Reserve stock does not confer any rights of ownership to the holder beyond the par value of the stock. The stock does pay an annual 6% dividend, but that is about it. Member banks are required to subscribe to a specific amount of Federal Reserve stock. This amount is set by law and the member bank cannot subscribe to anymore or any less than the specified amount. National banks, are required to become members and state banks may become members of the system if they meet certain requirements.
EDIT: BTW, the law that governs the Federal Reserve is Title 12 U.S.C. Chapter 3. http://www.law.cornell.edu/uscode/html/uscode12/usc_sup_01_12_10_3.html
As an addendum, the law does allow for a private individual to hold a small amount of Federal Reserve stock. However, the individual would have to convince the Federal Reserve to sell it to them because the stock is not traded and I can almost guarantee they won't.
http://www.law.cornell.edu/uscode/html/uscode12/usc_sec_12_00000283----000-.html |
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Charles W
 |
The federal reserve is not owned by anyone.
It is a federal department, like the FBI, TSA, CIA.
It is federally funded and regulated, you can't invest in it.
It is not a private bank. |
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dm_dragons
 |
No. The Federal Reserve only does business with member banks and other countries' central banks. |
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fed up
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"The only thing Federal about the Federal Reserve is it's name."
it is private not a government institution like the CIA |
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Ranto
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You heard wrong.
US citizens do invest in the Federal Reserve -- with our taxes.
Perhaps what others meant is that foreign investors are buying a lot of US bonds. |
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stock_sniffer
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Yes - but only indirectly by investing in a publicly traded company that is a stockholder in the privately held corporation. I believe Bank of New York is one of them. |
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piet lul
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they own the fed reserve. |
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