I am looking for very low commissions and hoping to find an online brokering firm where I can trade small amounts of stocks easily and without losing money to fees. Also, my starting balance is small ...
I have been talking with a professional forex trader and he says he has been trading for 25 years and he can manage an account for me that earns between 1-3% a day for around 20% a month. Can ...
Hi,
i'v never bought shares in my life and dont have any clue what share market is all about,i would like to invest in shares though,i'm looking to start with £500pounds and see how ...
apparently its some sort of strategy but does anyone know what it actually is? Additional Details i know the actual definition but apparently its also the name for doing something to try ...
I'm just wondering expecially lately when some company announce record surge on profit but yet the share price drop sharply? Why is that so? I'm from singapore....
Definitely, any money she earns may be contributed. Kudos on having a child so responsible already.
mks 7-15-02
She Is Very Smart
Frank Castle
Yes.
I suggest her to contribute her babysitting money into a 529 Plan (To send her to College)
eaglerock9
Yes, but good luck talking her into it.
livins4christ
Yes, and it is a very good idea. It is $250 dollars to start an account, but 25-50 dollars a month contribtion will add up to millions by the time she retires. When I retire I will have 2.89 million dollars in my Roth IRA. Very good idea I would do it!
richardyarnell
Sure, but at that age she might want to consider shorter term goals, like college expenses.
simply.garden
Yes, she can. There are certain limitations as to how much, though. She cannot contribute more than she earns (meaning, you cannot give her a gift and have her put it into her Roth IRA account).
Awesome question.
k_d_weaver
yes in a joint account so she can't touch it without your consent is given until she is old enough to keep it managed.