 Anybody has tried trading currencies on forex?what website is best/safest/secure? |
| hi guys, m looking forward to try luck in trading currencies....wud like to hve feedback of ur xperiences..... |
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 I have $1,500, what is the best way to invest it? |
| I know its not much but I want to try to invest it in something?... |
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 Why don't teens invest their money? |
| I am 14 and recently I have been talking to a financial advisor about investing money and I am wondering if 2000 dollars now can turn into millions when I am older why don't kids invest their ... |
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 Another newbie with 10k needs your investing help!!? |
I am looking to invest 10k. now, and $300-$400 monthly.
I have enough put away to live on for at least 1 Yr.
I have been doing alot of reading on investing(investing for dummies) and ... |
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 IRA Contribution? |
| If one does not have available capital to contribute to a Traditional IRA(or Roth IRA) would it be wise to obtain that money from a Home Equity Loan??... |
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 I would like to start investing money for my children in the future, how would I do this? |
| I am 23 years old, single, and I have 2 children. I work a good job, however, I don't have that much money to invest, but I would like for my children to have a better future than I did. Any ... |
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 I'm 31, where/how should I invest my money? |
| I'm 31 years old, single, no kids, I make $85K a year. I currently have $130K in a savings account but only $20K in stocks and I contribute the max to my Roth IRA. At my age should I have a ... |
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 How long will take me to be a millionaire? |
no trust funds
just hard work and lucky charm
Additional Details
''cry'' thank you
i am allready in the green house
and i got half the road walked ;)... |
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 Your best stock picks under $10? |
| lets see who you think is worth an investment for short or long term and why?... |
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 When will you have your first one million US dollars? What is your target age? |
I want to know... are you going to do it? Self-made one million US dollars?
How old do you think you will be to achieve this goal?
For me, I hope by 35 I could get my one million US ... |
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 Should i now buy shares of bear stearns (BSC)? |
| we all know that bear stearns drop about 50% on friday and might drop some more again on monday. so is this a good time to buy abuot 100 shares? i am think why not we know that bear stearns will be ... |
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 A good website for stock prices? |
| What is a good website where I can look at stock prices? I don't want to open up an account, I just need to know the current stock prices at this point.... |
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 Whats the best way to invest your money? |
| I have some extra cash and am looking to invest into something. Don't really know what to do since I'm still young, any ideas of what I can/should do?... |
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marcdabomb123 | Can teens do real estate investing? |
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 |
 
stocker
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If by teens, you mean under 18, then the answer is maybe.
In all cases, you would have to have one parent register ownership for you under either the Uniform Gifts to Minors Act (UGMA) or the Uniform Transfer to Minors Act (UTMA). You would probably have to pay all cash for the real estate since a bank or mortgage company won't lend money to a minor. Any lease agreements would have to be signed by a parent.
Another alternative is to invest in a real estate stock or REIT. They would still have to be bought with a UGMA or UTMA. |
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what?
 |
Umm, maybe a lemonaide stand, but that's probably it because nobody wants to trust kids with their finances.
Possibly REITs, but other than that it'll be a longshot. |
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tkquestion
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No, because you have to be at an age of majority to sign legal papers. If minor signs any paper, it holds no value as by definition, minor lacks proper judgement to enter into a legal contract. |
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CHEV
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yes the sure can. try www.jicinvestments.com they have information on how to get started in real estate no money down for only $15.00 and it really works. |
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Frank Castle
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Yes. (Angelina Jolie's Son already has millions of dollars in real estate property and he is 5)
Top 4 Answerer in Business & Finance. (Vote for me) |
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rhymingron
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No |
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michaelsgdec
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Certainly; you will need to determine the resources, knowledge and experience you have, then form a plan by examining how to get from your current situation to the desired situation. Figure out how much parental support you need, make sure your plan is feasible, then execute! |
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rcb26
 |
Are you talking about buying physical property? or investing in real estate through brokerage houses? If you have an account with a Fidelity, T Rowe Price or Vanguard, you can purchase mutual funds that invest in real estate.
If you want to purchase physical property, if you have enough $$ I don't think there would be a problem, but you may have a problem if you need to get a mortgage, unless you can prove you are credit worthy--a tough trick for a teen. |
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Virginia V
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Do they have the money? |
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