Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Investing
Finance Discussion Forum

 I would like to clean up my credit report. Would you recommend trying to pay all old debt or going bankrupt.?
...


 I have found a 'penny stock' I'd like to buy. Can I just send the company a check?
I know how to invest if you have an account with a broker, but I do not have an account. And considering the low cost of these stocks, I do not want to pay a brokers fee....


 If you have $200,000, what is the best way to invest it, both, safely and at least with a 10% return.?
i want to know if there's any kind of sound investment with a good return, are there any banks that pay a higher interest rate depending on the amount of dollars you invest?
i will be ...


 Where is the best place to start an investment with $50 for my 17 year old?
...


 What are the best stocks to buy for under 10 dollars per share?
I'm new to trading stocks and am looking to start small and build my "bankroll."...


 Can i become rich trading forex at home?
...


 Is the "buy and hold" investing method a good one?
It seems that in the long run, stock prices don't really increase a lot because of all the ups and downs.

At what point do you sell your stocK? A ten percent return?...


 Is day trading a myth or is it possible?
I also wanted to know if their were any legit books out there that teach what to look for when investing in stock I dont want a book that promises alot of ridiculous things....


 Mutual funds going down the drain, help!?
AIVSX, AMECX, CAIBX. I have these, they are all suffering badly, as I am sure all or most are.
Any advice?...


 I have $100/month. Where can I get 13% return/month SAFELY?
Investing is prefered, but selling something is ok too....


 Do you know anyone who's a millionare?
...


 What is the probability of stock market going up from today thru next 365 days?
...


 Do you make money in the stock market?
how much do you make and what is your strategy....


 O.k. don't laugh at me, this is serious!?
Almost 10 years ago, as a High School graduation present to myself, I took $500.00 of my savings and invested in the stock market.
Heres' the deal though, I dont remember where I put it!
...


 Why do people invest in the Stock Market?
What is the reason why people invest in the stock market?

Specific details or a website would be fine too.

Thanks....


 In Jamaica is the US money wroth more?
If i have a thousand in the US and went to Jamaica would my money worth alot more? I wont to know would I be rich in Jamaica with hundred or five dollar?...


 How does a company benefit by paying a dividend on its stock?
Why should it pay me 10 cents a share just because I own some stock? I don't get it....


 Can u suggest a good share trading site with good advice on investments?
...


 What is the best investment to beat inflation?
...


 Verify my long stock investment strategy for $100K?
I have $100K to invest in the market (it's my retirement pensioin), I'm 46 yrs old.
1)Thinking NO mutual funds
2) Diversify between:
-Banks (financial) say ticker "TD.T...



Justin W
Do any IRA accounts allow individual stock purchases with the flexibility of a day trader?
I am looking to open an IRA account where I am able to select individual stocks to invest my money in. I also want the flexibility to buy and sell as I please in short or long time spands. Are there any companies that offer this type of investment tool?
                     
 




Third Son of Marianne
Rating
Absolutely. Mine's up 12% so far year-to-date. Flip them stocks. No SHORT TERM or LONG TERM Capital Gains!


Quixotic
Yes, a self-directed IRA with a brokerage can do that.

But day trading in your retirement accounts is a monumentally bad idea.


muncie birder
Yes. Open an account with a stock broker. Mine are with T D Ameritrade. You can buy and sell what you please when you please. E Trade, Fidelity, and Scottrade also offer you that option.

I believe that there is an account minimum of $25,000 for day trading however. It is not a IRA requirement. It is a SEC requirement.


cho
Rating
( Well, mine is up more than 50% YTD, keep my fingers crossed though it is a risky business)

Bring this question to your future broker, you'll get the best answer from them (pan intended) With TD if you are an active trader with more than 30 trades per quarter, you get a low commission of $9.99 per trade and a direct 'hot' line 24/7. Mine is answered right after the first ring. Where you can get such a service. You think they like me? You bet they do. I am their milk cow, ha-ha.


Emory P
I use Scottrade. The IRS will allow you to contirbute 4,000 tax deductable dollar per year.


charlotte q
Just do not forget that everytime you take money out you must pay the tax and possible penalty.


try smith barney in el segundo california


LongArm
Rating
Everyone is overlooking one very important detail: IRAs are cash accounts and it's virtually impossible to daytrade in a cash account without 1) violating the free riding rule, and 2) being deemed a pattern daytrader and being forced to maintain a minimum of $25k in a margin account.

The free riding rule prohibits selling a stock that you haven't paid for yet. For example, say you use all your capital to buy XYZ on Monday, then sell it later on Monday. You can go ahead and buy ABC on Tuesday, but if you then sell it on Tuesday, you are in violation of the free riding rule. You're not allowed to sell ABC until Thursday because that's when your Monday XYZ trade settles. IOW, with cash accounts you need to obey the 3-day settlement rule, and that makes daytrading very difficult.

The only way to daytrade with complete freedom is to open a non-IRA margin account with a minimum of $25k.


SuzeY
Rating
I think all of the big brokerage companies will allow you to trade freely within an IRA, but the question is why would you want to? If you're going to do heavy trading, your retirement account isn't the place where you want to gamble. On the other hand, if you just simply want to self-direct your IRA, you are allowed to buy individual stocks.

Just a thought, though-keep your tax situation in mind. True, anything that happens within an IRA isn't taxable, but if you start getting losses in there, they're not deductible, either. My feeling on this is that you should put your biggest tax implication investments into IRAs-bonds, cds, TIPS, etc.-into the IRA, and let your more efficient investments be outside of the IRA.


osinamunatum
yes however, you can't buy on margin or take the money out of the ira without being penalized


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.064
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy