 What should i do with 40 dollars? |
| me and my friend found 40 dollars, what should we do with it?... |
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 Do flea markets sell fake gold? |
| I am talking about the ones that have the little shops on the weekends that sell and buy. My reason asking is I found this one little shop at the flea market. I asked the guy if he had any 14k gold ... |
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 Does anyone know of an online stock broker in England for under 18's? |
| I know that under 18's can trade stock, but I can't find an online stock broker for under 18's.... |
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 why does our country say casino gambling is bad but investing in stock market is good? |
| it's both gambling, but the gambling bankers get bailed out, why don't casinos get bailed out as much as banks ... |
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 Share value of lic market plus? |
| From where i know that the currrent market value of lic share which i invested in dec 2007 in the market plus policy?... |
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 Stocks: ETF, which gives greater return bt SSO and UPRO with same amt of $$$ to invest? |
SSO = 2X SP500
UPRO = 3X SP500
but SSO is only $36.24
UPRO is $136.78
For one share of UPRO, you can buy 3.77 shares of SSO?
Meaning for $136.78 investment money, you can ... |
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 just a quick question about buying and selling stocks? |
first things first, i don't know the first thing about the stock market.
ok my question is this. can a very rich person for example buy 100,000 shares of stock at $50 per share ... |
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 when is gm stock supposed to come back on line? |
| does anyone know when the general motors stock supposed to come back online. and i possible what price they will be coming back online ... |
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 Is there a name for this option strategy? |
| There's all kinds of options strategies and different names for them. I have been buying calls on a stock at a strike of $17.50 and selling puts at strike of$15.00. Is there a name for buying ... |
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 Question about shorting stocks? |
| Let's say you have 300k in your account, and you decide to short 50k of a stock, with the other 250k remaining cash in your account. My question is: Is there a time limit that you will have to ... |
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 I am earning 50000 INR per month how to save? |
| I am earning 50000 INR per month how to save? What save strategy should I adopt and what investment should I do?... |
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 Is it good to invest in mutual fund right now? |
| Is it good to invest in mutual fund right now?... |
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 Can being assigned while doing a call vertical option spread make you more money than just a regular spread.? |
| Generally speaking I hear on the boards a fear of being assigned when you play options. When I analyzed my vertical spread I came to the conclusion it might be a good thing but wasn't sure if ... |
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 whats the best way to buy copper for investment purposes? |
| I have been looking into copper bullion in the form of 16oz bars on ebay. I worry about drill and fill. I know buying silver and gold in small coins and bars the chances of drill and fill are less ... |
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Nyx | Do you have to invest for retirement or can you just save? |
Do you have to invest for your retirement, or can you just save up your money in a savings account without investing? I don't want to lose money by investing and saving in a saving's account just seems safer, any advice? |
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tom4bucs
 |
Hmmmmm - tough call
my savings account yields 1% per year
my investments (Forex trading) made 10% last month (MONTH)
what do you think?
all the best |
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Hoa N
|
Saving in your saving account is not save. INFLATION will eat your saving up. So saving for retirement involves SAVING+INVESTING.
Meaning using INVESTMENT tools to enhence your SAVING.
Meanwhile, you should learn how to investment work so you make the right decisions most of the time. READ Fundamental Analysis, Technical Analysis, Sentiment Analysis, and Seasonal Cycles. |
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Pat
|
You have to ask yourself "Why can I not stand ANY risk?"
If you truly cannot withstand any risk, then there must be a major purchase on the horizon, say 0 to 1 year from now.
If you do NOT have a major purchase, then I recommend answering the question "How many YEARS can I withstand sustaining a loss on my investment before getting it back if a major event occurs?" ...like the crash of 2008. In other words, "When will I need my money?"
Answers:
6 month - 1 year loss (or, I need my money in less than 10 years): 75% GICs and bonds, 25% dividend paying big USA company stocks, focusing in consumables and consumer goods (like Proctor & Gamble, ADM, and GE)
1 year- 2 years (or, I need my money in less than 20 years, but more than 10): 50% GICs and bonds, 25% dividend paying big USA company stocks, 25% small and mid cap companies
2 - 3 years (or, I got more than 20 years until I need that money): 25% GICs and bonds, 25% dividend paying big USA company stocks, 35% small and mid cap companies, and the rest in international stock |
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Mr. Prefect
 |
It's okay to put some of your money in that whopping 1% savings account, but if you actually want to get anywhere upon retirement, then you need to take chances while still young. You need to place money into an IRA, which is tax deductable or deferred depending on which type you choose. Tax deductable means you do not pay taxes on the interest or capital gains, and get to keep more of the money instead of giving it to Uncle Sam.
You do realize that even in a 1% sccount, you are still paying taxes on that little bit, thus meaning you are actually getting less than 1%. You might as well keep the money in your mattress.
By keeping cash in a savings account, you are basically losing money. |
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Rinkydink
 |
Saving is a form of investing but not a very good one. There are conservative investments that are much better than a conventional savings account. Take a look at mutual funds, bonds and a portion of your assets could be in CD's. |
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"A"
|
You can do whatever you want. You will, however, be losing money to inflation if you only have a savings account, CDs, and fixed annuities.
. . . plus you don't get any tax benefit now, or then.
Do a mix if you feel safer.
I suggest doing a T Rowe Price targeted retirement account. They manage the account based on how close you are to retirement. The closer you are, the safer the investments. You can truly "set it and forget it". Don't even look at it until you retire. You can start a fund with 50/month or 1,000 lump sum.
The people who got hammered were people right at retirement still trying to get a large return, but even then, they have gotten most of that money back.
In the end, though, it's all about what YOU feel comfortable with. If after doing some research you would still feel your heart in your gut for the rest of your life if you had your money anywhere other than a savings account . . . then just go with a savings account. Living in fear is no good, enjoy your life.
EDIT:
And to the previous guy -- bonds and mutual funds can and do lose money. For absolute safety, if she is 100% risk adverse, then savings, CDs, and fixed annuities are the only way to go. |
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jeff410
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Savings accounts pay pretty low interest its taxable and subject to inflation. If you are eligible for a 401k through an employer and/or an IRA you would be able to save and or invest tax-free, at least until you take it out. Even if you arent eligible for a tax sheltered retirement account, if you have a long enough time horizon to invest and if you invested in mutual funds, for example, and added to it periodically you most likely have quite a bit more than if you put it in a savings account. Unless you absolutely need the money in the short term. You should have about six months worth of living expenses in a savings account or CD in case of emergencies. |
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