I have $4000 in an ing savings account and three CD's ($1000 each = $3000 total). Should I do anything right now since the dollar is getting weaker and feds are going to be cutting rates next ...
I would need to be able to open it with a small amount of money and we would be making small contributions at first. Any suggestions. I really don't know anything about this whole process yet, ...
I would like to start investing and i have no experience, I was going to put about 300 a month away to save up for a bike but i realized i need to invest that money into my familys future can anyone ...
I want to find a good stock at a low price that is going to go up for the next few years......Yeah I should have bought google but I don't have the money for that one now....
My grandaughter will be hatched just before Christmas. I'd like to invest some money for her for later in her life. I'm not really up on finance. Any ideas? Thank you....
A friend advised me against the stock market saying it was a waste of time. Is this true or was my friend just jealous of my interest in stocks? Maybe its the market?? What do u think?...
ill throw down $50k if it goes that low! WE'll Be RICH, RICH I TELLS YA!
Elvis Pressley Here
no go for it and get rich in black gold
bow8810
it wont hit 20
Nick Z
Buying is only half of the trade. You also need to know when to sell. And you also need to have some plan for the possibility that oil would keep going down after you buy.
If you look at historical oil prices. Then you will know that oil prices sometimes stay within a narrow trading range for a long time. And if this kind of thing happens after you buy. Then you might have to wait a long time to make a profit.
yabba dabba doo
$20 a barrel? it will never go that low OPEC would just lower output to increase demand again.
bobby99z
No but you might want to spend a little less but a good profit
Eddy T
Yes you may be caught with its EFT shares.
Mean Mr Mustard
NO, I think you're a digestive biscuit.
bill1234321
no that's stupid...but call options...less risk more reward.
OIL is unlike many other commodities, it was in bubble status because it was speculated on so so so much mostly because of Bush's foreign policy which allowed speculators to blow up the thesis of no supply and drive prices up.
Be careful with oil...instead you can get the same upside of oil with only maybe $4000 risk if you use call options.
Good luck
Artie
well mr smarty pants, for your information it will never go to $20.00 a barrel. so I hope you have time like about the time the human race no longer uses the stuff. Because something else has replaced it and then if you did just what you say you would be an even bigger mince meat pie than you are now.....