Stocks/investment for a 17 year old? |
| I am 17 and want to put about $250 into something and not mess with it for about 10 years and hopefully make a profit....would stocks? (if so which ones are good right now?) or something else be good ... |
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How much money do I need to start investing in stocks? |
| How much do I need to invest to offset taxes and commision?... |
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Do you believe this is just the beginning? |
| NEW YORK (Jan. 22) - Wall Street struggled to steady itself Tuesday, climbing back from an early plunge after the Federal Reserve cut interest rates to restore stability to a faltering U.S. economy. T... |
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If I have $1K what is the best way to invest it? |
| I have one thousand dollars I want to invest, what should I do with it??? Should I do stocks or high yield savings or Cd's or whatever else. I thought about putting it in some radical stock, ... |
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I'm 23 and i don't know where to start investing? |
| I'm 23 in the military and i'll be deploying at some point so my salary will be tax free and i want to do something with it. I don't have any debt, but only have about 500$ saved ... |
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Which is the best way to invest Rs 10000? |
make sure if u can mention the rate,time in which money grows , and how to proceed???????
(any 2 options)... |
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How to learn abt share markets? |
| wat they speak in news i really cant understand can any body tel abt tat? is tat fig shld b increasing or decreasing ? even in school no one is explaining me properly............. |
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Stock Options as an income source? |
| Is it possible to use stock options to create a source of secondary income?... |
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30,000 to invest? |
| Now I am ready, I have 30k to invest. My 401 and roth ira are maxed so I was thinking maybe a couple Vanguard or Fidelity funds. Any good suggestions??? I have about 20 yrs to retirement and ... |
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Penny stocks question... is it just too risky? |
| I see some stocks such as HTOG and IWWI, and they look, though really risky, like one could profit tremendously on them. I mean in two days you could double your money if you invested at the right ... |
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Where can I invest my money in to earn the most interest? |
I'm in the middle of a lawsuit right now & want to know the best way to earn the most interest on the money I may be awarded.
Also is there a way to live off the interest of about $40,00... |
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What should I invest my £1000 on? |
| Saved up for a few birthdays and have now got £1000. What's the best thing to invest on to make alot more money.... |
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duartja | Financial Advice for younger person? |
what would be the best financial for a younger person in school and a so far solid job who has limited funds but wants to make it big in the financial world (millionaire) stocks, bonds, annuities ????????????// |
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BigBen
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do:
1.save money
2.spend time and effort to acquire investing knowledge
3.when confident and enough fund, develop financial goal
4.seek appropriate investment vehicle (i myslef prefer stock)
5.start searching investment opportunities (timing and price)
don't:
1.be too greedy (little bit is fine actually)
2.invest without financial goals in place
3.invest just because you have enough money
4.forget to do research before putting any money |
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redwine
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buy a stock mutual fund to start. Vanguard has plenty of low cost index funds. Contribute monthly into the account and you're well on your way. BTW, you'll need several million by the time you're ready to retire, and that will be just for gas. |
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bizzbagg
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a comination of all 3. but mostly stocks. stocks will give the best return over the long haul.
happy investing |
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michael_w_anderson
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Stocks have a lot of risk attached to them, bonds are safer but, ROI is less than stocks. Annuties are for people that have money saved and want to distribute a portion of it later on. You should start saving now by contributing to your job's 401K program at least the percentage that the company matches. Wealth is not acquired overnight unless you happen to fall into it. Chances of that are slim. But, if you start saving now, through compound interest, your money will grow over time. If your company does not have a 401K, open a Roth IRA with someone like Fidelity Investments or similar. I like their equity income mutual fund for parking my money. Start reading Ben Stein and other financial advisors. |
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Mesocyclone
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Growth Stocks. |
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yip r
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all about financial
http://www.mybuny.com/myarticle/categories/Financial/ |
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Uncle Dud
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My first advice is to learn. The website below has a lot of plain speaking information. |
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Alex G
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I suppose you dont have much money yet. Try to invest into mutual funds or ETFs.
To invest in stocks and do well, you need far more knowledge and atleast $50,000 as a starting point.
On the other hand, a mutual fund will let you open an account with $100 and monthly contribution of $50. While you are in school or university, in 10 years can give you $10,000 if you make contributions like those and with average 8% annual rate.
You can read more here:
http://fundszine.com/13-investing-in-mutual-funds-the-advantages/
http://fundszine.com/15-investing-in-mutual-funds-the-advantages-part-2/
http://fundszine.com/62-buying-a-fund-questions-to-ask/
http://fundszine.com/38-got-few-thousand-bucks-time-to-invest/
http://fundszine.com/25-save-money-by-saving-environment-and-invest-them/ |
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Bryan F
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The first thing you need to do is put money into savings. You should have 3-6 months of income saved before you put money into other investments.
Then, sit down and look at what your goals are. You're young, so risk is not much of an issue. Generally, you'll want to put 80-90% of your money into stocks, with the rest in mutual fund and bonds. That distribution (with a wide range of stocks and bonds) will generally give you an average growth of about 11% per year. That is the historic growth rate.
Annuities are stable, but do not generally grow that well. They are typically what you will convert your investments into someday down the road when you are at the point where you are living off of your investments. |
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ii_love_dtc
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I would say the best advice for a younger person would be to save and in all things that you do.. be smart before spending money. You want Millions and alot more you have to first be smart, because when you are smart with you ways in making money --no one can ever take that from you. And you will always know the key to MAKING YOUR MONEY! [[$$$$$$]]
good lucK! && pray on it. |
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John W
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Save. |
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