 I need info on saving money? |
| I am lke soo worried about going out into the "real world." u know like expenses, bills, taxes etc. (mostly money wise) can someone PLEASE give me some tips on saving money!?... |
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 Investment advice? |
| I went to see my investment counselor last night. (He also is my spiritual advisor and conducts my holistic healing sessions.) I live in Stockton right now and have about $10,000 to invest. My ... |
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 I have a $100 bill with a star next to it. Is it rare as to be a colletible? Should I save it or it no? |
| the $100 bill is in mint condition should I save this? or just deposit it the the bank? I was watching Fox business about this guy who collected currency and he was mentioned something about this but ... |
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 I want to learn wht are stock markets wht are shares ??? |
i hav no clue abt it so can anyone please suggest a gud site frm which i can learn
Additional Details
i don even knw wht shares ... |
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 What are the chances that stock in a company will drop to $0? |
| I bought a stock at nearly its 52-week low. Right now it's just a bit above that 52-week low, so what are the chances that a company's stock loses complete value and get to $0? And if it ... |
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 What would have to happen in order for stock prices to rise again? |
| What would have to happen in order for stock prices to rise again?... |
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 Why is Yahoo stock only $28/share while Google's is $617? |
| How can the #1 seen site in the world have such a low price for their stocks?... |
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 How much does a stock cost and are there fees? |
| My dad recently tought me what a stock is and iI want to buy one from Sony but i dont know how much it is and would I have to pay Fees?... |
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 My company has not depositied my witheld 401K money for 2 months. What Can I do? |
| I work for a small company and I found out with a little investigation that all employee 401K funds witheld from our checks are being used to fund the company during a recent financial crisis. How ... |
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 How do you follow the stock market? |
| With so much information out there, its difficult to figure out what to read. What do you do each day to keep up to date with the market's activity?... |
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dianem | How can I begin investing while I'm young? |
I’m only 21 and would like to know the basics about beginning to invest money…I have no idea how to go about doing this and need advice. My tax money return will be pretty high compared to most people I know my age. What I get in return I would like to invest in some way instead of spending it like I 0sually would. Obviously I can’t invest in property, but what other options do I have? |
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babygirl
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Investing while you're young is brilliant. Not too many young people think of it and time is really on your side. I have a friend who started investing in RRSP's when she turned 19. She put in $1000 a year and she will be totally set for life when she is older. Try some RRSP, go to your bank and talk to them there. |
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d10
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1. prepare yourself with knowledge.
2. business, financial market, and internet |
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MuzzledOyster
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Start with your personal banker...get one if you don't have one already. At your age, you need a little more steady growth investments, at least until your own market value increases.
Interest rates aren't all that good right now, but CD's are still a safe bet. Invest the interest from the CD's in higher risk ventures. Look at your options for a Roth IRA.
Don't discount realty. You may be able to buy into some solid investments with other speculators, but I suggest a lawyer's guidance there.
Einstein said it best when asked what's the most powerful force in the world. His answer: Compound interest. |
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Mary Ann V
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Your first option should be to fund fully a retirement account. This is always a good investment regardless of who you are.
If you have done this, or you wish to wait on the retirement fund, then one of the best things you can do is open a DRIP Plan.
They are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
The best part is you get to choose from the best Blue Chip International Corporations in the world. You can have Toyota, General Electric, Royal Canadian Bank or McDonalds in your portfolio. Although there is always risk in stocks, these Blue Chip giants offer far less risk than most.
They are inexpensive to start and maintain, and your dividends are reinvested for free.
They are perfect for small investors, as well as big investors. They will allow you to sleep at night and not care about whether the market is going up or down.
Best of Luck |
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May Derrek
 |
Hello,
I also had a similair problem as you have.
I had a good amount of money, and wanted it to grow.
So I looked around on the internet to find something that is:
1) giving me great returns towards a relatively small risk
2) Professional people who know what they where doing with my money.
I'm glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support.
On this blog you can follow up all the results that he is making:
http://my-robottrader.blogspot.com/
My money is working for me, in a little over two months I already have a ROI of 59%.
So you don't hear me complaining!
Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com.
Then I'll give you the email adress of my moneymanager
Hope this has helped you! |
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src50
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Read "Investing For Dummies." It's an excellent starting point. Congratulations on recognizing the need to be "investing literate." |
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Jiggy Jon
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Research DRIP's. They are dividend reinvestment programs. You buy stock direcly from the company, ie (coca-cola). The shares are usually bougt at a discount which basically gives you an instant edge. Each quarter when the company pays a dividend (say .25 a share) that is used to buy more shares. The idea is that over time you may only start with 100 shares but over the course of 30-40 years from dividends and stock splits you will have thousands of shares. Kelloggs has a calculator on their website that lets you run a historical calculation to provide you with the sum total value of your original investment. IE you invest 3,000 dollars in Kelloggs in 1983 today that 3,000 is worth 70,000. So, how to you find what stocks pay good dividends? Below I've listed one of my sources as the Stanard an Poors list of dividend aristocrats. A dividend aristocrat as defined by S&P is a company that has increased their dividend (every year or quarter, not sure which) for the past 25 years. Best of luck! |
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bevrossg
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Go to daveramsey.com He is an expert on handling money. He has a good book called The Total Money Makeover. He suggests long term mutual funds for younger people like yourself. You can even call him on his radio show and ask...it's all on his website. |
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