IRA ... What if the dollar is worthless when it comes time to retire? |
| I know that companies like TRowePrice invest heavily overseas, would my IRA leave me holding a lot of paper dollars and the company walk away with the goods? Or seeing as those funds would be foreign ... |
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What is the best method to invest online? |
| I am a resident Indian and wish to invest in share market [both long term and short term ] and mutual funds online.What is the best way to do it.Also tell me how can I get online expert advise for ... |
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If you had £100,000 to spend, in what way would you maximise the return on your investment? |
| Interested on various ideas, especially those using a medium-risk strategy. Thanks a lot!... |
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Is 1 dollar like 1 yen? |
| in that i can spend 1 dollar for a soda here and 1 yen for a soda there?... |
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How do I learn to invest in the stock market? |
| I just started watching mad money, don't understand it at all really. I would love to learn how to invest and be able to make a few extra bucks, but don't know anything about the stock ... |
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Is day trading this easy? |
| I have been paper trading and I have consistently been making between 12% to 25% profit everyday trading stocks usually priced below 1$. Is there any reason to believe I wont be as successful when ... |
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Investing money. Should I buy gold or art? |
| I don't want to put it in a bank (US$235,000). I need some liquidity so no land at this stage. Should I buy gold jewellary or art. I live in Japan and there is some wonderful art for sale here. S... |
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Is it possible to double my money in one month doing currency trading? |
I can do it using a demo account, but can live accounts be handled the same way as demo accounts, or are there any hidden tricks? Additional Details well, currencies are very predictable ... |
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In mutual fund investing, does the investor have a choice of specifying his area of preffered investments ? |
| I am planning to invest Rs 50,000 for the next 5 yrs in mutual funds of a corporate house. I want 40 % of my investments to be put in construction, 30% in steel, 20% in cement & 10 % in chemicals.... |
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How can I invest $1000 and get back $1500 in a month? |
| Any good short-term investment strategies? How about Forex? stocks? Prosper?... |
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luvbug | How does my dad get started in the market? He's about to retire, so what will speed things up? |
That pretty much sums it up... |
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Benzo D
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Short answer: Luck and only luck.
If your Dad is about to retire and he's just now getting interested in investing, I would truthfully have to say that it's a matter of too little, too late. There is no way that someone with no market experience can step in and start making a fortune unless they are very, very, VERY lucky.
As far as putting his retirement nest egg in the market and getting a monthly income, that is possible and it depends on how much he's got to invest.
What he would have to do is place his money into some very reputable and strong dividend paying stocks and let the dividend portion pay him a quarterly divident that he can do with as he pleases. Of course, the higher the amount, the more shares he can buy and the better the dollar value of the income.
If he is looking to trade to make a living, I'd advise against it if he has no experience in the market.
People need to realize that the stock market is not just a toy that people can simply throw down a few bucks and take out a fortune. It doesn't work that way. The market is a VERY sophisticated machine that, if improperly used, will suck money out of your account like a vacuum cleaner can do to your wallet.
Your Dad should just get another job and work if he wants to make a guaranteed and significant income. The stock market is not a place to play around...you will wind up with a severe black eye.
Same goes for the Forex. If you don't know what you're doing, you'll just be flushing your money down the commode.
Essentially, it's too bad he didn't start a long time ago. |
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redsoxrule74
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If he hasn't started in vesting until now, it's hard to make up for lost time. People in this position tend to take on too much risk. Where his employer has a 401K, chances are they have professionals that offer free advice. That would be the best way for him to go. |
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Larry
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invest in Tax foreclosure |
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efflandt
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The time to learn about investing is long before retiring. I'll admit I am a late bloomer, but I decided a few years ago to start investing IRA money (that had been in CD's far too long) and started a Roth IRA, to learn how to invest my 401(k), which has limited choices now, when the time comes to retire in about 10 years.
I have gotten past the stomach churning stage coming out of significant dips. It takes awhile to start looking at dips as opportunities instead of panic. I have a mix of mutual funds, ETF's, and individual stocks, including some that pay dividends. |
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trailhiker08
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What market, the supermarket, the shoe market, the clothes market, the chicken market, the fish market, the health food market, the overseas market, that rent to own market, the newspaper market, the aerospace market, the rental equipment, the housing market....
That pretty much sums it up |
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Mogollon Dude
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With the market about to implode gold and silver in hand would be wise . |
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src50
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Sums what up? Speed what up? |
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Rick B
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He needs to invest in his 401(k) and max it out.
How is he going to retire if he has just started thinking about putting money away for it? |
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Formerly known as Frank Castle
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He needs to open a brokerage account. |
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