 Get rich quick schemes!!! Do they work??? |
What has been your experience????
There are so many so who to trust, if any???
Should you pay??
Ideas and tips welcome.... |
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 Investments help now please? |
| i have never had alot of money all my life but came into £15,000 and was persuaded too invest it by my bank ,for 5 years , so far because of the fees they have taken , and a loss in the market , i ... |
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 What do you think of the FOREX trading platform? |
| I've only had experience with the MarketAxess Fixed-Income trading platform, but am interested in setting up a demo account with FOREX. Any thoughts?... |
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 How much money can i make a month investing 20,000 inr in share market ? |
| how much money can i make a month investing 20,000 inr in share market ?and in which companies do i invest?... |
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 Favorite online stock broker? |
| What is your favorite online stock brokerage? I know there are many, many choices; ETRADE, Charles Schwab, Scottrade, Gorilla Trade, etc. etc. Which, from your experience, do you like and why?... |
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 Experienced People Only: Investing? |
| I am looking to purchase stocks soon. However, I know NOTHING whatsoever about the stock market and how it works. Before I read a few books, is there any core information one NEEDS to know?... |
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 How does stock work, and where do i begin? |
| im very young, and still in high school. So im living off my parents, i work 2 jobs, i have money to play with. And im looking to kind of.. set up a good source of $$ for the next few years. What ... |
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 Federal reserve? |
why does the federal reserve focus primarily on controlling commercial bank lending as opposed to other financial intermediaries lending?
Additional Details
yeah..i know it's tough..... |
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 Are we officially in RECESSION now? |
| after today's disappointing job report?... |
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 Is The U.S. Dollar loosing Value? |
| If so then should'nt all the rich people be concerned about this. since This President has been in office and this war and all. and The fare trade agreement that allowed all the jobs to go ... |
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 Does anyone understand day trading? |
| If anybody has ever read any of my posts on real estate, I consider myself a fairly savvy real estate investor. However, I have heard about and want to learn about day trading in stocks. I have an ... |
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Kevin | How would you invest $33,000? It must be very low risk and available in 3 years for withdrawal without penalty |
I am advising a treasurer of a non-profit organization that has received $33,000 to invest. The money is in the name of the non-profit and sitting in a money market account at the local bank earning about 3.9% interest. The account is "owned" by the non-profit and is associated with their Employer ID Number (EIN). It cannot be put into personal accounts, IRA's, etc. for this reason.
Where would you suggest we put this money in order to earn the best return on it? It cannot be invested in anything where there is a risk of loss due to the organization's charter and a decision made by the board. I was thinking perhaps a CD would be a good idea, but with the rate at 5.5% at the bank where it is held, I don't know if that's the best use of the money. The money must be available for complete withdrawal and use in 3 to 3 and one half years. Ideas? |
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chris_in_columbia
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I would advise one of the following:
1) Long-term CD - you will get a rate around 5.5%.
2) Short-term CD - not locked in long-term, and if the rate goes higher, you can take advantage of the higher rate. The danger is if the interest rate drops, then you will be stuck with a lower rate.
3) Preferred stock - many companies, in addition to common stock, also have preferred stock. The stock does not have any voting rights, but does pay a dividend. Some companies pay very well on these dividends. You can check around and see if you can get anything better than 5.5%.
4) Municipal bonds - these are bonds that might fund a particular project in your area, such as building roads, schools, or a public swimming pool. These are tax-free, however. I'm not too familiar with non-profits, but if they don't pay taxes, then I would not recommend municipal bonds. They are better for individuals and companies that normally pay high tax rates. The danger is that the project gets mismanaged and you have difficulty recovering the principal, although that is somewhat rare...but I figure you should know the risks.
Do NOT buy corporate bonds because while they could pay a higher interest rate, there is a possibility of declining principal that could offset the interest rate.
If you absolutely must not lose money under any circumstances, I would advise them to start with short-term CD's (3-6 months) and reinvest the money each time upon maturity. If the Fed starts thinking about lowering interest rates, then move the CD's to a longer term after the next 3-6 month maturity. So they would need to keep an eye on what the Fed does, but maybe they think that's too risky. If 5.5% is great for them, then just go with the longer term right off the bat. |
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?
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The first thing is that you don't want to lose any money and you only have 3 yrs. So Their is only a money market fund or a bank CD . Vanguard has The prime Money Market Fund it is about 5.10% with very low to no risk and your Bank CD with no risk. These are your only choice's right now. Anything else has risk and you don't want that. |
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causalitist
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3 years? stocks are a no no,
bottom line, stocks are a bad idea, with only 3 years trying to get more than %5-%6 is going to be risky.. if you had longer i'd say stocks, but it would be foolish.
a 3 year cd seems appropriate for your time horizon.
or
simply a high yeild savings account... i really like:
https://www.emigrantdirect.com/EmigrantDirectWeb/index.jsp
5.05% interest.. no fees or minimums of any kind.
but i'd go with the CD if you can get more than 5.05% |
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Ross K
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Municipal or Corporate bonds with rates higher than CDs. |
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sis79
 |
If it had to be low risk then I would have to invest it in an online savings account compounded monthly at least 4.5% or more.
Another way is short term Certificate of Deposits. CD laddering may be the best way to get high yields and sufficient access to your cash. CD laddering is your best option for a savings portfolio that will deliver both interest income and available cash. |
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Big Bully
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I'm not a tax guy, but it seems that on my CD's, I am subjected to taxes. Is a non profit organization also have to report any income that they receieve from money earned on these CD's that is not donated? |
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Papa John
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Not sure why you are advising them, and you need to ask us. The CD route is risk free. But buy short term CD's, so when rates go up, you won't be locked in for long at a lower rate. |
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Ted Jordan
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i like the stock CZN
it stays relatively level and pays 7.5% dividends |
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