 I'm due to inherit from my father $400,000 worth of stock.If I invest this in mutual funds/Bonds? |
| I'm due to inherit $ 400,000 worth of stock.If I invest this with a investment bank in mutual funds and Bonds how much yearly income can I potentially earn a year.I work as a Registered Nurse so ... |
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 No 401(k) match at work... how should I invest? |
| I am starting a new job and getting paid pretty well... I am young (below 30) and want to buy a house in the next few years (probably 2-3). I know NOTHING about investing money and was wondering ... |
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 Is it a safe investment for a first time buyer to buy an old house? |
| we are lookin in to buying our first home and we are fixated on a older house built in the 1920's, we are not the handiest people, maybe we can learn, but is it hard to fix up a old home?... |
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 Best way to invest £35,000 in the UK? |
| Any idea what the best thing is to put this money into? Am interested in property but already have a mortgage and house and at the moment don't think i'd be given any more debt to lever ... |
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 I have a 1000 dollars. So, how can I make more money and invest. Give me ideas? |
| Okay I have a 1000 dollars and I would like to invest. So, give me some ideas on how to make more MONEY. Ex. small ads in the newspaper, craigslist or something....help me ... |
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 The Forex Trading Tips I Must Know Before Trading The Forex Market? |
| I will like to know the most important forex tips as a beginner must know first before trading the forex market.... |
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 How do I invest in a stock with a low cost online broker? |
Please tell me how much a month/per trade and how to get started. Thanks!
Additional Details
Yes also please give me tips I might find useful in starting to invest. I have Ben doing ... |
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 What is a MUTUAL FUND? How I can invest in a mutual fund..? |
| I Live in INDIA and I am not a accounts student. I want to know what is a MUTUAL FUNDS and how It helps to earn money please help me by giving all the possible details..... |
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 Would you sell a stock that ran up 50% in a short time or hang onto it if you felt it had a bit more in it? |
| I'm tempted to sell then wait for it to come down. If it doesn't 50% ain't bad they way I see it. SOLF is a good example.... |
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 I want to invest in something but need advice.? |
| What kind of investing strategy should i take on? I don't have alot of money but i would like to start somewhere. Would it be okay to go to a stock broker company and let them handle it? What ... |
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| Is the stock market open on Christmas Eve? |
| I'm sure it's not open on Christmas Day, (correct me if I'm wrong), but is it open Christmas Eve?... |
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 Is it worth buying to let a property? |
I am interested in buying a proprty to let in the Gravesend Kent area, or Swansea.
Are there any pitfalls I should be aware of.... |
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Mack H | I am 18 and have some extra money and I want to invest. Should I get IRA (Independent Retirement Account)? |
Would It be a good idea and how much would I have later in life if I put some in each time? |
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Rabbit
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Definitely an IRA, but which one? Whether a Roth or traditional IRA depends on whether you want to be taxed on your contribution now (Roth) or later (traditional).
A self-administered IRA at some brokerage is not for everyone, so you might want to opt for a good IRA package at a mutual fund. However, there are scads of no-load (sales charge) mutual funds so you don't need to pay extra unless you are distinctly interested in some unique thing this or that fund is doing. I've added a link to a mutual fund scoreboard by Businessweek, Morningstar is another, but you only get the good stuff there if you pay extra to do so. Forbes has some superb information on various available mutual funds, but while their basic info is usually free, they often sponsor reports or ads for funds that have sales loads (which, in turn, are paying Forbes to promote it).
Banks and Credit Unions are easy places to start an IRA, but you are roped into to some often-abysmally low interest rates. You often can do better by simply buying (because you are young) savings bonds (link below for that too).
Be patient, and don't get greedy, over your working lifetime, your IRA will undoubtedly grow to a sizeable sum just by adding simple, regular contributions. Make sure it is long-term investment money, so don't confuse this with a common savings or investment account because getting your money out early without following very specific rules will bite you. |
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boud104
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Save it in bank for now, Whenever you get a fulltime job you can have a certain amount taken out of ur check, to put in a IRA. I'm almost 21, past 3 years I was glad i put that money in the bank. alot of things happen when you go to college or move out from ur rents. its sweet to have a back up plan |
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Dylan S
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The ROTH would be a great idea because they only tax u the 1st time u put money in the account. Within 15 years u could have alot of spending money. |
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Kevin S
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Individual Retirement Account. Yes, it would be a good idea. The general formula for gains are P*(int rate / infla rate)^x. If you want to calculate how much after subsequent deposits, there are literally dozens and dozens of IRA calculators all over the web. The stock market average is a 10% gain per year (although inflation adjusted is slightly less) as opposed to inflation merely depreciating your assets, or inferior bank account returns only acting as a protectant from inflation and not earning money. IRAs are tax-sheltered, so you do not even have to pay income taxes on them (except either upon withdrawal or standard before withdrawal). Since you are only 18 and likely not paying high income taxes, a Roth IRA will probably suit you best. I turned 18 last month, and my Roth IRA will be funded in the next month. Good luck, and feel free to email me with any questions. |
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piet lul
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everyone should have a IRA. |
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lsdial2000
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YES, a roth IRA for you!
invest ina large growth fund such as American funds Investment company of america(AIVSX) add the max to the IRA each year, other than that forget you have it till you retire at 75 years old.
you will be platinum by then |
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svshrks73
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yes, you probably will not see anything from the government. SO starting an IRA even 401k is a great idea at your age. Especially if you don't have kids. It will add up just don't touch it once you do this they will tax you. Get someone to look over everything and recommend the best place to invest it. |
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Help my head's stuck!
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I'd get a Roth IRA. There's less tax and fees if and when you need to make withdrawals from it. |
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David in Madison
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Yes. If you earned money, you can invest up to the total amount of your earnings if you want, up to $4000.00 each year. Don't do the simple IRA however. You will want a ROTH IRA. Buy a mutual fund through a no load company like Vanguard or Fidelity. The power of interest bearing accounts to grow tax free is amazing. You can add each year, and literally have a fully tax free retirement account.
I wish I'd started when I was 18 or 19 instead of waiting until I was near 40 to plan for retirement. Even a little money at first will add up in a hurry.
GOOD FOR YOU!
To find out how fast your money will add up, go to these firms and look through their material. |
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callmejohn
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dont save it - blow it all on boos and fast women - lol |
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