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 What are the benefits of owning a home ?
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 Im 14 and im interested in buying stocks for Apple, but i dont know how to buy it on my computer?
Im 14 and im interested in buying stocks for Apple, but i dont know how to buy it on my computer or does anybody have any suggestions?plez!!...


 If you had $300,000 what would you invest it in?
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 How should I invest?
After cost, paying off debt and tax implications my partner and I will soon receive a windfall of £32K - This is a lot of money to us and we are going to try our best to keep our wish list to a ...


 Best idea for a 24 year old in regards to investing?
I want to start investing whats a good idea?...


 I'm poor, what can i do to change that.?
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 How can i get money now??
like, i want cash, but in a legitament way, not anything illegal!!...


 I am 18 years old and want to know how to invest my money, any suggestions?
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 Hi i was just wondering, what will make me a millionare, in 6 months.just genuine answers please.?
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 What is the best place to invest my money right now?
What is the best place to invest my money now so I will have a big return?...


 I don't work, I don't pay taxes, I live rent free in a council house, what shall I spend my benefits on?
I get disability - oooh, my back ;) - I have 4 kids, get a lot in benefits for them, I also get sickness benefit and unemployment, I haven't worked for 12 years so I can be with my kids as any ...


 What would you do?
they say it takes money to make money. So if you had a nice chunk of change, lets say 50k. What would you do with it?...


 I want to invest in stocks. I know nothing about the business but I really want to invest PLEASE HELP ME!?
Ok so I live in Washington, DC. A couple of months ago I so a informercial on TV. Basically it was about how easy it is to invest in stocks and the approach the guy was speaking about was a red light ...


 I've got a few thousand pounds,?
whats the best place to invest this,safe and secure,...


 Is forex trading a scam or real?
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 You just inherited/won $1 Billion. What do you do for the next 24 hours?
Thank You.L...


 What is 16% of 1200?
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 I have $20,000 to invest and I want to double it in a years time, any recm'dtion of how to go about doing it?
p/s: I know nuts about investment/tradings or anything related to it! I need genuine help here as I am jobless and am getting old......


 What are the top Five thing in order you would do if you were to win 250,000,000 ?
And this is after you pay you taxes and the money is in your bank accounts. and yes in your bank account you have 250,000,000....


 How much of my paycheck should i put toward retirement at age 22?
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Reginald
I am looking to invest, what should I do?
I (well my wife) just had a boy in September. I am selling my house and have made some equity on it. I want to take some of that money and invest it so that my boy will have some money to go to college. What is the best route that I should go?
The stock market scares me a little bit, I have thought about a CD but that is barely staying above inflation. I have also thought about variable life insurance. I have considered a Roth IRA, but I will want to take some of that money out to get him through college and whatever else comes up along the road.
I am leaning more towards variable life insurance, but if anyone has any advice I would love to hear it.
                     
 




Scottrade
Rating
Hi Paul

Congratulations on the new baby!

This seems like a question you are better off answering yourself. You're the only one who truly knows your financial situation and risk tolerance. However, if you decide to try investing you don't want to jump in blindly. Some important things to consider are; the reason you're investing (for short term enjoyment or long range goals such as college, a new home, or retirement), the risk associated with the various investments, and then choosing the investment, or mix of investments, that are right for you.

Once you feel comfortable and knowledgeable about investing your money on your own, you could consider a discount brokerage firm. Since I am a little bias, I would recommend Scottrade (only $500 deposit required). Although, there are several discount brokers out there to choose from.

You can compare the commissions/fees of several brokerage firms at: http://www.scottrade.com/online_broker_comparison/discount_brokerage_comparison.asp .

Best of luck to you, and your family.

Scottrade
www.Scottrade.com
1-800-619-7283


Joe
Rating
If you are saving for college expenses, you should take advantage of federal tax breaks aimed at families saving and paying for college. These include the following:

Qualified Tuition Programs (529 plans)—Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs.

Coverdell Education Savings Accounts— Earnings grow tax-deferred and distributions are tax-free when used for qualified post-secondary education costs. May also be withdrawn tax-free for primary and secondary school expenses.

You can read about these at
http://www.savingforcollege.com/

These plans can be placed in money markets, bonds, stocks, or a little bit of each. I would suggest a little bit of each. A stock index mutual fund will give you the most over the long run, if you can stomach the ups and downs.

I would not suggest variable life insurance. Kids don't need life insurance.

http://www.smartmoney.com/consumer/index.cfm?story=20031013
http://money.cnn.com/magazines/moneymag/moneymag_archive/2005/10/01/8277972/index.htm


sixmillionways
No risk, no gain. Play the market or buy cds.


Bob W
Invest in a broad stock market index mutual fund. Don't be frightened of it. You have 18 years until your son goes to college, so day-to-day ups and downs of the stock market mean nothing to you for the purposes of this savings goal. After 18 years, you will have earned market returns, historically about 10% annually - almost double what you'll get in CDs today.

18 years is plenty of time for the stock market to cycle various sectors and capitalizations in and out of favor. That's why I suggest a broad index fund. Perhaps something which tracks the Russell 1000 index (as opposed to the narrower S&P 500, say).

Also look into qualified deferred-tax savings plans such as the Coverdell Education Savings Account (ESA). The IRS web site is your friend: http://www.irs.gov/publications/p970/index.html


curmudgeon
Rating
stock market mutual fund. pick a 'name' brand. over the 18 years it will do better than anything else.


Jason K
get an education in investing first.


katshimoum
Rating
What a question!

I'm looking to invest also, and to be honest it is a very scary thought. I began a Roth IRA a few months ago... and I recently purchased property.

As far as plans go for your child, try looking into a 525 plan. With IRAs you can put them under your child's name and it'll be specifically for college. Go to your local bank and look into possible savings plans. I don't know if your bank offers them, but try certificates also (these can be specifically for education). CDs on the other hand, I wish I could tell you more about them. I thought about opening one, but I have yet to start one...

Good luck with eveything!


Dilbert
Rating
Get a Citibank U-Promise credit card, with a 529 educational savings plan. Each time you buy anything with the credit card, it will invest money in the savings. Also add as much as you can directly.


jrbayse
Vanguard has an excellent fund plan for you to fund an account for your boy to use for college or to help purchase his first car.

Custodial accounts under the Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) allow you to put aside substantial sums of money for a child's future while taking advantage of the child's lower tax rate.

https://flagship.vanguard.com/VGApp/hnw/accounttypes/college/ATSUGMAUTMAOverviewContent.jsp

I have my boys set up with this account and it has done great.

Good luck and congratulations! :)


drew2kew
Rating
Check this article out. You will learn alot. Basically it says to invest 1/3 before, 1/3 during, and 1/3 after college. Spread the burden out so you don't rack your brain during your younger years in life. Remember, Less stress = better all around.

http://www.investmentu.com/research/investingcollege.pdf


derobake
Variable life insurance is fraught with high costs. In general, it is best to keep your insurance and your investments separate. Much better alternatives exist than "cash-value" life insurance. (Many people even consider these a scam.)

There are tax-advantage investing accounts (529 plans) through many of the low-cost investment firms like Vanguard or Fidelity. You can pick balanced mutual funds that are moderate or conservative. So, this way you can invest some in stocks, but not stick your neck out there entirely. For example, Vanguard offers "LifeStrategy" funds which invest your money in a variety of underlying funds, to diversify you with the ease of just using one fund. You can pick one that has the right amount of risk for your personal preference. For example, pick one that has about half of the money in bonds and the other half in stocks. A portfolio like that would be only moderately volatile.

Savings bonds through the government (www.treasurydirect.gov) are sold with no commissions, and the interest is tax-free if used for college expenses. They yield less than stocks, but are "risk free".

For a book on retirement investing that will also teach you other aspects of investing, click on my profile to find my website. I have a free downloadable book in PDF format.

Whatever decision you make, keep your costs low, please. This will increase your risk-adjusted return.


investing b
Rating
Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

http://www.investingtutorial.info/

wish it will help you.

Good Luck , Best Wishes!


wealth
Rating
if you have the money but don't know where to invest, please invest in education first. you can either do courses or buy the books.


DAR76
Get into the stock market. I know it dumped today, but think about it as a huge sale for you. All the low prices on stocks right now are eventually going to go back up. Also think about a mutual fund for your son. Be a little aggressive in the beginning and taper off when you have some money in the bank.


Why!?
Rating
mutual fund.

stock market is risky so unless u have what it takes to lose, you can try apple stock or visa when it goes ipo. rumor saying apple is about to have a split.


Mitch N
Rating
go into the stock market. put money into a company that has a low p e ratio


SimpleSimon
I like sausage and chips.


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