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 With all the market turmoil, what is the best way to invest?
I've read many internet articles about different ways to invest. Here are some of the ideas:

1. Market will tank some more - keep assets in cash
2. Market is about to rebound ...


 With US and global stock markets tanking, is it better to sit on cash for now or invest it?
If the answer is invest, then where?
Additional Details
How about an intermediate government income fund from Fidelity or Vanguard? With falling interest rates, they have returned over 7...


 How does a Credit Card company make money?
...


 I wnat TO DO BUSINESS WITH INVESTMENT OF 2.5 LACS?
TELL THE FIELD WHERE CAN I START IN MUMBAI ONLY....


 Do you think selling Fruits online practical? Please advise.?

Additional Details
If possible, please give some good example of a website that does this. Thanks a lot!...


 Any Canadians out there who know of Canadian Investments open to USA residents?
I live in the USA and am interested in investing in Canada. However the TSX listed stocks and options are off limits to USA residents right now. Trying to invest and take advantage of the US/Canadian ...


 What is the current euro/pound currency exchange rate?
...


 Cashing out a 401K?
How can I find out how much I would have to pay in taxes to cash out my 401K?

Do you have to pay state and federal? Can the bank do it for me or do I have to take care of it on my own ...


 Earning money online?
Is it possible to earn 2000 to 3000 dollars a month off of online sites without paying anything to start with?...


 Which is the best forex trading system?
...


 How to become a millionaire? ?
I am going to be 18 soon and I was wondering what should I do to become a millionaire or financially free? I would love to start a business in the future but not really sure how to though...
...


 Stock Market Advice.... First time investor help?
For Xmas this year I asked my parents to put a few hundred dollars into the stock market in my name. What would be a good place to start learning about the market in general, and where would be a ...


 Is it profitable to build a new website?
Plz give details....


 What is P/E...??
What is P/E in shares..?? what does it signify..??...


 How many shares of stock must you own to attend a company's annual shareholders meeting?
Could I qualify to attend if I bought a couple of yahoo shares, since I don't put much value in their stock anyway, and if Icahn doesn't take full control of Yahoo, the stock will bottom ...


 Should I invest in a Roth IRa or Variable Universal Life Insurance Policy?
I have a 401k/ Not married, no children, but my advisor says it is wise to invest in a variable universal life policy while I am young (the premiums are lower) so it builds cash value to aid in ...


 Confused about 401k stuff?
i have no idea where to start or what to take into consideration, all i know is i dont want to be broke when i retire....my company states it will match contributions equal to the greater of 100% of ...


 Any investors/ stockbrokers here , someone explain what is going on?
any one from the financial district or a bank / stock brokerage here , who could explain to us the recent troubles with the north american stock markets ....


 As a Beginner, How do I prepare myself to invest money in the Stock Market?
Since this is my first investment, I am planning on investing a small amount ($50 - $200) just so I gain some experience. I ask for some advice and/or tips in what I should do in order to be more ...


 How much should I invest now so that 26 months from now I will have $3800 in the account?
A mutual fund pays 4% compounded monthly. How much should I invest now so that 26 months from now I will have $3800 in the account?

Amount = $...



nascar7007
I just opened a Margin account....?
I just opened a Margin account....with Scotrade with a $2,000 minimum. I wrote a check and opened the account with $7,000 ...My broker told that because it is margin he was going to put more money into my account. I told him that I don't need it, I said I was going to buy/sell stocks with the $7000 and not going below the $2000. He said because it is a margin account he needed to put more money into my account..He also said that as long as I have enough equity I should not worry. MY question is ""how can I protect myself so I when I buy a stock I don't use the broker's money" ?..I mean I do not need his money to buy/sell stocks....also what is the minimum equity that I need to have before the broker's money kicks in?
                     
 




freesince1776
The best way to avoid your situation is to not open a margin account in the first place. A margin account by definition means you're borrowing money to invest on the risk that if you loose it you'll have capital/collateral to pay off the debt. If you don't need a brokers money to invest then open a standard investing account.


pandoboy2
If you don't need the brokers money, then you should not have gotten a margin account. Thats the way you can ensure you don't use their money.


Ernie
Did you get what you wanted? It sounds like he talked you into the margin when you wanted a cash account. If you dont want to borrow funds, than tell him to cancel the margin portion and keep the cash account. That way you are using your own funds only.
The thing about the margin account is when you call or look online for your balance it is confusing because they counting potentially borrowing money.


browndogzzz
Rating
I'm confused, why do you want a margin account if you only want to use your money?


Common Sense
I'm not a Scottrade fan... but... the story you tell makes no sense..... Scottrade will not "force" you to take money. It just doesn't happen.

You've misinterpreted what you were told. This tells me one important thing. You need to spend a year reading and learning about trading (before you invest $1.00).

Consider yourself warned!


Gator714
Rating
Margin accounts don't work quite as you described. The broker will not be putting their money into your brokerage account. If you buy a stock they will use your money first. If you spend less than the $7000 that you put into the account you will not be charged a penny in margin interest. If you have no intentions of ever using the margin feature on the account you can simply call your broker and tell him to remove the margin feature from the account. At that point you won't have the margin to worry about. Again, if you only use the money that you put into the account you will never be charged a penny in margin interest. Having margin on an account allows you to borrow funds from your broker against the cash or securities that are in the account. In this market that we are currently in, I am not recommending that any person puchase stocks on margin. I hope that you found this helpful.


El Chimpancé Caliente
Rating
First off you make the decisions about your own money. Don't let your broker push you around.

Secondly, you are paying interest on that margin loan. That's what margin is, a loan. You are borrowing against the value of you're own investment. Yet you pay interest to the brokerage house.

Third, if your investments drop too far in value. You may get a margin call. This means you may have to immediately pay back the loan or your investments will be sold. Typically, margins are called when the investment value drops to a certain percentage of the loan usually between 35% to 50% of the loan value.

All in all. You better know what your doing and you can get in big trouble and lose a lot of money if you don't. Don't let your broker just push you into something you don't need. Especially margin or shorts (betting a stock goes down). Sounds like your broker is just trying to make some money off of you at the risk of your investments.


David K
Rating
You sir are a Phracking idiot! Get a newbroker now and close that ****!!!!! before you end up in the hole you stupid, stupid person!


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