 I'm newly married. My husband and I both have a substantial retirement savings. Is it better to combine them? |
| Will we get more interest if we combine the amounts into one account, or does it even make any difference?... |
|
 What is the best way to invest $8000.00 and get considerable profit? |
| I always seem spend money sporatically i just need help on spending it the correct way instead of throwing it all away please help.... |
|
 What investments make the most instant money? |
| I need an investment but need one that is going to make me the most money Also need to find a broker that can take care of stocks for me That can really make me and him/she ... |
|
 Can some body tell me what causes inflation? |
| I understand the effects of inflation, but where does the extra moeny come from if our the worldscurrency is continously worth less. Does the govenment print extra money, or is it gold mining that ... |
|
 How much do you need to start trading in the stock market? |
| I have some mutual funds but I want to move to stocks... I have the time but how much money do you need to get your feet wet? Thanks!... |
|
 Best risk-free way to invest money? |
| What is the best risk-free way to make the most money. It could be like mutual funds or savings accounts or anything. Thanks!... |
|
 What is the best way to invest $800-$1000? |
No Savings, No Stocks, No Mutual Funds, No Certificates..
What would be the best way to invest the $?
... |
|
 What should I do with $2,000? |
| I have $2000 and I want to make more money using it. I'm 17 and I have a mutual fund but I'd rather not just put it in that because that's pretty boring and i also think I'll be ... |
|
 I am a forex beginner. Which is the most accurate of MACD in forex trading? |
| I am a forex beginner. I've been trying different indicators to help me profit from forex trading, but most are complicated and difficult to understand. I am glad if someone out there can help ... |
|
 Invest or play the market? |
Hi!
I'm new to the whole financial scene, and although do not have much, would like to get involved in investing or learn how to trade. I would like to see money come in, and although know ... |
|
 What happens when a share price goes to $0.00? |
| I currently own a few shares of a stock that is not doing so well. Does anything happen if it reaches $0.00 that affects me besides it being “worthless“? Right now it is only at $0.09. Can its ... |
|
 How to earn money online?..any guranteed way?out?? |
i dont really wnt to put in investment as first as..find many cheaters outinmarket
any...tried out-guranteed strategy/wy of earnin money online?... |
|
|  |
matt p | I just received $30,000 as a "gift" from my parents. How should I invest it? |
I keep hearing all this talk about ression and I don't know what to do????? Please help me............. |
 |
 
Heather V
 |
Everyone's answers are rather well put. The first thing that should be done is paying off any debt. Remember that interest rates on debt will always be higher than that of investments.
Afterwards I would put a years contribution into an IRA (assuming that you have taxable income and can qualify for a contribution without incurring a penalty).
Then I would analyze the balance and determine the goal. If you do not need access to the cash and want low risk investments, go to your local bank and open up a CD or you can use ING Direct, which has great savings and CD rates with minimum to low requirements.
If you have no debt and your IRA is already funded, I would suggest speaking to a financial investment advisor, as they can build a healthy portfolio for you depending on your risk tolerance with that amount of money.
Thank you,
Heather
IAC Professionals |
|
Turbo Baby
|
Do you have a saving or checking account? Why not utilize that Institutions Personal Finance Banker. It is free and it will help you understand options, how so save all or part of your gift, along with Investment Opportunities. |
|
Sarah
 |
send it my way.... I'll invest it for you....lol. |
|
Wulfie
 |
You should open an IRA account and fully fund that.
Your best bet would be mirroring the S&P 500 stock index which has been the strong performer over the years.
Bonds are good too, and there are money good companies that manage bond funds.
It doesn't hurt to keep some in cash in the form of CDs which pay a nice rate and you don't have to worry.
Stay away from get rich quick schemes... |
|
Shelly
 |
Your first option, should be to open a retirement account. This is always a good investment, regardless
of who you are.
If you have fully funded your retirement account and would like other options, you should consider a DRIP Plan.
They are seldom recommended by brokers due to the low rate of commissions received. However, these
reinvestment plans can be very powerful long-term investment. Studies have shown that DRIP's are one of
the best strategies on Wall Street.
They are inexpensive and easy to start. New investors to the stock market should definitely consider a DRIP Plan.
Companies like Toyota, Royal Canadian Bank, Sony, Bank of America, General Electric and many other Blue Chip
Stocks can be purchased through your DRIP Plan, with as little as 1 share in most cases.
These long-term plans are great for beginners as well as veterans. Check them out.
Best of Luck |
|
May Derrek
|
Hello,
I also had a similair problem as you have.
I had a good amount of money, and wanted it to grow.
So I looked around on the internet to find something that is:
1) giving me great returns towards a relatively small risk
2) Professional people who know what they where doing with my money.
I'm glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support.
On this blog you can follow up all the results that he is making:
http://my-robottrader.blogspot.com/
My money is working for me, in a little over two months I already have a ROI of 62%.
So you don't hear me complaining!
Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com.
Then I'll give you the email adress of my moneymanager
Hope this has helped you! |
|
Net Advisor
|
A married couple can pool their individual gift exemptions to make gifts worth up to $24,000 per recipient per year without incurring any gift tax. So if they gave you 30K, you will ow taxes on $6,000.
http://en.wikipedia.org/wiki/Gift_tax_in_the_United_States
Give back $6k, and then have them give you it next year to avoid the gift tax.
See my recent posts about investing help.
PS Please don't follow anyone who asks to contact you about investing. Forex? Currency Trading? You'll eventually lose all your money. You are trading against world banks and governments. They will eat you alive. |
|
?
|
A lot depends on your age. Regardless, #1 priority should be to pay down existing debts like credit cards, etc.
Assuming you have over $20K left at that point, you should really see a financial advisor. Don't listen to friends, family, or yahoo.answers on specific investments unless that person is wealthy. Opinions are like a$$holes....everyone has one, and they all stink. |
|
rivaspes
|
rivaspes@yahoo.com rivaspestcontrol@hotmail.com |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 38 minutes(s) ago
| | | |
9 | 45 minutes(s) ago
| | | |
9 | 58 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
