What are some of the best agencies out there for long term investment as in STOCK .
With low interest rates.
Over the internet. Additional Details Someone put down that I need ...
Everything I've invested in so far has been a bust. I figure that even if I lose all my money, at least the inventory is gonna take a long time to leave. Additional Details Or ...
I recently purchesd $2000.00 worth of stocks from charels schwab, and now they have sent me a letter saying that I need to liqudate (close) all my assets from there company because my credit score ...
I was thinking of opening up a money market account, and I was wondering how much risk I'm assuming if I decide to get one? Also, what are some good companies to open up a money market account ...
You're not going to find that. It doesn't work that way.
However, if you're a serious and substantial investor, you can establish a margin account with a brokerage firm. A margin account means you're trading with their money. Of course, there are interest charges associated with it.
Otherwise, you'll have to get a cash advance on your credit card and establish an account with a brokerage firm.
rjkdlsjllsdj
one of the investment rule is....
DON'T INVEST WITH BORROW MONEY! if you win you have to pay hefty interest up from 13% and if you lose, you still have to pay back the borrowed money with interest.
You rather have some money on your hand and do Margin... That is a very big risk of itself. Good luck to you
brianjames04
I'm not sure but I think it's illegal. Back in 1929 millions of Americans bought stock on credit. One of the first New Deal reforms was to require that margin purchases had at least 50% down in cash.
The best you could do on something like that is take a cash advance and buy the stocks with that; but that's also very risky. Just to make a profit you have to pick a stock that grows at a rate that's higher than the interest on your card.
Ted
You can go to the bank and get a cash advance (as a check) and take the check to a broker.
Gwenn W
Are you nuts??? A very bad idea!!!
src50
BAD idea!
Blue B
I think thats illegal.
As said before:
Extremely Poor Idea.
Please Dont!!
A nobody
it's illegal.
Brokers can not let you purchase on a credit card.
By your question it appears you have very little or no investing experience - DO NOT buy on margin and don't ask what it is. If you have to ask, you shouldn't do it.
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