What should I do with my money? |
| Next year I will be going to college. I have received enough scholarships to pay for everything and not have to worry about any sort of financial concerns. Currently, I have around $6000 in a C... |
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Anyone have an entry price for Natural Gas? |
| I'm looking at the chart and 4.90 to 5.10 looks about right, or anytime the RSI goes below 40.... |
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Why the "PIG" shows the symbol of savings?? |
| Each and every advertisements for saving and banking shows the pig?? why??... |
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Now in india where should i invest in share market or real estate and which will be fruit ful please advice? |
| i am working in south africa as software engineer. now i have two plat of land in Faridabad. approx 50 lakh and my monthly saving is 50 thousand. So, now i want to sell the plots and invest it in ... |
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When is the best time to sell shares in a one company & then buy into another? |
does it matter what time of day it is? Additional Details please explain "buy low, sell high"... |
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What is the meaning of "Mutual Fund"? |
| This is a financial term is used for the purpose of investment in companies etc.... |
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If you had $1,000 to invest in the stock market today, which stock would you choose and why? |
| I'm interested in how people choose their investments without the advice of their financial planner/advisor. Or, if you solely rely on your financial planner, how do you know that they are ... |
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Our father expired on 6th of November in Yr. of 2002? |
| Our father named Mr.Rajarao(late) expired on 6th of November in Yr. of 2002.... we recently found that he had some shares, of various companies like Reliance and Zindal vijayanagar steels..etc.,.We ... |
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Why is the dollar getting stronger against the Euro? |
Given the huge budget deficit, trade deficit and national debt America has, and in light of the credit market collapse, shouldn't it be going the other way? Additional Details Dave -... |
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Why can't I buy a large amount of shares in one day? |
| I tried to buy a large amount of shares of Purple Beverage co. today and was only allowed to purchase approximately 49400 shares. The stock is at 6 cents right now and therefore I placed a limit ... |
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I have $30,000 earning 3.5% annually that I can take out at any time. Where should I invest this money .? |
| I have approx $30,000 invested earning 3.5%. I can take this money out at any time without a penalty. The highest rate I have seen for a CD is 5.75% for 1 year. Any other suggestions where to ... |
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Mutual fund investment? |
| i m an nri n wnt to invest abt 3 lac in mf looking for long term abut 3 yr or mor pl suggest me the best funds i hv visited my hsbc bank thy suggested me to go for 1 tempelton flexicap 2 hsbc india ... |
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deltaequate | I was given $1500 as a gift. What's the best way to invest it? |
Is it too small to invest? Should I just buy a bag of lotto tickets? |
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Chad
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Investing in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.
Vanguard.com is ideal for long term investors who want to learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.
Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.
Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.
As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.
The websites below all contain plenty of FREE information to get you started in the right direction. |
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Eric
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buy a C.D its at 5% now |
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bizzbagg
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no it is not to small. i started out with $500.00 6 years ago and have close to $6000.00. i never put any more money then the orginal $500.00.
learn to do fundemental analysis of stocks first. here is a couple good books to help you with that.
the intelligent investor
security analysis
both by: Benjamin Graham
ps- do not buy the lotto tickets
HAPPY INVESTING |
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zcommodore
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You could buy a good used riding lawnmower and mow people's yards with it. That would be a good investment.
If you put it in an online savings account, you could earn 5% on it. It would be safe there with very little risk.
You could buy some US savings bonds--they are very safe as well.
A few mutual funds will let you open an account with as little as $1000 but they are getting fewer and fewer.
If you want to be high risk, you could try person-to-person lending at the following website. You would be much more likely to get your money back from that than you would at the lottery. |
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Freethinker
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Put it into a no-load (i.e. no startup fee) mutual fund. If you have any credit card debt or loans, pay those off first.
Edit: Actually, with how much the market has gone up recently, you might be better off putting it in a CD (certificate of deposit) at the bank. |
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JB
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Ideas:
1. Pay off some debt.
2. Find a money market account and let it sit in there and gain interest. Some of them are advertising 6 percent.
Personally I don't do savings bond. They are safe but take years to mature. I also don't do cds because rates are comparable or better in a money market account. I also do not do stocks. |
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