 What will you do with a $30K? |
If you have a $30k saving...What would be the best way to make the make grow, other than putting it in a Bank and earn that little interest?
What'll be the best way?... |
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 Think about it. A poor person buys $50 and they pay an extra $3.50. Doesn't that extra 3.50 hurt? |
| Doesn't that hurt those who work hard and only make $900 and month? Come on!! You really think they are lazy because they only make $900 and month? Get real. Find out whats really going on in F... |
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 Where to invest $100K for 2 years? |
| I have $100K to invest for two years. I will be using this for a down payment on a house. So where would be a good place to put this money. High Yield savings account? Index fund? Under my bed? V... |
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 Buying Stock, New Investor Question? |
| I don't know anything about stocks. Where can I find more information about buying stocks and investing in the market? And what is the best way for a "newbie" to start?... |
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 If I wanted to buy 10,000.00 worth of bank CD's, should I buy one for 10,000.00 or 10 for 1,000.00? |
| Now, I am not talking about laddering. I have the 10,000.00 now and will not need to tap into it for a long time. I would like to know if the compounded amount is greater for one 10,000.00 CD vs. 10... |
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 Investment? |
i have some cash in hand and would like to take my money to invest. What type of investment can i invest in? How to make money online besides google adsense?
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how to ... |
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 If you were given $15,000..........? |
| okay if you were given $15,000, how would you invest it?? would you put some in stocks or something else? and do you know how to make that 15 grand into more money? just curious.. ... |
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 How do you 'invest' in a country?? |
| Reports often state that certain countries are 'very promising' or 'are expected to grow hugely over the next ten years', (i.e. there seems to be a lot of hype about China's ... |
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 Who is actually profiting when the stock market loses value? |
| What I don't understand is that the stock market loses value, heck its been all over the news globally. Now in order for something to lose value, doesnt somebody actually make money on the loss?... |
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| I need money fast, and im not at the age of earning money yet, will ebay be a good idea? |
Any other suggestions?
Additional Details
errm, im 13, will doing private tuitions help, i mean i go 2 a grammar skool??... |
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 What is the best and most lucrative investment of 20K? |
| What investiments will make this cash grow quickly?... |
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 Trading stocks? |
| How can I learn to trade stocks?... |
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 I want to invest Rs 60,000 in mutual fund for one year .? |
I want to invest Rs 60,000 in mutual fund for one year .
pls suggest me the fund so that i can get 60% return .... |
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why not? | If & When will the world suddenly starts selling oil in Euros instead of U.S. Dollars? |
Is the U.S. economy in for deeper trouble than it is already now,since the Euro is now the stronger currency? |
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oui-oui
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this should happen soon.. since the USA is going deeper and deeper in to mayhem and crisis. We can't trust the US dollar anymore, not stable at all.. and the USA is not the super power that it use to be, it's a shadow of itself... EURO rules. As the other guy said up here, people might not like to be payed in dollars because they never know what it will worth tomorrow.. euro is a lot more stable.
the USA want the world to follow their way of going things but they can't even manage their own economy... |
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Dave87gn
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that was the rumor right before the Iraq invasion. Saddam was going to switch to euros...so there's another reason we invaded..not WMD |
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Alan
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Whether prices are quoted nominally in euros or dollars, the currencies are readily convertible into one another. Yes, dollars are worth less...but part of the rise in the price of oil in dollar terms is to compensate for the falling value of the dollar. Oil prices aren't up nearly as far in terms of other currencies as they are in terms of dollars. The quote on oil in dollars is immediately translated into Euros and other currencies at current exchange rates. If they choose to quote oil in terms of euros instead, it would mean that the price would be translated from Euros to dollars rather than from dollars to Euros. Any Middle Eastern country that would rather have Euros than dollars for oil can swap currencies on the forex market. So as it is, it isn't that difficult to get payment in any currency they want. Whether you quote oil as $114 or 73 Euros...it translates the same.
I think the bigger issue is whether the US currency will continue to be the reserve currency for the world. China has huge (about $1 trillion) of US currency in reserves. In many countries, dollars are the real currency because there is no faith in the local currency. If the Euro were to become the proxy currency of choice instead of the dollar, that would be very bad for the dollar, as you would have a lot of people looking to unload dollars, and nowhere for them to go.
In terms of the US economy, the dollar is a symptom of all the private and public debt we've been running up. Running these deficits increases the supply of dollars in the hands of others. Increased supplies usually leads to lower prices and values. The lower dollar should help us from a growth standpoint, as US products will be relatively cheaper to foreigners. The price will be paid in inflation, because imports will become more expensive. |
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Sir Percival Blakeney Baronet
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I can't wait until this happens! Less inflation! |
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mimosa
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international oil trading is usually done in us$, although some countries have tried and are doing deals on other currencies. However these are "niche" transactions and on specific occasions. Iran and Russia are doing some oil businesses in euro or rubbles. Trade finances in international oil are usually via global banking facilities and these are usually dominated by Western or US banking circles. To get to the stage where alternative currency is able to provide alternative to us$, a critical mass of interested parties have to be present. Currently this situation is not the case |
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beth
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Message to the USA
youre f*cked lol |
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Scilliams
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but the pound has always been the stronger currency?
and yes they will be in bigger trouble been learning about it all at uni. oh god america is in trouble!! |
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peto.vita
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Considering it is global knowledge that the American economy is in strife at the moment, the problem would most likely be greater then we know. As the American government is extremely skilled in covering things up. I will not give u an exact date as this would be a complete guess, but i believe that sooner or later it will collapse unless a more stable resource is found to base the economy around. When this occurs another superpowers currency will be adopted. |
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T S
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In mid-2003 Iran broke from tradition and began accepting Eurodollars as payment for its oil exports from its E.U. and Asian customers. What is now called petroeuros. Most oil exports are still being accepted as payment in petrodollars, or pay in dollars to receive oil.
Iran of course has begun what is now called the euro-denominated Internet-based oil exchange system for global oil sales.
The vast majority of the world’s oil is traded on the New York NYMEX (Mercantile Exchange) and the London IPE (International Petroleum Exchange), Iran has entered this exchange market in a new way.
Here are a few URL sites that explain what has been happening and what seems to be what may continue into the future.
http://www.projectcensored.org/top-stories/articles/9-irans-new-oil-trade-system-challenges-us-currency/
http://www.ccc.nps.navy.mil/si/nov03/middleEast.asp
Hope this enlightens you somewhat more on this issue.
Enjoy your day,
TS |
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singerwhoo
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i doubt this will happen |
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Salman Ali A
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How would I know? |
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