 What are good stocks to invest in? |
| Today my high school Economy class is starting to play on the virtual stock market (we're given "500K", and we've got to see how much more money we can accumulate). What are some ... |
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 Can the stock market go much lower ? |
| are we going lower in the market in the next couple of ... |
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 Which stock do you own and why? |
| I just buy a Chinese Stock, how about you? I am going to earn triple for sure, believe me!... |
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 20-something wanting to start investing in stocks? Any suggestions? |
| I'm young and still in college, but I'm wanting to test the waters so to speak so that I can begin learning how to invest now. Any suggestions on ways to start? I.E. Good companies to work ... |
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 Would you like billions of $$? |
| WOULD YOU HELP MY FRIEND HE HAS THE KNOWLEDGE I JUST TRYING TO FIND HIM AN INVESTER HE NEED 25 THOUSAND TO GET STARTED.. 25 %... |
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 Best investment for $5,000 for quick return(6-18 months)? |
| Need to know best investment for $5,0000 American. I am open to day trading currency, cash deposits, stocks, bonds, and commodities. Beleive I can get 6.5% on a cash deposit of $5,000 for 6 months. H... |
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 Are bio-tech and pharma companies the same thing? |
| The way I understand it is pharma companies make and sell drugs and biotech companies research how to make the drugs. However, aren't some companies both pharma and bio-tech? I was reading ... |
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 Bank being unfair...what would you do? |
| I sold my house in April and got £150,000...the most money I have ever had by a long chalk. I checked with my bank whether I was in the best account for this to earn for me and was told 'yes�... |
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 Where and who to invest with? |
| I want to invest 3,000 for college for my kids. where should i go? Then i have about $5000 left that i want to invest so that in 5 or 6 years i will have a enough to take a family vacation with the ... |
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 Where should I invest in 2007? |
I am not sure where I should invest in 2007. I am also hearing that the USA economy will be slow in 2007. Do you have any suggestion?
Best wishes,
M. M. Chowdhury
www.... |
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Tim O | Investing in Precious Metals? |
Ok, im new to all of this precious metal investing. I've done some reasearch and lets say i want to buy an ounce of platinum. So i go onto a website and buy one ounce for $1985/oz or whatever it costs at the moment. It ships here... Then what? do i need to file taxes at tax time? or do i just hold onto it until i want to sell it?
Thanks for helping out a clueless person ;) |
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Net Advisor
 |
Please let me save you some money :)
1. Please don't buy Precious Metals or any investment based on a website advertisement. Only buy from licensed USA (if you are in the USA) registered commodity broker in your area.
2. I think the run on Precious Metals is pretty well done.
Other FYI:
3. There is no tax on an investment until you sell at a profit.
4. If you take possession of a physical metal it is much harder to sell. You have to go to a dealer.
5. If you buy from a website you may not be getting what you think you are getting. There are a ton of scams out there. They could ship nothing, ship something that is less than pure actual metal or contain other metals that are less valuable.
Just don't do it.
Put the money in a ROTH IRA and invest in the S&P 500 Index. Wait 10 years and you should be much happier. |
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rjkdlsjllsdj
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In this case you are holding the "Physical" metal. You don't have to file for taxes until you sell(make sure you get the sell receipt). |
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Erik N
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DONT DO IT NOW!!!
Metals are at an all time high right now, but do worry, they will come down, and if you buy now though, you will lose money.
I bought silver about 5 years ago (only $50 worth) and now its worth $200
its so high because of the economy
also you dont calim any taxes on a (hopeful) profit until after you sell the metal (but then again, unlike stocks, there is now paper trail, *hint*hint*) |
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177ark
 |
I've just gotten into silver myself, but actually stocks through a broker. A co-worker of mine goes to coin collector/hobby shops and buys silver and gold coins that are sold by daily stock quote value. And if I understood him correctly, the same shop will buy them back in cash (keep in mind a small shop may not be able to buy back too much). I'm sure they would have platinum coins. You would only need to file taxes when you sale it and only if you're profit in high enough. Check with an accountant about investment gains. |
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sergio d
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Don't do nothing.I have invested in gold coins and silver and it is pretty much tax free money in my pocket .Just hold on to your investment and sell when the price goes up. |
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speaker of unassailable truth
 |
You should only hold precious metals physically if you expect a currency collapse; in that case coins (gold and silver) are better choices. The dollar is weak and current policy looks like the US Treasury is pursuing a "Cash is Trash" policy, but we could also see significant deflation, which would drive down the cost of metals, as well as all other assets, including equities. |
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Math Wiz
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Check out Goldline.com. I bought 1oz 99% pure American Eagle gold coins from there about 5 years ago when gold was just over $400/oz. (you pay a small premium of maybe 2-3% above the actual spot price of the metal) and am sitting happily on my investment (coins are safely tucked away in my safe deposit box). Even if gold falls from here, it is doubtful that the bottom will fall out, due to the dollars weakness, trade deficit, and the weak economy. At any rate, it's not a bad idea to make precious metals a 10% share of your total investment portfolio, because IF there is a worldwide crisis or depression, at least you will have something of value (besides food, water, medicine and weapons) |
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trio_jeepy
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Not a lot of people invest in physical commodities. The hassle of storage, selling, etc., make it a pain in the ***.
It's much easier and more typical to invest in commodities futures, which are far more liquid and have far greater price transparency than say owning gold bars.
That said, you would have to open an eligible account at a broker such as MF Global or Interactive Brokers and buy or sell futures contracts, which have their own rules and specifications. Futures contracts are also inherently leveraged, which may or may not appeal to your sensibilities. For instance, a standard platinum contract is for 50 ounces, no less, so you will be buying a $100,000 contract, for initial margin of around $5000. That means if you enter into the contract to buy the price risk for platinum, if platinum moves up 5%, you've doubled your money. However, if it drops 5%, you're wiped out. So futures can be extremely risky and cannot be "bought and held" because of the leverage and volatility. It can be very lucrative but requires research into contract specifications, risk, etc.
That said, you are in a far more liquid situation than owning the actual metal, which unless you're going to make jewelry out of it or a catalytic converter for a car, won't you do much good. This is why futures contracts are the preferred vehicle for speculators, hedge funds, producers, etc. who are interested in making money, rather than the commodity itself. |
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