Offshore Bank Account, why? |
why would someone have one and why would they.
for what reason and what is the maximum and minimum you can hold.
... |
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What are some penny stocks worth investing in? |
| Looking to go into the stock market for the first time and I have 1,000 dollars maybe a little more that I am willing to jeopordize to possibly gain more money. What stocks should be ones to follow ... |
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How can I find out if an old premium bond has won any money? |
| A friend of mine recently found an old premium bond given to him by his father and wants to know if it has won him any money. Any help would be greatly appreciated.... |
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At 15yrs old I'm ready to invest - help me decide how? |
| I would like to invest about $200 (more or less) of my money in hopes of gaining more money and some experience in investing. I don't care much about the risk of my investment, but the time it ... |
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How do I buy oil? |
I don't have much money (I'm only a student) but I think if I got enough capital together it might be a good investment.
Would I buy it through a company that acts as a middleman?... |
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What should I do with $70,000? |
| How can I turn it into $1,000,000 and how long will that take?... |
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Can anyone tell me about secure10 % investment return ??? |
| I am looking for about 10% return from capital......investment should be secure.....what i expect.... if i invest 5k , i would expect at least 5300-5500 after 1 year.... not 4500.............. |
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How can i become a millionair? |
| If i were to put my money in a savings account in the bank starting at age 17. Every month i will deposit about 550$, if i do that for the next 20 years, by the time im about 37 or 38, i will have ... |
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Us $ versus £ ??????????????? |
what is the exchange rate at the minute ?
has the $ever been worth more than the £ ?... |
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I want to get started in buying stocks, I have thousands to invest. I want to know how I can decided whatyobuy |
| I've read books on techinichal analysis but how do I know what stock charts to graph and look at every night? Where do I get started if I want to do that.....also can someone explain Junk bonds ... |
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Timing mutual funds? |
when investing in mutual funds, is it better in the long run to try and time the market i.e. buy low, sell high ? Additional Details i don't mean short-term trading but in terms of ... |
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What should I do with my Mutual Fund? |
| I have a very small mutual fund, but have lost 20% just over the past few months. Would it be wise in these economic times to put a little more in for the impending improvement (eventual improvement, ... |
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I am terrified of this recession, please give me advice!!? |
| I am 30 years old and this is the first recession where I've been an independent member of the work force. I am terrified. My mom says not to worry because this has happened before and the ... |
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Joe M | Is it legal to use other people's money to invest in stock and keep some for yourself without a license? |
Basically, I invest in the stock market with my own capital, but I was wondering what the legalities would be for me, if someone wanted me to invest their money for them. First of all, can I legally do it without a "brokers" license? If it is legal, can I keep a comission or a percentage of their profits? |
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m6
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plain and simple....it is perfectly legal. beyond that if you are doing it informally i.e. friend, family, etc. no paperwork need be file beyond ordinary tax docs. if setting up a limited partnership it must have less than 32 investors/limited partners. there are many small partnerships and hedge funds currently active that are privately held and unregistered. most all hedge funds are 'unlicensed' and they do not want to make public disclosures on their P&L, investments and investors on such docs as focus reports that are required by those trhat maintain broker/dealer licenses. |
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jeff410
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Brokers only sell stocks for a commission. They cant take a share of the profits, and for the most part neither can investment advisors. They charge a fee based on the balance of the account or an hourly rate usually. The only way you could share in the profits probably is to start an investment partnership. Then you could charge a fee for investing the partners money, about 1.5 percent, and 20 percent of the profits. The IRS is a good place to start to find out about forming a partnership and a lawyer.
Another way you might be able to do this is to have your investors sign over a Limited Power of Attorney to you. |
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john p
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Not sure about legality. However, when has that ever stopped brokers? |
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piet lul
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without a license, you can keep all of the proceeds. |
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raymo73
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Yes and No
You can do it for them, but if you are keeping commisions you need a business license and a brokers license. |
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kenny_scarface
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I know HYIP's get around this by listing all transactions as private. So essentially whoever invested with you would have to just give you the money, then it becomes yours and you can do with it what you like. If you happen to hook them up with a little here and there (the results from your investing), that's completely up to you. |
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hirebookkeeper
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Yes it is illegal. You must be licensed. |
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silk101
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yes its illegal |
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