How to invest with low risk? |
| My sister's kid is geting around 25,000 from his grandfather's life insurance policy. She wants to invest it in something low risk but with a decent return. Are CD's good for this or ... |
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Any suggestions on the stock market? |
| I want to get into the stock market and stuff but i was wondering if any one had any information i needed to know first or had any online sources with great information.... |
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Please suggest where to invest my savings? |
| I have savings US$1000. I live in Bangladesh. Is there any safe business & business sector where I can invest this full amount so that I can earn US$15~20/day. Please advise.... |
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Is there any possibility to make $1= Re 1? |
how come its possible ,if so..?
when can it be executed in the forthcoming future ,if it is quite possible?... |
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Which are the best shares(company) to buy in this market situation? |
| i would like to know which company shares are better to invest in the coming months ... Can you give me the list of companies that i could select ... |
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What is the best method to avoid emotion based decisions when trading in the forex market? |
| I have stop-loss orders in place but still find myself wanting to move on emotion rather than logic at times.... |
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I have some money to invest, I am told now is a good time to invest in banks....? |
is that good advice? What happens to shares that I buy in a bank in the event of a bank getting nationalised or bought over...
Thanks in advance for your replies.... |
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How do you make money? |
job?
stock market?
real estate?
all the above?
other?... |
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I found 1 million dollars yesterday what should i do? |
| since i dont know what to do.. right now i am burning it... any ideas?... |
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How long do you have to hold onto shares before you qualify to receive dividends? |
| Presumably you can't just buy shares in a company the day before dividends are due to be paid...... |
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I've been thinking of investing some money? |
| somewhere, how do I find out about stocks? Or maybe investing in the foreign money? DOes anyone have any good info or know where I can get some?... |
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Is there a stock answer? |
| My advisor told me that to put it into layman's terms my investments can go up and down like an whore's drawers. Should I pull out and stick in Ernie?... |
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Is GM Stock a Good Buy now? |
This has been asked before but new news came out today about it going to zero. Additional Details If GM goes bankrupt all the Union contracts will go out the door. I don't think the ... |
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Annoynomous A1 | Is it possible to live on $62.50 a week? |
I'm inheriting $300,000 and if I put it in a bank account with 1% interest, that is $62.50/wk if I calculated it correctly. Do you think I need a job or could I just live off the interest plus the 300k? Sources? Additional Details How do I sign up for food stamps and government housing? |
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gekkedodo
 |
First of all, putting it in a 1% interest account would be, sorry to say, stupid, as you could get a lot more already on a simple savings account. With 300k to be inherited I would advise you to make /let yourself made a decent financial/investment plan that fits you, so including your plans, dreams, ideas and more for the short, medium and long term so to fit YOU. With 300k wisely spread in investments you should not have to worry about your finances, though I would also advise you to find something to do, as you would get bored with always doing nothing. Feel free to contact me with questions that arise. |
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micheleh27
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lol you are not going to get any government help with 300, 000 dollars in the bank, why don't you just get a job |
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redwine
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what do you think? Can you live off of $3,000 annual salary. BTW, you have to pay taxes on interest earnings, so you have to live off of less. tba |
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John O
 |
I doubt you will qualify for government benefits if you have $300K in the bank. |
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iamthe_a
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I dont see how you could live on that. Unless you plan on living on bread/water and have no utilities. |
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iDunno
 |
INVEST i tell you INVEST
:p |
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Strange Days
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If you have that much money why do you need food stamps and housing. |
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Singaporean
 |
Depends.......... |
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Ryan M
|
Why would you put it into an account making only 1%? There are SEVERAL banks that offer over 3-4 times better rates. Turn that 62.50 a week into $250 and live much better. |
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▲ßûІІѕ vÅŸ ßèÄŗѕ▼
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only if you live with your parents and you don't have to pay rent and other bills
$62.50 is enough for food for the whole week. |
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Scorpio
 |
just donate the 300k, why u might ask?? first you would be helping lots of ppls. second it is a tax write-off. third you can't get all the so called freebies from uncle sam with that amount of cash on hand...............IDIOT......... |
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amanda panda
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you are inheriting money, and that is good. i think you should definitely invest. BUT... you need to look at different investment options. putting this ammount of money in a 1% intrest account and trying to live off of it is ridiculous. you are no millionaire, go get a job like a normal person and don't puzzle over how to avoid earning a living and how to work it so you can burden society for the rest of your life.
instead, consult a banker, put your money in a CD or something.
a CD is an account that requires you to let the bank hold your money for a secured ammount of time which is determined by you. the bank gets to use the money until then for it's own purposes and then upon the term ending you can recieve double your money or possibly more depending on how long you leave it alone. then you can reinvest that and so forth until you have a hefty and possibly early retirement at the end of your career.
this is just one of your options. why would you live in poverty instead of wisely investing and setting yourself up for a good life?
p.s. the government requires you to submit all financial information that would be pertinent to your living situation. as soon as they see that you have inherited this money, they will turn you away. and if you find a way to hide it and they find out, you could be responsible for paying back any assistance you received up to the point they find out you were lying. |
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