 Who to talk to about investing? |
| who would i talk to to see what investment is right for me? i wanna invest in stock,bonds,ira,whatever i dont know much about any of them. so would i talk to somekind of finacial advisor, or a banker ... |
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 Where can I buy mutual funds from? Any suggestions? I am not sure how to start? |
| I am a college student and I would love to invest in mutual funds. What sites you people usually used? For example for stocks they would get firms such as Etrade,Scottrade,Firsttrade,Zecco, etc. Is ... |
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 I just got 10,000 dollars inheritance? |
| and my boyfriend wants me to invest in a company called "pink sheets" has anyone heard of it?... |
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 Is there any way we can invest in oil? |
| I feel like i already have!!!!!!!Thank ... |
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 I am clueless on what to do with this money . please advise? |
I have found out that my ex has to share his?
retirement with me , he is in the USAF
PLEASE give me advise on where do i put it , i am serious. i am 41 so i do not need it now, do i ... |
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 Why do supermarkets carry so many different brands of salsa vs. other condiments and sauces? |
| It seems to me that supermarkets carry a great deal of brands of salsa. Wouldn't it make more sense to carry fewer brands that turnover faster to reduce inventory/carrying costs?... |
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kavanagh.brendan | Maximum amount of money for certificates of deposits? |
I have recently came into a lot of money and wanted to invest it well for the future. I know banks have a minimum of how much you need to invest in a certificate of deposit but do they have a maximum? |
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mel
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it may be 10k. |
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yeeooow
 |
There certainly IS a max that you should be conserned about
FDIC insurance will only cover 100,000 per deposit.
your money will NOT be insured if it is over that amount.
you need to put in about $90,000 into CD's of several different banks until you have it all invested
I think interest earned is also insured if the balance is under 100k... Though i'm not positive about that.
check www.bankrate.com to find all the various CD's available and online savings banks. There are banks out there where your deposits can earn the same or better yields and not be tied up.
www.everbank.com allows you to invest in CD's in foreign currencies. the deposit is FDIC insured, not the gain or loss from currency moves.
good luck and i think you are making a wise decision with your money. conditions might be better for investing in 6 months... until then stick with CD's |
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stephenweinstein
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A few promotional CD's with very high rates have a max, but most CD's do not. However, do not put more than $100,000 at any one bank. See Brandon's answer for why. You can deposit smaller amounts at different banks (there is no cumulative dollar limit and no limit on the number of banks), so that it is all insured. |
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Brandon
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The FDIC only insures each account holder for $100,000.00. If the bank you have your money in goes bankrupt, you can only get back $100,000.00. so the best idea is to spread your money over different banks, not just different accounts. of course, the likelyhood of a bank going bankrupt is very small, still you can never be too careful. as far as maximums go, on CD's there aren't any. |
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piet lul
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invest no more than $100.000 per account. |
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jeff410
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You can get a Jumbo CD for a minimum of 100k but over that amount the account would be covered by FDIC |
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SuperCactus
 |
CDs come in various denominations... like $5,000, $10,000. You just buy as many as you have funds for. In my opinion... US dollar CDs are a very bad place to park money. They don't pay enough interest to beat the rate of inflation. That means you lose a little money every day.
If you are more concerned with safety than growing your wealth... buy CDs |
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Dan
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Nope. They just come in denominations. You might look into no load tax exempt AAA rated bond mutual funds. They are very stable and you can get into them via etrade of a discount broker. But CDs are easy so there is that. |
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