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? Additional Details 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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Can any one give me $20 million? |
| i have a very fine business idea for which i need $20 ... |
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Where to invest $1500? |
I have $1500 saved in an ING Savings account yeilding about 4.2%. I want to invest it somewhere else with a higher return rate.
I want something I can manage and see online with the ... |
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I am looking to invest in the stock market. Which stocks are a good buy now? |
I'm 30 years old, and I'm looking for wealth accumulation. Additional Details Burnt Bob, you're a total idiot. I hate stupid responses!... |
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I got a letter from the son of a General Samual Mugabe of the Democratic Republic of the Congo? |
| Apparently General Mugabe has passed away, it's sad I know but it happens. The good news is he stashed away about thirty (30) million US dollars. His son wants to transfer the money to my ... |
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carmainium | Need Investment Advice? |
I just inherited a cool $1million and I have never had this type of money before. I have been looking in to the mistakes other people have made when they inherited money and I don't want to go that route. My family consist of 6 people brothers, sisters etc. we each inherited $1million a piece so I dint think I would have to look out for them borrowing or any thing. anyways I have a small business already that is doing fine without the money. I keep thinking "SPLURGE" but I'am not sure. I am 27 no kids and dieing to get my hands on that "2008 RR Phantom"..lol but I just wanted to here what some of you would do if you were in my shoes. thanks! |
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eternal student
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If I were in your shoes, knowing what I know now, I would set it aside for my retirement. I also like the idea of giving a small portion to charity.
Regarding your urge to splurge, I'd like to share with you what I learned form a book titled "Richistan." It was written by a reporter who researched the lifestyles (and problems) of the rich. Using the terminology from that book, you are merely affluent, not rich. Cars like RR Phantom are primarily meant as status symbols. The 'richistanis' who drive those cars, have the mansions, yacht, and the staff to go with it. You may not fit in that club. If you live in a middle class neighborhood, then your RR may be out of place or you may be sending a wrong signal i.e. people may think you are richer than you actually are. So, I think you are better off buying a middle class toy like a Porsche or something. |
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Blue B
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Buy the Phantom
Use a professional Investor, Do Not Do it yourself.
* Put some money away for retirement |
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JohnGalt
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10% to charities
5% for fun ( you like cars, I like to travel, just don't blow it on "everyday" fun. like clothes or booze)
85% invest and never touch the principal. Even better is not to touch any of it for five years so that the growth can support even higher earnings down the road. (that 5% fun should last you a little while).
Share your plan with your family. Otherwise at least a couple of them will be looking to borrow money in a couple of years after they blow thru theirs. |
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Clark Kent
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I would invest it in short term treasury notes and bills until the 13 day moving average crosses the 50 day moving average, then begin dollar-cost-averaging if the market continues up. If it drops below that level, wait for it to reoccur. You will eventually catch a bull market.
However, do not think $ 1 million will necessarily last a lifetime and go out and splurge. A good house could cost half a million. You could need an expensive operation. A new car costs a lot. I've seen people run through a million pretty quickly. |
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JimmyJo
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Donate some to charity, send a poor but smart kid to college
ps
I bet that only two months ago the the above advisers were telling their clients to "invest in the stock market!" |
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mightyray012
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good u didn't inherit all $6 mils. u'd be worrying 6 times worse!! :)
here is what i think:
1. stay away from wall street.. it's too messy out there
2. stay aways from real estate.. it's still heading downhill..
3. don't invest in something u don't know about
4. fight the urge to overspend on things u don't need.. it's ok to give urself a nice treat.. like an 08 RR Phantom.. the point is.. DON'T overdo it.
5. CASH IS KING.. especially at this time of despair.. that's why u should keep ur eyes out for opportunities... if u don't have a keen business sense, it's okay, many people aren't naturally born businessmen.. but u can hire someone u trust to help u find opportunities.
6. Finally and very importantly, remember to share some of ur wealth with others in need. donate few bucks to charities with good purpose.. trust me, do that and god will look after u.
Good Luck! |
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cdadams1911
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I'm a financial advisor and when my clients pass away (13 so far), the majority of their heirs spend (i.e. WASTE) the money w/n 12 months (including one heir who received a little more than you did which is SO sad).
I'm sorry about your loss. I would STRONGLY encourage you seek the help of a financial advisor, a tax preparer, and an estate attorney (yes, at 27, you'll need an estate attorney). Advice is free from most professionals (it certainly is with my practice). You now have the ability to set yourself up for the rest of your life if you do this right and you'll only get one shot, so PLEASE heed my advice.
Call me when you have questions and I'll give you other pieces of advice and places to look (completely complimentary). I lot of people have good intentions and will give you advice. Just remember, if you were in need of heart surgery, is it wise to ask your buddies which valve needs replacing/unclogging/etc, or would you ask your heart surgeon? Financial advice can be given by anyone... but it doesn't make it accurate for you and your situation. |
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Epictetus
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Get solar panels and things that will produce something. Like a garden. The green energy is the big one. I have seen some statistics that indicate that money will be useless soon as our economy explodes into nothing. I think you should spend it fast while it still has value. Generators, water purification (large scale), solar/wind, if you can get an electric car then do it and really get what you need to feed yourself and others. Whether or not the economy collapses (which it will) these are great things to have regardless. |
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Serwaa
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i think you should rather buy shares from a bank or any legal institution.u could also save in a bank and gain more profits. |
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Simon L
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trade in the stock markets |
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