 What would you recommend for an 18 year old? Invest or save? |
| I have turned 18 recently and I have accepted a job which will allow me to earn around $700 a month. I'm interested in investing but I don't know where to start, also at the same time I ... |
|
 Do you think that gold is a barbarous relic? If so, why has it risen 280% since 2000? |
The current gold price is above $700 an ounce. It was about $250 an ounce in the year 2000.
Additional Details
That is an average of 40% per year increase in price.... |
|
 What is a mutual fund? |
| how would i be benifited out of it?... |
|
 Is there a one million us dollars note exist? |
| my friend found 4 one million us note after the sunami, is it real?... |
|
 Where to invest 100$ ? |
I have 100$ and I want to invest it.
Please tell me a good place to do ... |
|
 Fidelity Investments? |
| My company is matching 3% . Im putting in 13% bgi bigpath 2030 Im 45 years old. Im using Fidelity.What is a broad based index fund? Will this add more money or will it sink? Please explain!!!... |
|
 Is now the best time to buy stock? |
| Some guys at work are telling me that now is a better time than ever to buy certain stocks. I have no stocks and don't really know much about it. Im still young, just started my 401k, but I ... |
|
 Id like to read a book about stock investing, but like a really good one??? |
| I dont really want to lear about how the stock market works.... but something that can teach you a thing or two about what is a smart choice....?... |
|
 I Would Like To Know The Short Cut To Learn The How To Trade Like A Professional.? |
I come across many and many so called Gurus out there trying to teach how to trade.
As we know we have unlimited access to the Internet but limited time to view every single page.
Right ... |
|
 What are some smart financial investments as the economy is tanking? |
| My 401k is shrinking ever so much and I was wondering what what more profitable than a bond or CD right now? Or should I do some other form of investing?... |
|
 $1000 to invest... which stocks should I invest? |
I just managed to save $1000. I am about to open an equity account.
What type of stocks should I choose?
I am planning to keep the stocks for 5 years. Is it better to pick the ... |
|
 I'd like to know more about 'STOCK EXCHAGE'? |
& were is the best place to visit as a beginner, how much cash you need to start off? even the basics & any good info please.thanks.
Are you in the 'stock exchange'?? ... |
|
|  |
Bobbi W | Question about investing for a beginer? |
I went to my bank and they want to work out a portfolio for me. All my cash is currently FDIC insured, I wanted to put most of it in a CD and maybe use 20-30k for investing in Funds.
Is this wise, should I do more or less. |
 |
 
John W
|
Personally, I would stay away from traditional banks that offer investment products. Typically they offer pretty routine investment choices and then either charge you a fee or receive and incentive from the mutual fund company.
If you have the time, you should find a type of investment that you have an interest in and then put in a lot of time studying. That way are equipped to manage the money yourself if you choose or you will at least know enough to keep you investment adviser honest.
If you like stock/mutual funds a good way to begin your investing is to invest in ETF's (exchange traded funds) that mirror just about every stock index you can think of. They are cheaper to purchase than index mutual funds.
Lastly, don't get hung up on the "trendy" investment strategy of the day. You personal spending and saving habits have more to do with your long term investing than anything else. |
|
Richard Jackel
|
Great Question! You are on the right track with seeking professional advice. But I am not sure if the bank is the right place to go for it. Investing is an ongoing process. The person at the bank who helped you probably will not be there the next time you pay a visit to the branch. You should seek someone who you will have an ongoing relationship with. As far as recommending how to divide up your portfolio (also called asset allocation) you are not providing us with sufficient information about yourself to help you. Investing is not a do it yourself project. Working with a seasoned advisor is most advisable. The expense you incur for an advisor's service is a small price to pay for not 'MAKING THE BIG MISTAKE'! |
|
nick w
|
FDIC insurance is 100k per person,
as far as how much you should invest, the first person is correct it just depends on so many things, how much you want to risk, how much want liquid, your age, also it really just comes down to how much you feel comfortable with. |
|
bud68
|
Everyone's situation is different - your age, your need for the funds, your tolerance for risk. Obviously no one wants to take more risk than necessary, but too little risk means too little return, and that means that inflation could whittle away your savings. I highly recommend the book "Investing For Dummies." Its a great primer on the basics of investing. In the long run, you're much better off becoming "investment-literate" than depending on banks or investment advisors. |
|
Daniel M
|
I would check out investing in the Real Estate Development Market, in some areas it is still going strong. Check out ncinvesting.org for some more information. |
|
Greg M
 |
Dont use cd's unless you really need to. Cd's have really low yields and dont have much of a return. Try doing some research on T-Bonds and possibly stocks. Read Jim Cramer's book. l learned allot |
|
LOST
 |
Your only insured for 10k through FDIC. You should only leave money in a cd if you can't decide what to do with it. You should contact a financial planner and hear their suggestions. Think long term. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 13 minutes(s) ago
| | | |
7 | 20 minutes(s) ago
| | | |
7 | 35 minutes(s) ago
| | | |
7 | 50 minutes(s) ago
| | | |
7 | 1 hour(s) ago
| | | |
7 | 6 hour(s) ago
| | | |
7 | 11 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
7 | 6 day(s) ago
| | | |
7 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
