 Short term investment? |
| I have a windfall of funds available for a short term investment (1 year). What are the best options?... |
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 What is bad about day trading.? |
| what is bad about day trading. i am a day trader and a beginer. what should i keep in mind when i day tradinf. i heard that i a have to pay aalot of tax or something like that.... |
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 Option trading? |
| Hello everyone. I have been buying stocks for my portfolio for about 3 years now. However, for the past year or so, I've been hearing a lot about Options. Are Options for short term traders ... |
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 What's a good stock market trading website for a beginner.? |
| I'm basically interested in the markets as a small investor. The sort of thing i'm looking for is the best sites that teach the fundamentals about trading the markets and how to ensure i ... |
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 Is taking bank loan profitable than borrowing from friends and giving them the interest? |
Additional Details
The interest given to friends is the same as what the bank offers to its savings a/c customers. But is taking loan from bank better considering the interest rate we ... |
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 Has anyone discovered a system for sale for trading stocks and/or futures that actually works? |
| I've seen many systems available to the average Joe Trader. I know that many or most don't work but I also know that many people make good money using some systems. Just wondering if ... |
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 Is oil futures a safe investment, in this economy? |
| I am being told that buying a few dollars of futures can make one some extra bucks, is this so?... |
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 Who exactly profits from a share of stock that is sold at a profit??? |
A share of IBM stock is purchased through the NYSE by an individual investor for $75 and sold one month later through the NYSE for $125. Who profits from this sale?
A. IBM
B. The first ... |
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 How does one become a stock market trader? |
| I work full time in a reasonably well paid job, but I have always had an interest in making money on the stock market. The problem is I know nothing about it. I have seen loads of software available ... |
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 Bought Apple & Google at highs..sell or hold? |
| Woe is me. I finally got in to market and bought Google and Apple at their highs. Sell and lick my wounds or hold???... |
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 Buy car with or without loan? |
Bare with me here, assuming:
-I have 10k in my savings account.
-I want to buy a car worth 10k.
-I can take out a car loan worth 10k and pay 7 percent interest per ... |
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| What is a good S&P 500 index fund? |
ALso, a good DJIA index fund?
Thanks!... |
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 How can I find an experienced stock investor that is willing to assist me in buying and selling good stocks? |
| I currently have $50,000 and I want it to grow to $500,000 in a few years by aggressively buying and selling the right stocks. I'm willing to pay an experienced investor 25% of my profits. They ... |
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 I came accross some old stock certificates from the early 20's, Can I research them to see if they are valid? |
| My Fiancee's Father recently passed away and we had to pack his entire house up. We found some stock certificates from the early 1920's and we were wondering how or where we can go or do to ... |
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 Can someone suggest a good book for me? |
Is there any book like "Banking in India" for Dummies or "Mutual funds" for Dummies or "Shares" for Dummies, etc?
Mutual funds, Stock Exchange, Shares, Trading ... |
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 Forex Brokers ? |
| Does anyone know what the steps are to starting a Forex broking company ?... |
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 Why would the closing price change? |
Lion Gate Entertainment (LGF) closed at 10.01 today and I just checked it again at 4:30PM, the closing price changed to 10.65? So strange.
Additional Details
i was looking at the real ... |
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Shlane | Question concerning Edward Jones? |
I have an account at Edward Jones because i knew that they were good in investing...i started working and saved up to $1000. what i wanted to do is keep 500 but with the other half put it in a ROTH IRA...my question is Edward Jones, is it only for investment? can they give me financial advice without me committing myself even more?
Additional Details
other question should i put it in a ROTH IRA or invest it with Edward Jones? I really dont know what to do and whom to ask advice! |
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Repairmanjack
 |
I'm not sure what you mean when you say Edward Jones is 'good in investing'. How?
Of course Edward Jones gives people financial advice. But be aware: Using financial advice is usually very expensive. Look at the chart on this site:
http://www.saveyournestegg.com/scam.html
Also be aware that Edward Jones has been in trouble with the SEC and has conflicts of interest with their clients:
http://www.sec.gov/news/press/2004-177.htm |
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Ted
 |
They can probably do an IRA but watch for fees. |
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Thats Me
|
Edward Jones does do IRAs. Most investment firms do. However... Most firms also charge a yearly fee of anywhere between 75-150. so your money may get eaten up if you don't contribute more.
My question is... Why a Roth IRA? There are no tax benefits to contributing to it?
Conversely, there is no tax penalties if you take it out early either.
My advice is, if your young, and nearly positive the money isn't going to make it (i.e. your going to pull it before retirement) then just put it in a CD. |
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Common Sense
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Edward Jones is an excellant company.
Yes.... they give advice.
Yes they're good for Roth IRA's.
Don't use banks or insurance companies for any investments.
Read a book or two on Mutual Funds. Start with "Mutual Funds For Dummies". Learn about "asset allocation" & no-load Mutual Funds. You'll pay much less in fees & get the same or better performance. If you're not at ease doing this on your own.... stick with Edward Jones. They're better than most. |
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D P
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First of all, I am a small investor with Edward Jones; my brother is a financial advisor with the company (although I have kept my investments with a different Edward Jones advisor who I used before my brother become an advisor).
My brother has told me that he makes approximately $20 if somebody invests $1000 into a mutual fund and approximately $200 if $10,000 into a mutual fund. In other words, the fees in which your rep may be receiving is quite small in relation to the amount of work he may be doing for you. My brother in fact states that many of his brokerage firm competitors will not accept a client unless they have at least $100,000 to $250,000 in assets to invest; Edward Jones does not have an account minimum. I think you need to really focus on how much the person you are working with at Edward Jones is focused on financial planning. Ensure that your advisor tries to look at the whole picture including estate planning, debt pay-down planning, insurance planning, etc. In conclusion, ensure that your Edward Jones rep is holistic in approach and is somebody who you feel communicates well with you. The small amount you will pay in fees will be worth it if your advisor is holistic in nature, versus product/investment focused. |
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A nobody
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You decided to have someone help you with your financial planning and you have selected a firm that has a good reputation, so why are you coming to Yahoo answers to get the opinions of many amatuers who know less about you than your advisor.
The firm is out there to help you, to give you FREE information and to make your invesment decisions easier and to provide for your future. There's no need to ask others the advice, they don;t know your background, you current position and for them to give their opinons would be totally wrong and improper and for you to take their advice would be foolish.
Take all the advice they give you, it's free and you don't have to committ to anything and that's the law.
Just like all things you may do in life - If you don't trust the people you do business with, don't do business with them |
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monkeypug2000
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Buy $500 in scratch off lotto tickets-you'll be rich!
No, seriously my aunt works at an Edward Jones and it is strictly for investing. You can get your IRA at your bank. |
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