 How do i get started buying mutual funds? |
| ok so ive asked this question before and got alot of answers from people thats never bought a mutual fund before in there life, so I'm aiming for answers from people that actually have bought ... |
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 What is something I could invest in right now, that will not be effected by the economic recession? |
Like...
Gas & Oil
Pharmaceuticals
etc...
P.S. I'm only 17 year old male...
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StevenWeinstein thank you for your input, but I have that under ... |
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 Currnecy Trading? |
| Doeas anyone here make money trading foreign exchange. I have about ten grand and want to try it. Sucess stories, failures all would be aprreciated.... |
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 Online Broker? |
Has anyone heard about www.zappos.com
who is the cheapest and the best online broker these days?... |
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 I have 5,000 cash. Whats the best way to invest this money for a quick return? |
Not looking to buy stocks here. Or drugs, but something that I can buy at a cheap price and resell for a decent profit? What are some ideas you have?
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wow raysor, that ... |
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 Investing money to make money??? |
| I want to invest money for the future but I don't know what to invest in. Is there long term investments besides 401K that I can make money with?... |
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 What is best online trading service? |
| For you, what is the best online trading service? (minimum deposit, brokerage fees,etc)... |
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 How to get a link with a serious business partners interested in investing in Nigeria? |
We are a register company seeking to diversify into various Business in nigeria but seeking for a co partner in any country of the world.
The name of the company is ( TOPRAISE SERVICE AND SUPPLY ... |
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 How many stocks should i invest in? |
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that i can make the most money off ... |
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 I'm 100% new to the stock market.? |
| Can someone please give me some advice on how to get involved with it, and some companies that I should start with. Please help me out.... |
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 Investing in stocks.? |
| What is a good stock to invest in right now. I am looking for a stock that I can buy cheap, and has potential to make some money.... |
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 What is an online trading will please explain detail? |
what is an online trading will you please explain detail
how we can do ... |
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Derek | Roth IRA??? |
A mutual fund roth IRA doesn't make interest compared to a Roth IRA? Mutual fund Roths Depends on the Mutual fund? Where can I get a Roth IRA that just gets interests not mutual funds?
Additional Details
Well, i just wanted to know... I thought mutual funds performed however you invested and based on your contributions you got interest on that. I already have a mutual fund Roth... I just expected to get interest too. |
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nelson_devon
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Any bank. |
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Thin Kaboudit
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I suspect that you do not quite understand what an IRA, a Roth IRA or a "mutual fund" actually are. My apologies if I am mistaken.
An IRA is an "individual retirement account" into which you are allowed to put 'pre-tax' dollars, ie money taken out of your 'gross' earnings before you pay any taxes. This money can grow tax-deferred until after you are 59.5 or older. You will pay regular income tax when you withdraw it after that age.
A Roth IRA is funded with 'after-tax' dollars, ie you pay tax on your pay-check, and then invest some of what you have in the Roth, and you will pay NO tax on it when you draw it out in retirement.
Inside either an IRA or a Roth IRA you can invest the funds as you see fit; the younger you are, the more 'potential risk' you should take for potential gain. "Interest-only" investments are best-suited to retired people who cannot afford a few months of poor returns, but will only ever yield 3-5% a year, whereas "high-risk" investments (like stocks) typically yield 8-12% a year on average, over longer (10-20 years) periods.
If you are under 30, paradoxically, "safer" investments are much higher risk, because you will get only guaranteed low returns; while a stock mutual fund might 'bounce around' if you look at day-to-day or week-to-week performance, over any longer period you will always earn more money. Always.
If you are under 30, there is almost no good reason to own interest-bearing instruments inside your IRA. |
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Kitty
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An IRA whether Roth, traditional or simple are simply buckets that you fill up with things for your retirement. A mutual fund is one of those things you can put IN an IRA.
The best part of any IRA is that YOU get to choose what you want in it, so make it a good one !!
: ) |
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vegas_iwish
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You do NOT want an IRA that just gets interest. No point in having 1. Bank instruments and bonds do not beat inflation and inputed taxes. They are not safer if you understand what safe means. It is safe to say you will fail to retire well if you don't go into equity - stocks. If your money does not work you can't stop. Get this notion out of your head that if you nominally have mor emoney you are ahead. If you get 4% interest and pay 25% tax on the money before it goes into IRA (likely more) that is 3%. If inflation (trur - not cpi) is 3.5% you r money is shrinking - not growing. Don't hurt yourself and your family by not understanding this as a fact. ADX PEO EWA - Schwab.com has the options even if you just use 1 of thier Target Retirement funds. The Roth just holds the investment. The investments must be the right 1s or don't even bother having 1. Please feel free to contact me with further qs before you move forward. |
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kidd3422
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"Thin" hit the nail on the head. There is no reason to be looking for interest bearing Roth IRA accounts, especially if you're young. Over time, the market will give you MUCH better gains and provide you with a much better retirement base. |
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jebediabartlett
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Derek, you are being a " panic seller"...relax give your funds some time!
The markets have taken two hits since your purchase and I'd guess your even in one and up a few bucks in the other...give it time .." investing" is not the roulette table...you don't win - bing- bang bananas...you win in the long run.
IRA's taken out last April fell terribly in a May sell-off...things were down 10 and 12 percent.....just by holding ( and not going into a panic) they finished the year UP 16%.
You won't get that with any bank/CD type investment. |
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gosh137
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Equity (stocks) mutual funds distribute capital gains and dividends, not interest. Mutual funds that invest in bonds, individual bonds, & money market mutual funds distribute interest. |
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