 A family friend gave me $15,000 for my daughter...? |
| How can I invest it so her greedy mother doesn't find out about it...and demand the money be given to her... we share ... |
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 Will i be considered a Day trader if i Buy Thursday evening And sale Friday afternoon? |
| I'm going to open a Scottrade account with the minimum $500 and was just wondering. Thanks. How long do i have to wait to buy and then sell to NOT be considered a day trader?... |
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 Why is Gold so high? |
| gold is close to $800.00 per oz. ! Why is the price of gold so high but yet last week I could not get $50.00 for my 14kt. solid gold Geneve Watch. My inlaws paid $1250.oo for this watch in 1990 when ... |
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 What is/are the best investments for teenagers? |
| What is/are the best investments for teenagers?... |
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 Where is best to invest £20K? |
I have £20K that I want to invest long term, say 4 years, nothing too risky. Can anyone advise what is the best investment / savings plan?
... |
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 What advice can you give a beginning investor (me)? |
| I don't need specific advice (invest in oil, for ex.), really, but I want to know what lessons others have learned through investing.... |
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 Best sector to invest in for a rocky economy? |
| I'm concerned with the state of the housing market and its early signs of a pull-back which could excellerate, having a devistating effect on the economy, forcing many people to cash in on their ... |
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 What's a good investment newsletter? |
| i've been reasearching investment newsletters and there are just too many to choose from. does anyone subscribe to a newsletter they are actually satisfied with? Like happy with their returns? ... |
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 What would you or do you invest in.? |
| Gold, stocks, or something, idk... what would you invest ... |
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 In the stock market business, what else determines the price of a share besides the demands for the shares? |
Does the profit of the company, popularity of the company's products, the selling of the products, the welfare of the company, etc. help determine the price of a share??
Additional Details<... |
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 How to take profits in the stock market? |
| When the market drops a reason that is given sometimes is that the dealers "Took Profits, or "profits were being locked in." This is OK to do providing you have something else to buy. ... |
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 Are half dollars worth a lot? |
| I have eight, half dollar coins from 1964, are the worth anything?... |
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 Last july Ben Bernanke told us? |
| that the sub prime debacle would not filter into the rest of the economy, now he tells us that the housing meltdown has bottomed out, are we to believe anything this guy tells us?... |
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Shaun | Saved 6 months emergency money. Now what? Invest? Keep saving? Both? |
I've saved up a little more than 6 month worth of bills in my savings account. I've been doing a lot of research on saving/investing but this question is never really answered clearly.
Do I continue to put a certain percentage of my paycheck into the savings account? Do I start putting that money into investments instead (mutual funds, stocks, etc)? Or do I put some in each? How much? Let's say 5% went to savings before. Keep doing that until I reach a certain cap then invest all of that extra until my savings is back down to 6 months worth? Or sort of split that 5% up... 2.5% for savings, 2.5% for investing?
These numbers are purely hypothetical right now. Any good advice would be much appreciated. |
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Lake Lover
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If you have saved enough to carry you along for six months you are in pretty darn good shape and if you are not carrying high interest debt like credit cards, and you have some extra discretionary funds coming in, you should start investing in equities. I suggest you dont have to add to your cash savings reserve -- six months is plenty.
The stock market may drop some more. But we seem to be nearing the bottom and in my opinion, this is one of the best times in recent history to buy equities.
I suggest that you study companies with easily manageable investment grade debt, which pay dividends. You might also buy "closed end ETF" stocks such as for example Zweig Total Return (ZTR) which has been paying 10% yearly for many years. As the dividends accumulate along with other funds, plow it back into the market. You will see that as your dividend income increases, you can then start to pull some of the six month savings account money out to put into good stocks or mutual funds. Your six month buffer will eventually be drawn down to maybe a couple months worth of cash, and you should be secure with the fact that you have income from your investments to carry you along if you get hit with an unexpected set back. |
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Terence P
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Right now, it may seem like a bad time to invest in the stock market. Just keep in mind, investing in stocks when the market is doing well means you are buying high and selling when it is doing bad means you are selling low.
You want to buy low and sell high in general, but you can't predict the bottom. So I would go for dollar cost averaging, which is just a fancy term for just setting aside a specific amount to invest each month.
It depends on your goal, if you are buying a house you'll want to prioritize savings. Otherwise split it up into savings and investing. Make sure a 401k/403b is invest in fully to the employer's match, then the rest of the money you set aside to invest is probably better in a Roth IRA maxed out each year unless you do not qualify for one.
One thing I've learned, life can be always take a turn for the worst longer than you have savings for. But investment vehicles are tax advantaged, netting you more money. So a mix is always good. The mix depends on your income and goals. |
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donfletcheryh
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We need to keep 6 months of spending money available to replace income stream should it be interrupted or extraordinary costs come along. Some would consider this money as eligible for investment, but be careful that you do not compromise its basic intent, to provide for short term problem situations.
When the stock market was going great guns I got into the habit of staying fully invested, including all but say 10,000, which is about 5 month's spending. With the downturn in the stock market we can see a likely need to liquidate stocks during the downturn, which we prefer not to do. But at least we do not have to close out tax deferred investments, and some companies have continued to pay dividends.
As one gets past 5 months spending one starts to use investment vehicles that will pay off better. But one should not invest the first 5 months spending in places that can lose value sharply... even long term bonds can lose a lot. One should not invest it in one year term deposits because it becomes unavailable. |
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ASHFAQUE A
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Congratulations on that! That's great. Now that have a safety net you can start thinking about better returns on your money. If you're saving a certain amount each month I would either invest in mutual funds, open an account with Sharebuilder.com, or check out dividend reinvestment programs, or DRIP investments where you buy stock directly from the company. Either way I would open and max out a Roth IRA, which is funded with after-tax money but the returns are tax-free in most cases. If your company offers a retirement plan with matching I would definitely take advantage of the free money. |
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src50
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Check out Dave Ramsey's website. |
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Derek (Steelers, SB champs)
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Keep funding your savings account. (5%)
I would also look into a separate retirement account, such as a ROTH IRA. |
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As For Me and My House...
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Well I wouldn't invest in the stock market right now! I'd put in in something low risk for awhile. If you have credit card balances get those paid off. |
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M dub
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good job.
now make sure your 401k or ira account are fully funded for each year and get those invested in the stock market. after that, you can invest after tax savings.
don't know the rest of your financial profile, age etc. but generally you can start to buy some index funds etc at schwab etc and maybe up the savings (depending on what you do for a living) sometimes it takes more than six months to find a job if you lose yours.
but now you can sleep well! |
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