 Are you concerned about the US dollar? |
| Iraq was supposed to cost 50 billion; now it's going to cost 200 billion a year. Isn't this putting the world awash in dollars and having an impact (negative) on the dollar's value?... |
|
 In your opinion what are the best books to learn investing? |
| i want to start investing i want some books to give me a head start what do you rec.... |
|
 Is it a good time to invest in precious metals? |
| Ive been looking at a precious metals mutual fund and its been doing really well for the past few years. Ive heard that precious metals are good to invest in during war time, and im pretty sure were ... |
|
 Do you think there will be a rally in the stock market tomorrow? |
| Will Obama's announcements help (because we kinda of already know)? And also is the Fed going to announce a rate cut tomorrow?... |
|
 Who's intersted to invest in Republi of Moldova ? |
| does anybody want ti invest in a good bussines offers ?... |
|
 Who in their right mind is selling right now? |
i dont get it........you havent lost anything until you sell.
selling now ensures your greatest fears are realized.
just hang onto what you have until the storm passes.....and yes ... |
|
 I have a little stock investing experience and want to turn my $40,000 savings into $250,000 within 5 years...? |
| Is that a likely scenario for a young aggressive investor like me? Can anyone recommend certain stocks that will do that for me? I've seen charts for AAPL, GOOG and MA...and I could have easily ... |
|
 Good idea to come back to the US? |
So, I'm in Europe struggling to make ends meet. I want to go back to the States but am worried how the US dollar dropping in value will affect the job market. Any keen insight?
Additional D... |
|
 What investment strategy is recommended for everyone who is invested in stocks in today's falling bear market? |
| We have our retirement investments with a large firm, but we do not know how to advise our financial manager as to what we should do today?... |
|
 How do I start investing as a college student? |
| Is it possible for somebody with very little cash to start investing in college for their retirement or in general? If so, where do I go and who do I talk to about such things? Will it cost anything?... |
|
 What is FDIC insured? |
| I have a investment brokerage account and noticed that they are trying to get me to FDIC insure my funds. What is that and is it worth it?... |
|
 Instead of putting my money into banks my money has appreciated more with buying 3rd Reich memorabilia?? |
| The values of the items just keep going up and up. A few years ago I just cleared out my bank account and bought a load of genuine stuff from a good reputable dealer. Some of the items have doubled ... |
|
|  |
itsmecasper | Should I invest in Citigroup (C)? |
I have been watching, researching and reading up on Citigroup for quite a while now. Some say it is going to continue dropping because they still have write downs they haven't performed in 2008. I know a lot of these financial/banks are suffering a lot right now and going through management changes. I personally see this as an opportunity to get in.
Citigroup is the largest financial company, well diversified and historically well managed. It is trading at $28.11 where this time last year it was trading around $55 per.
I am only 23 and ready to commit my saving into an investment (long term). Two questions:
1) Should I purchase Citigroup (C) stock? is now a good time or should I wait?
2) Is my money better put into a mutual fund or a CD?
**I have $15K |
 |
 
tonytbag
|
I am elated that someone that I am able to respond to has asked this question! I eat and sleep the financials right now along with tech....just research, research and more of it. First off, you're already on the right track looking into stocks! BEST place for your money. Did you know that over 80% of mutual funds UNDERperform the market each year? You can make alot more money with your capital in the open market. Now lets get to Citi. I agree 100% that now is a wonderful time to get in. I could write a book on why but to be brief: yes, they will write off probably over 20 billion more HOWEVER, that write down is undoubtedly priced into the market. Citi is a financial monster, domestically and internationally (hence the foreign capital infusions). This company will never go under! the last year or so has been brutal but will begin to recover after the subprime mess is finished with. Therefore, with a new CEO, with write downs as old news, institutional sponsorship and currently trading at record lows...BUY BUY BUY. At 23, its going to pay off. hold on to this one and watch it grow. |
|
Grover S
 |
I own some C. Overall it makes up <1% of my diversified portfolio. Some sober unsexy thoughts on your $15K...
-1-- Don't dump it in... Dollar Cost Average into whatever you decide on. You put it in at $25 today and next year its at $18 in the midst of the worst econonic downturn since the thirties. It could go down and take a year to get BACK to $25. Invest on the way down and up. You'll do better, but it's unsexy like I said.
-2-- Diversify... C is a good bet. My financial advisor thinks so and so do I. However, it's in trouble. In the 60s people said ITT was going to rule the world some day and was "never going to die." Ever heard of ITT? Thought not. By the way C is now the 3rd largest financial I think. Financial sector is getting the crap beat out of it with no light in sight. Get a good base with: Consumer Staples, Health Care, Realestate, Technology, Manufacturing, Service, AND Financials. Why not a no-load index fund for a percentage and C for the rest.
--3-- Greed kills. Try to time the market and you'll get played. If you do time the market, take it for what it is... luck and gambling. Nothing more. Obviously you and I aren't financial wizards or we wouldn't be on Yahoo Answers Financial. Leave the gambling to the fools and the speculators (fools with money). |
|
Aaron W
|
Fortune magazine also said this was a good industry as most of their experts believe it is ready to rebound. If you're going to invest for the long term, make sure you diversify. Hate to see you lose all your money at one place. |
|
Kirk S
|
Citigroup is a good company, but has one bad apple in my opinion under their umbrella. Primerica Financial Services located in duluth, georgia. check themm out before making a commitement.
I would lookk at no load mutual funds from T.Rowe price, Vanguard, Neuberger Berman, alliance capital, fidelity, and franklin templeton. This way u diversify your money instead of parking it into one company.
and i am dead serious about you checking out primerica which falls underneath citi ... primerica is a pyramid skeme. |
|
ifs_enoch
|
My suggestion is that you invest in long term not for trading. Do not expect fast return on citibank. But do it for a long haul. |
|
Brad H
 |
I had this same question. I thought to myself "Wow Citi is fantastic company and they have been hammered lately, not must be the time to buy." However, I don't think they are done going down. I read an article today that financial institutions are expected to write off $20 Billion more. If you really want to invest in City I would follow what Grover said and dollar cost average, or wait six months. I just don't see any fantastic news coming that will cause its value to rise. This is a stock that you will want to hold on to for a very long horizon. |
|
Andy
 |
1. Instead of buying C ... if you think financials are due to turn around...
Buy the XLF the Financial ETF - then you won't get burned if C drops while the rest of financials recover.
Get more info here and check out the links on the right.
http://www.sectorspdr.com/eqsnaps/?do=snapshot&symbol=XLF
http://www.sectorspdr.com/shared/pdf/factsheets/FactSheet_XLF.pdf
You can also write front month calls against your XLF at a 5-10% higher strike price and get some decent premiums while you wait on a turnaround.
2. Mutual funds are always a better bet if you're looking at more then a 5 year horizon. |
|
Kris Z
 |
I wouldn't recommend it but if your dead set on buying it i wouldn't put all your money in at one time in case this thing keeps dumping and you still have some cash. I would do dollar coast average into the stock like every two weeks or a month put a little in and see where it's going. That way if this thing tanks your not 100% invested in one stock. Also i would recommend you invest in more than one sector as this sector is sh**y.
Just remember they kept saying that about enron too. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
6 | 14 minutes(s) ago
| | | |
8 | 20 minutes(s) ago
| | | |
8 | 54 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 9 hour(s) ago
| | | |
8 | 10 hour(s) ago
| | | |
8 | 2 day(s) ago
| | | |
8 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
