 Should I sell my mutual fund? |
| I started with $1600 and never made any interest. I've now lost over $500. I'm not desperate for the money, but I don't want it all blown away either.... |
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 Has anyone bought any stock before from the stock market? |
| If so, can anyone tell me how I can purchase stock for an investment? =)... |
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 What would $10K be worth in 30 years in a mutual fund? |
This is hard to explain, but I'll try, I really need some solid advice. :) -- Thanks in advance, by the way!
Background on me - 31 yo married mom of 4.
I recently left a ... |
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 Is it time to get back into the stock market? |
| i moved my 401k to cash when the DOW was around 14K. should i get back into it now? is it to early? ... |
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 First correct wins! Why is the S&P 500 the best indicator of "the market" ? |
Even if you don't agree, In one or two sentences describe why this would be the best indicator of the current market conditions.
Additional Details
Note: There are over 10,000 ... |
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 Is it good to follow Warren Buffet? |
| Is it a good idea to follow the ideas of Warren Buffet, Even invest in some of his companies when he is surely not going to be around for to much longer before he retires. Won't his companies ... |
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 Is there anyway a normal investor can short a stock? |
| meaning they are NOT a sophisticated investor (making over $200,000 and owning $1,000,000 in assets). thus can't invest in a hedge fund.... |
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 Can you help calculate interest rate please? |
| My daughter is 13 on christmas eve. If she had £1 put in a bank account for every week since she was born, how much would she now have, taking into account the varying rates of interest over the ... |
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 I bought 100 shares@73..in nov..its dipping now...should i hold..? |
Additional Details
i bought 100 shares of ISPAT..industries..@73..in nov ..its dipping now...wat should i do...... |
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CoCoN | Should I start 401K with a recession around the corner? |
I recently become eligible to join 401K through my work for the first time. With a recession possibly looming around the corner and the Market not performing very well right now, what should I do? Should I go ahead and join and take advantage of the lower prices and shares or should I wait it out until the Market starts to perform better? Just to note I have never been a part of a 401K plan before now. Any help would be appreciated. Thanks. |
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Tom V
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You absolutely should. A 401(k) is a life-long investment, so you shouldn't worry at all about the temporary ups and downs of the market. Even if this recession lasts 5 years, just think of it as an opportunity to buy while stocks are low.
Assuming you've got a long way to retirement and you're investing a portion of each paycheck, you'll be doing what's called "long term dollar-cost averaging" which is a proven mechanism for generating lots of wealth.
Happy savings! |
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Thin Kaboudit
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I think you answered your own question...should you start buying now, while investments are "on sale"? Or should you wait until they will cost you more? LOL!
The way to get VERY rich is to put in the most money when no-one else is putting in anything, and the least money when everyone else is buying up everything in sight!
Best wishes! |
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David M
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Tom V is right. Start as soon as possible. Also, if you are investing when the stock market is down, you are buying "low" and that is the goal to buy low and sell high. So, if you have money, buying stocks during a recession is a smart move. While everyone else is selling because they need the money to pay bills, you are buying with your excess money and probably at a very good price. So, the managers of the 401 K are doing all that for you. |
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summer breeze
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It's never too early to start a 401K. Buying when the market is down gets you more shares in whatever you are investing in. All stocks are risky, but if you wait forever you will never have enough invested to be able to retire when you are eligible. When the market performs better it just costs more per unit. |
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digdowndeepnseattle
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another way to phrase your question is...should I get in now and share in the gains or should I wait and get in after the appreciation has taken place. The answer to that is obvious.
Look, you're never gonna be able to know exactly when the market is gonna hit bottom. Since you can't time that there is no better time to get in then right now...and I'd say that no matter which way the market is headed. Only way to start that compounding effect is to get some principal into the plan. You can wait to do that or you can start now....your choice. |
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Kengem
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Guess I'll just echo what everyone is sayin: yes you should enroll. |
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Doctor Deth
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they should at least have money market funds where you won't lose any money if the stock market goes down - I've moved most of my 401k money there for now - If you get company matching - that's free money to you - take it |
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