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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Stock market and terrorist attacks question...? |
| I have started investing in the stock market in recent months but worry about what will happen if there is another terrorist attack on our country. It seems like only a matter of time before ... |
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What are some good programs to watch to educate myself about the stock market? |
What shows are the most informative?
What shows are the best?
What shows do you like? Additional Details specific shows, with channel, maybe time would be great, I plan on ... |
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How has Jim Crammer's picks performed? |
| He is very fun to watch. How are his stocks really doing? Has anyone taken a look at his entire portfolio of suggested stocks? Does he actually beat the market?... |
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Are gold and silver good investments to get into now? |
| And if they are, how long would you hold on to them for?... |
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What can I do to multiply 1000 dollars? |
Okay. And no, not 2x1000=2000!
I'm getting 1000 dollars in like a week... it's a lot for me right now because I have been jobless for 3 months now and I only have 1 dollar in ... |
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Investing online is possible? how old do we need to be? |
first of all, sorry for the newbie question
is there any minimum level of age we need to be to invest?
I am 18 yrs old, just sometimes thinking use some bit of my saving for investing ... |
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♥ ♥ C.J. ♥ ♥ | The money you put in a Roth IRA is after tax. That money and all the money that grows is tax free or taxable? |
When I take it out?
At what age can I start taking it out?
Thanks |
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patrick a
 |
CJ, The earnings in a Roth IRA is tax free. see attached:
ROTH IRA
Contributions are NOT deductible when the funds are contributed, but the Roth IRA earnings accumulate tax-free and remain tax-free upon distribution. To be eligible to contribute, your Adjusted Gross Income must be under $95,000 for singles and $150,000 for married couples, as of December 2000. You cannot withdraw your funds within the first 5 years after the establishment of the Roth without a penalty. Given that this 5-year testing period can successfully be addressed by proper tax planning, the establishment and at least partial funding of a Roth IRA account should be on the discussion list of the financial advisor of every taxpayer who qualifies to open such a plan. |
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Jeff T
 |
The Roth IRA money is after taxes, but you get to withdraw it tax-free after you reach retirement age (which for IRAs is 59 1/2). |
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what?
 |
you can always take out however much you contributed, without penalty.
you can start to withdraw your earnings tax-free after age 59 1/2. |
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src50
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http://www.ira.com |
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v b
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It depends.
I am not 59.5 and:
I could go to my ROTH IRA tomorrow and withdraw quite a bit tax free. EVERY dime of post-tax contribution that I did annually is available for withdrawal. No tax no penalty since I opened the account more than 5 years ago.
I could go further and dip into the rollovers that I did from IRAs to the ROTH, but if it hasn't been 5 years for that particular rollover, I'd be hit with a 10% penalty.
I could go further and dip into earnings. Income tax and 10% penalty would apply. |
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BILL
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Its all tax free until you turn 59-1/2 , if you withdrawal early you will pay a 30% penalty so whatever you do don't take it out
Good Luck |
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shiprepairwoman
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You can take it out at any time you want without tax or penalty. I wouldn't until I had to since you can't put it back in and it is the only tax free money you will have. |
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