Should I pay down loan or invest?(see details)? |
I'm 42 yrs. old with a $35,000 student loan and have a rather low income career(teacher). I make my minimum monthly payments just fine.
My question is should I use my leftover ... |
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How does the stock market work? |
| i've always wanted to know...... |
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I started up penny stocks online through Sharebuilder and penny stock funds as well will I get rich? |
| Penny stocks have a huge return when they're doing good...even just a little bit. Let me tell you some of the ones I'm buying Lehman Aggressive Bond Fund I Shares, S&P 500 Index Spider, ... |
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Mutual Funds Questions? |
| Do have to do mutual funds online.Or is there a place you can go in your ... |
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How do i buy shares? |
In the present climate i'm thinking i might invest in some shares wile there so low.Never done it before and have not got a single clue what to do.
Can someone give me some advice on ... |
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I just read in stock investment for dummies that stock investment is not good for short term.? |
Short Term-- Less than and year
Intermediate Term-- 2 to 5 years.
Is that true that i can't just learn the market and start making money. that I would have to invest for 5 years ... |
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Interest of $1,000,000? |
| we are going back and forth on what the interset is on $1,000,000 please explain the ... |
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Is it time to end it? |
the stock market has destroyed faith for me and my hopes and dreams vanished into thin air.
is it time to end it? and say goodbye to the world? Additional Details ... I don... |
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What is the best sector to invest in economic recession ? |
From_____________, video, CD, HDD, or electronics etc to various sectors.
... |
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Is silver a good investment? |
| What companies would be good prospects to look at that mine or process silver?... |
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Where is the best place to invest money for retirement? |
| I currently have money in a 403 B that purchases Class B shares (American Funds). I'm 34 years old.... |
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Looking for an ethical company to invest in? |
| I have a small amount of capital id like to invest in a company who is really doing great things for the environment. Im not talking about massive oil companies who have introduced a 5% renewable ... |
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Desiree | Wat is a trust fund? |
I have an idea of what one is but I'm not sure. Could somebody explain them to me? |
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kja63
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Family money put in trust for you. For example, your parents may put 1 million dollars in a trust fund for you when you are born. This money is invested (stocks, bonds, etc) and grows.
When you turn 21 (or whatever age) they may stipulate that you can make interest only withdrawals. When you are 35 (or whatever age) they may stipulate that you inherit all the money to do with as you please. |
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B
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In common law legal systems, a trust is an arrangement whereby money or property is owned and managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts some or all of his property to people of his choice (the trustees). The trustees are the legal owners of the trust property (or trust corpus), but they are obliged to hold the property for the benefit of one or more individuals or organizations (the beneficiary, a.k.a. cestui que use or cestui que trust), usually specified by the settlor. The trustees owe a fiduciary duty to the beneficiaries, who are the "beneficial" owners of the trust property. |
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crzygrl
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It is a fund that someone has left you in their will but usually you can't have it until a certain age. |
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summerwe
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Usually, it a set amount of cash that is set up to provide for another person or organization. Trust funds usually have a executor who upholds the terms of the trust. For example, a man may have a daughter who is 18 and a little "flighty". Should he die, the trust might state that she gets a little money every year until she turns 25. The executor will give her the money year by year, until she hits 25 when she gets the bulk of the money. |
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Mel
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A trust fund is a fund parents set up for their kids that cannot be touched until the child reaches a pre-specified age or set of conditions such as graduating from college.
Hope this helps. |
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michael d
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Money you put back for a use to the future |
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Zipperhead
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Money set aside to be handled and invested by a 3rd party or investing firm, for your benefit later on in life. At some pre-determined age, they give you the rewards of the investing, usually on a monthly amount in perpetuity. |
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I ♥ love
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It's money.... |
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Mao C
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is it that your question is " what is a trust fund"? |
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