IF a DEM gets into office in 08 what will the Stock Market do? |
| I'm thinking about cashing all my stocks out next year if it even looks close to DEM wins. Especially Hillary....She will ruin the economy and the markets...what say you?... |
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Euro Millions question? |
Ok so the winning numbers are :
3 / 10 / 12 / 42 / 50 / 1 / 5
The last two numbers are 'lucky stars'
But would you win anything if you got the 3 and the 1 ?... |
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I want to invest in stocks? |
| i never did it before, and i want to do this right. it is hard to sort of understand it all and i want to make sure i make the correct decisions. and i want to make some money from it. any ... |
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Stock market books for begginers? |
im 18, no nothing about money and want to start investing in the stock market, and want to learn from scratch, but dont want a book thats too basic to have any relevance to my life.
what ... |
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Should I invest in this stock? |
| Hello and thanks for taking the time to read my question, I am considering investing in Bank United Financial Corporation (NASDAQ) the stock initials are BKUNA, please take a look for yourself, I ... |
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What is the most successful trading strategy that you've used? |
| Hi, I'm interested in hearing how successful people have been using the various trading strategies available to buy and sell shares on the market today.... |
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How to find out about a stock before it skyrockets..? |
| It seems that many times an unknown stock , that has 20,000 or so trades per day and one day it goes to 1,000,000 trades, how do people find these.. I want to make a little money. any good stock to ... |
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How much is this worth? |
i just bought a 99yr old 22 long rifle single shot, and was wondering if anyone new how much it could be worth? i'm not sure if it still fires or not. Additional Details i don'... |
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Does anyone actually make a good living daytrading stocks? |
I mean consistantly...how rare is it.???
Even in this horrible market I have managed to make about $22K so far this year trading in an out of stocks. So, wondering if I could do it full ... |
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My friend is new to stocks, and is just rushing in for the sake of it. How should I advise him? |
| I don't do stocks, but we always advise each other on what is wise and unwise (investments etc). He is putting 10k of his tuition $ into stocks with e-trade, jet blue airline and something else. ... |
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Do I have enough to invest? |
I have $10,000 in my savings account and I want to invest it. Is this a substantial amount to invest? Or should I keep it for a rainy day? Any advice? Additional Details yeah, I was also ... |
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I need help with International Investing.? |
I have questions about it.
1.) How can I begin investing?
2.) Do I need help from someone or can I just buy stocks directly?
3.)What is the rate of return on this investment?
4.) W... |
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Financial Investing Question??? |
| I am a recent college graduate and hear all of the time that it is important to start investing early. Since I just graduated I do not have very much money to invest. What is the best route for me ... |
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Scott | What's the best way to invest small amounts of money? |
I'd like to have some type of investment that I can just drop in 5 or 10 bucks every once in awhile online, without getting any fees while the amount is smaller. Should I use a savings account, some type of stock purchase, etc? How do I get the best return while it grows, and what if I need to withdraw for an emergency or special occasion. I'm self employed so I don't have a 401k or anything like that.
Any advice? |
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ac26xp
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Here is a conservative, low-risk plan when you have practically nothing:
(and this is all predicated by saying, do your research and find out what banks in your area have the best rates for all the things mentioned below)
Open up a savings account today with $50.
Keep dropping $5 to $10 into savings.
When you get to $100 or $200, drop that into a 6mos to 1yr Certificate of Deposit (CD) at your bank, while still adding that $5 to $10 to your savings account.
Keep doing that and when the CD matures and you have over a combined $1000, you should be able to open a minimum balance Money Market account at your bank.
Keep adding to the Money Market account, while simultaneously maintaining CDs.
When you have over $3000 to $5000, talk to someone (do your research) about opening an Individual Retirement Account (IRA), which you will need for your future since you are self employed.
Keep it going, don't stop... keep adding to the savings, money market, CD's, and yearly contribution to the IRA.
Once those basic instruments are in place, then start thinking about doing some side trading of individual stocks and funds.
It's like working out... you won't get those ripped abs by making excuses for not going to the gym (you have to make the time to go every day, every second day, whatever).
So, just like making the time to workout, you must forcifully budget your income to "pay yourself first" by adding to the savings.
Working out and saving money both take supreme discipline.
It is a challenge to your maturity level and your ability to maintain goals.
Keep saving, don't stop. And don't go buy something idiotic with it like a new car, when the car you have is just fine.
Within a couple years you can be in a very good position.
Good luck ! |
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Marco R
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If you're putting in those tiny amounts I'd really suggest you just go with an high yield savings account, like those provided by emigrantdirect.com or hsbc.com to drop in your nickles and dimes. Then, once you have a substantial amount (at least $1000, preferably more) built up there, transfer it to a brokerage account if you want to buy something like a mutual fund. Small amounts are worthless to move around and try to buy into stuff. You'll just lose your shirt in commissions and/or fees, and waste a lot of time doing it. |
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productionmike
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take advantage of your bank's bill pay option; set up a scheduled payment to a brokerage account every month and set up in that account an auto-buy feature into a ROTH IRA that is invested in an Index 500 Fund. This is the method most-widely used in all those books and seminars. If you're in your 20's now and save $200/month every month until then and it is invested in the INDEX FUND, by your 60's you should have around $2million, and not have to worry about working at McDonalds.
Also, taking money out for a special occassion shouldn't factor in to this. You should have ANOTHER account for that. This is the account you never want to touch. |
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the d
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savings account YES, for that amount of money.
EDIT- i agree with marco above, however, ONLY use a local branch back like a credit union or bank of america, wells fargo, US bank, and mnay others. |
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sgc1965
 |
You're better off saving up at least a few hundred dollars first. I use an online stock trader and it's about $12 per month for their fee (which includes 5 or 6 "trades" per month). I just have an amount taken out of my savings account every 2 weeks and I've been able to nickel & dime my way into an amount that I wouldn't have been able to save on my own (due to lack of self discipline!). Whatever you do - remember that ANY STOCK IS A RISK so only throw in the money that you can lose and still pay your bills! |
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elmer451
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Vita Nelson suggests investing in dividend reinvestment plans (DRIPs). It applies discipline to your investing. Watch the video at the link below. You can spend very little without paying any commisions to a broker. |
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Learned guy
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There are various ways to invest depending upon your preference. If you have in your mind high returns you have to take more risk. In forex you have an opportunity which is un matched. It gives great returns for a price that is risk. You can make good money with commodity fuutres and shares too. Market is showing signs of revival. |
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