 Is the stock market/bank crisis affecting you? |
i THINK wall street/bank crisis is only affecting only really really wealthy people.
im not being affected....or my parents it seems.
i know my sisters in laws lost all their ... |
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 Best way to invest? |
| Well, I have few thousand Pounds saving. I got to save at least £30,000 this year before February 2009( a year from now). I am saving at least £1300 a month.But that wont make me £30,000 so I was ... |
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 Whats the best way to earn money if you too young to go to work? |
| My Cosin is 12 nearly 13 and is not old enough to have a job but wants to earn money to spend on things her parents wouldn't let her spend on... any ideas please?... |
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 Advise for investing in gold? |
| I would like to begin buying gold, primarily for investment purposes. Is the purchase of 24K gold coins from the US mint, such as the American Eagle, a good way to go? Are there any draw backs to ... |
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 What was the most you ever lost in the stock market? |
about 3 thousand for me, though it is back up
Additional Details
Well today I'm ahead by 47 dollars thanks to ESLR and FTEK... |
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 Does anyone here make a living only by trading stocks? |
| I'm always hearing stories about people who make a living by trading stocks. I am sick of working all damn day and not making the kind of money I want. I would like to just make money in my ... |
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 I need to make money in the stock market in 10 days? |
I need to pick 15 stocks and track 1,000 shares for 10 days. The only objective is to make money, it does not matter how much money I make, only that I make money. What stocks should I invest in?
<... |
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 Finding my deceased fathers stock? |
| my father died about 4 years ago. he had invested in several differant stocks. i do not have any information as to how many or what stocks he owned ,i just recived a letter from one company saying ... |
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 How to select the scrips (stocks and futures ) suitable for day trading? |
| ok i do stock/futures trading on line . normally i select the scrips as suggested in media say news papers , TV and like that.when there are thousands of scrips only a few are suggested for trading/... |
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 Why is saving money so hard? |
| why is money so hard to save when you have about 50$... |
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doughboy0022000 | What exactly is the Federal Reserve? |
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gray shadow
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From it's mission statement:
"The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.
Today, the Federal Reserve’s duties fall into four general areas:
- conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
- supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
- maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
- providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system "
(Ref: http://www.federalreserve.gov/generalinfo/mission/default.htm)
How it is organized:
The Federal Reserve System is organized with a government agency at the top (the Board of Governors), and branches beneath them that resemble private corporations. (http://www.federalreserveeducation.org/fed101/structure/ )
The Board of Governors are all appointed for 14-year terms by the president and confirmed by congress. It operates per it's charter and laws set by congress. it is overseen by congress. There is no structure or mechanism for private ownership at this level. Board members are forbidden by law to have any economic interest in a private bank.
The 12 branches, however, are organized similar to private corporations. Member banks are required to buy shares in their branch equal to 3% of their capital. These shares get a standard 6% dividend and cannot be sold on the open market. The member banks can vote for 6 of their 9 board members. All 'profit' from the Federal Reserve branches are turned over to the Treasury at the end of the year.
http://en.wikipedia.org/wiki/Federal_Reserve
http://www.federalreserveeducation.org/FRED/?CFID=2289124&CFTOKEN=61612978 |
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What?
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Its were they keep and make money. They have them all over the US for different areas. |
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billjoio28
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its a privately owned organisation..not owned by the government.. |
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Shelly t
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the place where they make the real money not fake |
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yahoo
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Party and slush fund for the politicians....
♥yahoo♥ |
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Just Me
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The financial arm of the US government. |
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Hello
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~empty building owned by the government~ |
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