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 What amount of % would be good to save on your 401K if I'm over 35 but under 40?
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 Were is a good State to buy investment land for very cheap?
We want to invest in land for the First time, is there a state were land is very cheap, but its also a good investment ? Is it hard to qualify for a land loan.....Thanks for ...


 I'd like to get involved in the stock market. Should i open an account online?
I know nothing about the stock market besides now is a good time to pick up shares at a good price. I don't have a lot of money but the little I do have, I'd like to do something with it ...


 What stock should I Invest in?
I have a little money that a was hoping to invest into the stock market and leave in there until it could make a little money and then sell it. What stock would be a good investment?...


 Mutual funds = explain?
explain exaclty what mutual funds are, i am taking a financial peace course by dave ramsey, he says invest in a mutual fund, and i want to do that, who can i contact in south-west michigan to do that?...


 How much do you think the stock correction today had to do with Greenspans words and the housing defaults?
maybe it is just time that everybody is throwing in the towel?...


 Where can I find a relalble website on Penny Stocks ?
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 Which is best? Bank of America or Washington Mutal???
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 How to trade on forex?
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 Which one is best to invest in?
Roth IRA, Mutual funds, Stocks, ING and why? any other i dont know?...


 Can daytraders make a living?
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 Rather than just sit in the bank, what's something I can easily invest my money in so that it grows?
I don't mean a stock or something, I mean a reliable place where it is guaranteed to grow by a nice amount.
Additional Details
I'm a ...


 I want to do my own research in stock market and through which perameter i will be able to predic future price
i m MBA student. please suggest others topics related to stock market. i want to do something in research field of stock market. i got lots of data about fundamental and technical analysis but i m ...


 Where would you invest your money to avoid the volatility of the stock market?
Stocks have been crazy this past year. Most recently, five drops of over 200-points in the Dow in the past two weeks. As of this writing, the Dow is up, but most mutual funds have started this year ...


 Are you an Investing genius?
If you are, then you'll be able to explain which investment sectors are the ones worth investing in for the next six years and which investment sectors are the ones that must be avoided?
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 How can I make a million dollars fast?
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 Is it a good time to buy stocks when the market is down?
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 I want to know which web sit i should go to see about byuing and selling shares.?
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 Can Day Trading ever be a science or will it always be more of a gamble?
I like the idea of day trading, but i do not like gambling, would you consider day trading fancy gambling or do you think by using different strategies such as technical analysis or news trading, ...


 How do i read the stock quotes?
its says for nike

Last sale: $55.41

what does this mean an how much of the company do i then own?

please help
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Whimsy
What is a money market account and how do you track its activity?how is it better than stock-based mutualfund?
                     
 




Nobody
Rating
The "money market" is just what it sounds like. Some companies will find themselves short on cash on any given day, and will need to borrow some. We're talking IBM's, General Electric, etc. With a money market account, your money is essentially pooled with other people's money to make this loan... on an overnight basis. You're compensated with a rate that's tied to the short term interest rate.

As far as tracking the activity.... if you hold your money market account at a bank, you won't see all the ins and outs of the pool.. you'll just get an interest credit, probably once a month. The credit will be based on your average outstanding balance during the month... you can't game the system by putting money in there just before the calculation date.

Choosing a money market fund over a stock based mutual fund isn't necessarily better or worse, but depends on your objectives. If you want long term growth of your money (and the associated risk), a stock based mutual fund will reflect the returns of its underlying stocks. If you want your investment to be stable and income bearing, but with a limited upside, like for a rainy day fund, or if you're saving for a house, a money market account may be the way to go.

Hope this helps.


madzie
Rating
Money market accts gives you a % rate that can vary. Local bank now offers a 5.25%. This rate can go up or down but you never lose your initial investment. You can withdraw money anytime w/o any charge.
Stock based, you are charged a % to buy or when you sell. Mutual fund may go up 10% a year or you may lose 10% of your initial investment.


NC
A money market account is, essentially, an account with a mutual fund that invests in high-quality short-term fixed income instruments (U.S. Treasury bills, U.S. Treasury notes and bonds with a few months until maturity, high-grade commercial paper, high-grade corporate bonds with a few months until maturity, etc.)

A money market account is not "better" or "worse" that an equity mutual fund. It's just different. Money market accounts have low expected return and very low risk. Stock funds have high expected return and high risk.


inthewind99
Rating
I am not sure what you mean by track the activity. Usually the monthly statement will show you the activity.

Here is an article about savings accounts that might help:

http://savings-accounts.yourinfopalace.com/Articles/High_Interest_Savings_Account.php


tjdrum7
Give " COPITA " the 10 points . She got the perfect answer


copita
Rating
a money market account is like a savings account with higher interest, but you are required rto keep a minimum and you are limit to certain amount of transactions per month.

A mutual savings fund is basically letting the bank invest in the Stock exchange on different amount of companies, you may lose money but also you may make better interest, it all deppends on the risk factor you are willing to take. You will incure on penalties and high taxes if you withdraw the money.

If you are saving money for retirement or for at least 10 or more years that you are not going to need to withdraw it, then go for a mutual fund directed by a know investment company. If you have more than $10 000 on hand and probably won´t use it in less than a year or more, go for the money market.

In your local bank ask for the financial rep, he might direct you well, but he might also try to sell you the mutual fund because it is better commission for him, so watch out.


R J
money market accounts are somewhat better than savings accounts, most are dependant on some money based index, with a yield that ties to increases or losses in whichever market the fund is based on.

They have less risk than mutuals and much, MUCH less potential for earnings

which is OK if you're CLOSE to retiring.


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