 Where is the best place to get information about investing in foreign currencies? |
| I have been looking at investing in some foreign currencies (1 in particular), but would like to find out as much as I can before working out whether this would be a good investment or not. Where is ... |
|
 If you understand stocks please help!!!!? |
| I have a project at school and we 'got' $1,000 and we had to buy a certain number of shares. I bought Microsoft and I had 35 shares.I can't figure out if my stock went up or down. Thre ... |
|
 Document shredding is it a good investment? |
Additional Details
I am looking to start a Mobile Document Shredding Company. My investment will be about $300,000. This is to supply secure document Shredding to Big companies.... |
|
 Should I Contribute into my 401k even though they do no match anything? |
| I'm 35 have $120.00 going in monthly and thinking of increasing this to $300.00 a month is this a good idea or should I look for a different investment program since they do not match anything?... |
|
 Why sometimes the stock market opens high up or much below? |
| whats the reason tht the market somtimes opens up high enough at gap or opens at a huge downfall?... |
|
 Can someone explain a few things about the stock market to me? |
| I have semi-knowledge of it from asking people, but there are still things I'm not entirely sure of. First, how old do you have to be to start stock investing? Whether it be alone, or with adult ... |
|
 Recession? |
Do anyone believing recession coming next year?
Additional Details
What is recession and how peoples act about it?... |
|
 If you have £400 per month to invest ,what would you do ?? |
| i have no clue ,about stocks and shares ,is it something i should look into ?? i will be saving for roughly 4 years ,then at this time ,cash in and pay something off my mortgage .is the credit crunch ... |
|
 Question about FOREX? |
i am thinking about getting in to forex since the usd is so bad off right now..
i never did it before but in a nutshell anything over the usd and i would profit or no
... |
|
 Why can't I get a good business partner in Nigeria? |
| As a Nigerian, no matter how I try to work very hard and well, I never get a trustworthy partner. I lost a $1,000,000 partnership just a few days ago due to betrayal and blackmail. Where can I get ... |
|
 Are Starbucks shares worth buying? |
| With its current NASDAQ listing price, are starbucks shares worth the investment? What are some criteria that could be used to determine whether Starbucks will constitute as a good investment?... |
|
|  |
Not bilingual | What is going on with WAMU stock? |
ive been losing money on this for a year now. Am I doomed to lose all that money or have I just been getting it on sale? |
 |
 
Net Advisor
|
I think you are going to ride this one into the ground.
I am not sure where you're getting your investment advice from but I would fire that person and get someone who understands markets.
I posted last Nov 2007 that WM among others were a BK risk due to their huge mortgage exposure.
There is a rumor that JPM MAY - MAY have interest in WM. But I can tell you will certainty, and 19 years experience in the markets, that if you bought WM a year ago, it will never see that price again.
Sorry, just being honest of the reality that WM faces.
09-15-2008.
I still expect WM to be taken over by a bigger bank or by the government (FDIC). |
|
georage_1966
 |
That question cannot be answered. Why? Because no one can predict the future. WM's stock price has been sliding because, like most other banks, it has a lot of debt tied to the subprime mortgage crisis. WM, like other banks, gambled when it financed the sale of houses to risky home purchasers. These "subprime" homebuyers defaulted (did not pay) on the loans and the banks are left holding the bag ... they are saddled with worthless pieces of paper and homes that they cannot sell for anything near what the initial homeowner agreed to buy the property for.
So, WaMu, like most banks, is in a pickle. From what I have read, WaMu like most retail banks has a lot of depositors that have kept their money in the bank, and this keeps them liquid enough to keep out of a total meltdown. But, if their stock keeps getting punished, or if people start a run on the bank (withdrawing their deposits) the bank could quickly go under.
WaMu is NOT a safe place for your money, but at this point, with 90 percent of the value lost you should probably stay in and hope the price recovers over the next few years.
In general, I think any bank that survives the next 6-8 months will be on the road to a decent recovery, though it may take years.
Safer bets in the financial sector include JP Morgan or Wells Fargo, but nothing is truly safe in this environment.
|
|
Judy
|
Why have you held to WaMu stock for a year is the real question? Have you been under a rock?
WaMu will be the next one to go under. They are selling a 1 year cd at 5% interest too bad no one will ever see its maturity date. Online only.
Oops I just checked. WAMU took its 5% 1 year cd off the page. LOL
Wait, they now have an 8 month cd paying 4.25. This is insane. They are going so under soon. |
|
tritran5555(poetri)
 |
wamu might be brankrupt so eiteher withdraw $ or keep it there fcid will take over |
|
AB
 |
Well it is not looking too good. Unfortunately there is a lot of speculation out there that WAMU might be next. Just keep your fingers crossed. $2.25 per share 20 min.ago but they are still paying dividents. I would really worry if they stop doing that. Just hang in there. |
|
girlxstereotype
 |
Wamu is having a lot of trouble right now but there is a chance that Wamu will make it and not file bankruptcy. As of right now, it's 2.28 per share. Hopefully, the high interest rates that Wamu had is helping it make a comeback. |
|
nycskaboy
|
WM may very well be taken over rather than go bankrupt.. it has a retail and savings bank arm that many of the commercial and investment banks could want. |
|
MVD34
|
Yes, you are likely doomed.
The big money is betting that WaMu is going under.
That doesn't mean it will, but big money tends to get the direction of these things right.
(WM is on the same short list as Lehman and Merrill...as is AIG)
|
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 20 minutes(s) ago
| | | |
8 | 57 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
6 | 9 hour(s) ago
| | | |
7 | 1 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
