 My stimulus check will only be $300. Where should I put it? |
| Although $300 isn't much in the stock market, but since the economy is down, some stocks are pretty cheap. I'm thinking of opening an account with Sharebuilder since there is no minimum ... |
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 Should i save money if im planning on going to....?? |
| Im a junior in highschool and im planning on moving to california were i will attend college there.. i have no relatives there so im gonna need a place to stay and a job.. adjusting there i know will ... |
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 What's an option? |
Additional Details
in the field of stock ... |
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 Investing $15000 today, can i make $1000 by next week? is it likely? |
| is it unreasonable to think that if i invest $15000 into the stock market, in a stock that is say $3.00, and it raises to 3.25, this would amount to a $1250 profit. Is this just wishful thinking, or ... |
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 Is it a good idea to start a 401k, at this point and time? |
| I am 42 and have always been uneasy about 401k's and all the other "future" security monies, for retirement funds. With everything going on, and not just the money issues but globally ... |
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 Stocks....?? smart and serious people only!? |
| What are some good stocks to invest in? i am 19 and want to put a little money into stocks. dont know what i'm doing really but good advice please?! and if u think ur being clever by writing ... |
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 I need ideas about how to invest $5000? |
| Be specific! Don't say 'stock market,' rather, give me specific stock ideas. Don't say 'mutual funds,' rather, give me a specific fund idea. Don't say 'CD&#... |
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 Whats the best non-risk Investment with £20000? |
| If you had a hyperthetical £20000 what would be the safest bet, start a small business ? invest in stocks & shares ? antiques ? It has to be invested in other than a bank. I... |
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 Reccomend a book for Investing? |
| Stocks, Mutuals, etc. All that good stuff. I learned this in class, but its not enough to give me a full understanding and not enough to make me feel like I'm ready. (Plus I didn't pay much ... |
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 I have 100 dollars to invest,what is my best bet? |
| This is all new to me and I am looking for info on who,what why where on ... |
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 What would you do with 2 grand? |
| I have 2,000 dollars that i got for a bonus from working, i want to invest but in what? any ideas guys, if you say stock can you tell me where i can buy stock? ... |
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 What is the best country to invest in.? |
| People were talking about investing in other countries such as China, Brasil, Ireland, Mongolia,,,..... |
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Melissa W | What is the best option for someone who's employer does not offer a 401K plan? |
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Joseph F
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Go to your bank and inquire about IRA plans. |
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zzgorch
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Definitely a Roth IRA. Fidelity has a program where you can forgo the typical $2500 minimum initial investment by setting up an automatic $200/month contribution. You'd be amazed at how fast your money can grow with even a relatively small monthly investment!
It might not be a bad idea to make a yearly contribution to a traditional IRA as well, you'll be able to write off a sizable amount from your taxes.
Good luck! |
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Ivana Cracker
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Why Private retirement of course! If you are a member of a school district or work at a hospital, get a 403(b), if not and IRA or Roth IRA would be ideal for you AND you get great tax advantages. If you put like $4,000 a year into a IRA, that money does not count as taxable income at the end of the year. If you want to stay more conservative and do not care about a low return, but are guaranteed that you will not lose any of your investment, go with an annuity. Or if you're are feeling a little more aggressive, try a mutual fund. Franklin Templeton has some good ones that are doing very well. Like the Franklin Templeton Growth Fund, or Franklin Templeton Founding Funds.
Try getting a consultation at a financial planners office. It should be free, don't let them charge you. We NEVER charge people just to explain it to them and give them recommendations based on their income. We make the money after you get something over a period of time. So definitely have someone help you invest and it won't cost you anything! |
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nucleusone
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Roth IRA you contribute and can pull money tax free when you retire.
IRA you contribute tax free now (deduct from income taxes), but have to pay taxes when you withdraw. (similar to 401k)
Both have benefits depending on your income. |
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Brick
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Get the maximum amount into ROTH IRA'S each year until your company or your new company has a 401K plan. Believe me some day when you are about to retire you will be very happy you made that decision since you get 100% of your money and interest back and owe no income taxes. |
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Kristy - Kaitlyn's mommy
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Your bank should offer a IRA.
I have an IRA and deposit money in it once a year. |
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hmark
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Take a certain percentage depending on your age, young (5-10%), 40's+ (15%), 50's (20%) and invest in an IRA with a bank. It's higher than a savings account, or some part of it in a CD for a certain amount of time, then re-invest at expiration.
There are multiple options out there if your company does not offer one. While it is true, a company generally contributes (add) 50% towards your your first 1-6% participation. Sometimes, the choice of stock, mutual fund, equity does not always pan out, and even though more monies are invested this way, you can also lose more money. |
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Rick K
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if your young I would go with a Roth IRA if older a traditional IRA account have a mixture of stocks and bonds and read info carefully your get from investment firm as far as fees etc |
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Poindexter
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Quitting |
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ninfasflowersngifts
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You can open a roth IRA. Your bank can help you figure out what's best for you. They can explain different options. |
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raguse7
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I....R...A.....
The IRA is the correct answer PERHAPS.. the Roth.... Do you have income...?? Cause I do believe you need reportable income to participate in the IRA--- Inquire @ a local Bank |
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michael
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seek out your own or another investment strategy (real estate, mutual funds, etc) on the net.
cheers! |
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