 Do you expect interest rates to go up or down in the near future and why? |
How the heck do I accurately predict this?? What are the indications of falling/rising rates?
Thanks!... |
|
 Im 17 years old and have about 1500-2000 saved up.? |
| I want to save all of it and put it towards mutual funds. I dont want to open it up for some years. How much do you think it will yield and which account should i put it towards (roth or mutual)?... |
|
 If you had 65 thousand dollars....? |
| What would you do with it (seriously)?... |
|
 Why dont people just watch the tv stock trading shows to get $$$? |
| that is, why dont they just watch, say, mad money and do what the guy says to get money? im sure theyll make more than lose, after all, this chaps WHOLE JOB is to tell such advice, and he has tons ... |
|
 Can i buy and sell stocks the same day?? |
Can i sell security the same day if i bought 1hour before??
Market is volatile and we think may be price going down next day.. can we sell? i herd that you cant sell why??????/... |
|
 How do i start investing in mutual funds? |
| i am 22 and in college freshman have two children friends tell me that this is the best way to save and gain interest at high level i can afford to put away an average of 400 to 500 every month i ... |
|
 What approach does a person take to begin investing in stocks? |
| I have been looking to do this sort of thing for a while now, thru those individual investing firms like Ameritrade, E-trade, Fidelity. But, I did not want to get over my head. I have some ... |
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| My 401k is tanking! What to do? |
| I'm 28 y/o. I'm told to stay and wait it out. But I get so nervous seeing my 401k tank by more than 25%. I have investments in Fidelity Magellan which invest in AIG. And my investments in ... |
|
 What would u do if u had alot of money? |
| I am going to becoming across hundreds apon hundreds of thousands of dollars if not pass the million mark, here in the next year or so (offshore lawsuit), and i am tring to figure out what i should ... |
|
 Homework help? |
Define liquidity?
Why is it important to know if your assets are liquid?... |
|
 What is an investor? What is a trader? |
| I'd like a formal definition. How do investors decide on what stocks to invest? How does a trader decide when to trade?... |
|
 Dollar Weakness? |
| Would buying up dollars now be a good idea or will it slump even further and if so, why? Is a world recession on the horizon?... |
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LiamsMomma | What is the best way to invest $1000 for my 7 month old son's future? |
I don't want to be penalized if he chooses not to go to college, and I would like a safe, yet decent yield... |
 |
 
Common Sense
 |
So far the advice you've recived is poor. But that's what you get for looking to strangers whose qualifications and motives can never be known.
I'd suggest some investments.... but you don't know me & I don't know you... But consider this;
If your son's future means 15 or more years from now putting the money in a bank will not get the money to beat inflation. So, in effect he'll have less money in 15 years.
This is the best time for him to take a caculated risk. He can beat inflation and have some "real" money in the future.
The best way is to buy a well diversified stock mutual fund.
Some good fund families include;
T Rowe Price
Vanguard
Fidelity
There are many others. These fund companies have "no-load".... which means no sales commision to a sales rep.
Read. Read. Read. There is a book to start with;
Mutual Fund Investing For Dummies (title is not ment to be insulting).
Good luck! |
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Russell G
|
Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talked about because brokers make very little money when they suggest them. Yet, they have proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are perfect for small investors, as well as big investors. They are safe and allow you to not care about whether the market is going up or down. They are a must for any serious investor.
If you decide you are interested in DRIP Plans, click on the advertisement on the same page "$4 to purchase stocks". This will answer your next question, which is, How do I get started? and what is the least expensive way to get started?
I strongly recommend looking into it. They are great plans.
Good Luck |
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piet lul
|
buy a index fund for him, and add a little money every month. |
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robert w
|
visit dave ramsey.com to learn ur hard lessons from others mistakes.
invest in your financial education for best return of the kids money. |
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Formerly known as Frank Castle
|
Open a brokerage account at Zecco and buy Google, Microsoft, InterActiveCorp, Time Warner, Liberty Interactive Group and Yahoo! |
|
J
|
Safe and decent are really not investments that is savings.
With interest rates droping after inflation and maybe taxes you will lose purchasing power. If you insist on that route then look for a 4 or 5 year CD.
If your son's future means when he is an adult then you have 20 years to have in grow. I would recommend the Vanguard Star Fund ($1000 minimum investment). It invests in Large, small and foreign stocks and several bond funds. I put both my daughter's in those funds. see link below. There is some risk but having so many different types of investments tends to lower the risk. Remember savings risks loss of purchasing power.
If you go this route then about 5 years before you think he will need it cash it in and put the money in short term CDs. |
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heyteach
 |
You want something very safe so that means low yield. That's the way it works.
You can check into a Coverdell IRA--here's some info and of course you don't have to go with State Farm:
http://www.statefarm.com/learning/life_stages/college_fund/coverdel.asp
Some other options:
http://www.statefarm.com/learning/life_stages/college_fund/college_fund.asp |
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fourwheeler103
|
use a CD |
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