 Should I start to invest now or wait? |
| I am 16 and have been talking to my parents about investing some of my summer job money in the stock market.... I don't know if I should wait because of all the recession talk. What do you ... |
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 How can I make 3 Million Dollars In 3 Months? |
| I want to make this amount by the means of love driving it. I will not resort to an evil aim to acheive this amount. Is there a way to do this in this period of time?... |
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 Do you think the stock market falls will result in personal difficulty for you? |
| or is it all being overdone and only the silly banks that fooled themselves into buying each others repackaged debt recycled as growth will pay?... |
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 I am about to recieve around $3,000. I would like to put it into a savings, no stock market. What shoudl i do? |
Additional Details
I'm 19 years old so i got my life ahead of me to wait on a cd or whatever. Dont think anything could arise where i would need the money ... |
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 How does one begin a small investment from anywhere in the world with say $1500? |
| I want to make some money for the future but I'm not sure how to invest. Help! Don't get any big ideas I'm not giving away my hard earned 2 cents.... |
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 What causes stock prices to rise and fall? |
Specifically, what kind of examples would cause a company's stock price to go up?
Additional Details
you guys had good answers but i mean specifically. what would cause a stock to ... |
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 Why do they make it 99 cents instead of a dollar? |
why dont they just round prices off instead of saying $3.99, just say it costs $4
Additional Details
omg, do they really think America is that stupid? Wow, thats pretty sad. I figured ... |
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 Paulson says the financial system is sound. Really? |
| What is Paulson's definition of sound? Is he taking a page out of Clinton's book? So far two investment banks have KOed MER got saved by a long count. AIG is on the ropes. WaMu is down ... |
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 I have a thousand dollars...what can I do with it? |
| I just got about $1200 and was trying to find ways to perhaps do something with it to perhaps make more money...I guess invest in something but I don't have a single clue about the stock market ... |
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 I need to borrow money from a loan shark, can anyone help me? |
| i can't borrow from the bank or any other high street lender..........someone please ... |
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 Where do I start? |
| I am a single parent without very much income, and want to start investing, any suggestions for someone new to investing/... |
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 Can you open up more then one Certificate of deposit per bank account? |
| I want to put 10k into 5 different certificates of deposits, but are you allowed to have more then one cd per bank account?... |
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Daniel M | What is the most affordable online brokerage for the extremely small investor? |
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Marc H. Mayor
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I'd go for Interactive Brokers.
Let's make money!
Good luck
Marc |
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locuaz
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scottrade
ameritrade |
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Mark R
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I would start with Sharebuilder, ScotTrade and E*TRADE.. |
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dlmrgnk
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Scottrade hands down. |
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ipolady
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wescom as the other young lady answered, also e- trade. |
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perdidobums
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scottrade |
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mel
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Vanguard may be the cheapest.
For small investments, consider Certificates of Deposit. They are close in interest paid with T bills and T bonds.
Look at banks in your area first. Most banks will be close in interest offered. |
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joyceeleann
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Wescom Credit Union
They do everything from Banking, Investing and insurance. |
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JRockLC25
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Personally, I have been using sharebuilder.com for quite some time and love it. I am still a rather "small investor" at this time, but give you and me a few years and we'll be up with the big boys... ;o)
Sharebuilder makes it easy to invest with low fees and automatic investing. Recently, they upgraded their website to make it easy to track and transfer funds into the account. It's the perfect account for kids and adults alike. You can rather easily send money into the account or transfer funds from your bank website via a 'Bill Pay' feature. You can also send in a check...
They offer thousands of Exchange Traded Funds, mutual funds and stocks. Even their money market account, the area your cash sits in the account before you buy something, has an interest rate above 4.5% right now.
I would note however, that you shouldn't buy shares with anything lower than $200 with their "Tuesday" program [more on that in a second]. It's a minor pitfall for a first time investor, but say you get into investing $50 a week, they charge $4 or an 8% fee to buy. Rather than do a weekly purchase of $50, do a monthly purchase of $200, which is only a 2% fee.
If you stayed in the $50/week mode, you would be paying a large chunk of your cash in fees. A monthly option, depending on how much you plan to invest, might be the best way to go.
Sharebuilder allows you to invest every Tuesday for only $4. Its not a perfect way to time the market, but if you NEEDED to buy something on a Friday or whatnot, they charge a pretty large fee of $15.95 to buy. Take advantage of the Tuesday buying and make it automatic.
Depending on your age and if you make any money on the books, I would highly recommend opening a Roth IRA and fund that first before doing a regular account. Because its so easy and cheap, open both at the same time and fund both accounts! |
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ac
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if you are looking for online brokerage:
scottrade, ameritrade, sharebuilder, schwab, fidelity are pretty good. Check their websites and find out which works best for you.
If you are looking for mutual funds investment check out vanguard or trowe price. I am vanguard fanatic and will recommend them. |
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icebabe
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sharebuilder.com |
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