 Which is the best investment for a 3 month 10,000 investment? |
| CDs, Corporate Bonds, Stocks, Index Funds, Money Market. Each of these I am concidering. Which one would you recommend and why? If possible, please state any risks associated with it as well.... |
|
 I just opened a Margin account....? |
| I just opened a Margin account....with Scotrade with a $2,000 minimum. I wrote a check and opened the account with $7,000 ...My broker told that because it is margin he was going to put more money ... |
|
 Will the financial crisis of 2008 change the way we do business in the markets? |
| Will any fundamentals change in the way we manage our markets? How can we prevent this from happening again?... |
|
 What is the best stock to buy for short term? |
| I am looking for a stock that was once hi and is now low. I know this could be a potential gamble. Any advice?... |
|
 Is it okay to trade Forex in America with a student visa? |
| This coming fall, I will be going to college in America. I'm not a U.S. citizen/resident, and so I'd have to go with an F-1 student visa, meaning I can hardly work there. But I was ... |
|
 With all the market turmoil, what is the best way to invest? |
I've read many internet articles about different ways to invest. Here are some of the ideas:
1. Market will tank some more - keep assets in cash
2. Market is about to rebound ... |
|
 With US and global stock markets tanking, is it better to sit on cash for now or invest it? |
If the answer is invest, then where?
Additional Details
How about an intermediate government income fund from Fidelity or Vanguard? With falling interest rates, they have returned over 7... |
|
 I wnat TO DO BUSINESS WITH INVESTMENT OF 2.5 LACS? |
| TELL THE FIELD WHERE CAN I START IN MUMBAI ONLY.... |
|
| Do you think selling Fruits online practical? Please advise.? |
Additional Details
If possible, please give some good example of a website that does this. Thanks a lot!... |
|
 Any Canadians out there who know of Canadian Investments open to USA residents? |
| I live in the USA and am interested in investing in Canada. However the TSX listed stocks and options are off limits to USA residents right now. Trying to invest and take advantage of the US/Canadian ... |
|
 Cashing out a 401K? |
How can I find out how much I would have to pay in taxes to cash out my 401K?
Do you have to pay state and federal? Can the bank do it for me or do I have to take care of it on my own ... |
|
|  |
Paul L | What should I do with my 401k? |
I left my old job and started my own business 4 years ago. My 401k is still there! I have had numerous banks and investment firms shouting give us your money! I am 47 years old, struggling to make the bills with the slow economy. Its ok eating Cherio's for now but I don't think I can chew on them in my golden years. I have asked my accountant about this and he sends me information on IRA's. They remind me of buying a new car, you get different packages with different options. Then when you get it home you find a blank spot on the dash where the option you wanted should have been! |
 |
 
jebediabartlett
|
Wow! I really wanted to answer this, but I think the combination of " Mrs.Clean" and " Erin K." did it better than I would have. ( I'm impressed...you should be, too. Seems someone cares ! ? ! ?) |
|
Mrs.Clean
 |
The old 401 doesn't even have all the options you want ( new car analogy )...log on to Fidelity and get rolled over into a self-directed IRA... then you will have ALL the options you need to improve the total balance in your " Cheerios" account.
You've got at least 13 years to work with... a decent portfolio could double two, three or even four times in that time.
Make a couple of solid cautious investments with most of the money...but " shoot for the moon" with about 20% for three years or so...get into some " sector funds" that have reasonably decent outlooks... " materials" , " emerging mkts", even a little " energy" ( or alt energy).
ANYTHING is better than leaving it lay there...doing little to " change your diet"... Don't be sitting around at 70 eating Ramen noodles because it was " just too much trouble" to put a little effort into something soooooo simple. |
|
jeff410
|
For business owners there are better options than an IRA. Look up IRS publication 560 |
|
Erin K
|
Fire your accountant...he should have been more persistent in " nagging" you. Has that 401 " doubled" in those four years ?..it easily could have !!
Don't be quibbling about details of the IRAs.. just get off the pot and do it.
In 15 years, the government won't be able to help anyone at all...make definite plans to take good care of yourself !!
...and if somewhere down the road your business makes some better " bill- paying" money...also open a ROTH IRA and get a little into that...working on a second ( tax-free) income stream in those golden years. |
|
curtisports2
|
It's usually not a good idea to leave your 401K with your employer when you leave the company, because most employer-sponsored plans have limited investment choices. A self-directed IRA rollover account gives you access to practically every mutual fund out there, plus a few other investment vehicles that employer-sponsored plans don't.
Now, who to 'give' your money to? You can make all your own choices yourself, or you can pay someone to do it for you. Naturally, everyone wants to manage your money for you. Some of them are good and very qualified and some are sharks, and it's hard to know the difference sometimes. My advice - find a fee-based financial advisor and avoid the commission-based brokers. The brokers will sell you load mutual funds and other investments that give them an upfront commission. These funds and investments also have higher management fees than no-load investments. You don't have to make money for the broker to make money. Fee-based advisors charge a small percentage of your investment portfolio on an annual basis (paid quarterly) that doesn't immediately eat up a large chunk (5% or more) of your capital, money that is no longer working. The fee people have a vested interest in seeing that you do well - the more money you have, the more they are paid.
If you don't trust anyone but don't know what to do yourself, here is what I suggest: Roll your 401K over into a self-directed IRA with Charles Schwab. Schwab's expenses are low, and you will have access to most every mutual fund out there. Be sure to buy only no-load funds. If you don't know where to start, buy exactly what you have in your work plan now - you may even be able to directly transfer what you have to the new account. If any of them are load funds (the load may have been waived for the employer-sponsored plan), don't buy them and look for a similar no-load fund to replace it. Then start studying mutual funds on Morningstar and elsewhere to learn how to invest your own money.
I use a fee-based advisor. He's a professional, I'm an amateur. He understands asset allocation, which is crucial. I understand it somewhat, but the time I'd be putting into learning is better spent doing what I do to make a living, so I leave it to the pro. |
|
bud68
|
Your accountant is right - roll it into an IRA. You then have total choice of what investment to use. |
|
twinorgans
|
The first thing you have to understand is that your golden years are just like your first years; you still will need cash!
With that said, you probably didn't know that there are Literally thousands of options available to you now, that will make you a killing in the market place. Did you know that some of the best plays in the market aren't even open to you by your broker? It's true! Brokers are not allowed to even talk about certain types of trades and investments. Why do you think things like option trading and forex investing and commodities are off limits when you talk to your broker? And yet, this where some of your best money is made! There are some people who have retired, and living their golden years, who are very good at both styles of trading.
With that, I would open up an accoun with a very good broker, such AS www.sharebuilder.com and trade in one of their etf funds. You are not going to leave it there, but this is a good resting place for now. Then, I would take the monthly income from this fund and pay some bills with it. Next, I would go to this site WWW.DAILYWEALTH.COM and subscribe to their daily newsletter. It's free so don't get scared. Then I would sit back and learn everything I could about DAILY income and trading that will make me some real money in the market.
When you are comfortable with that, I would sell off the ETF and use the money to trade like I had learned to do!
Just for the record, ANY investment can become an IRA. You don't just have to take what your employer or broker offer you. Simply set up the account, trade from it and they will take care of the paper work and tax issues!
I was once bogged down at a desk as a broker-advisor and trhis is excellent the way I live now! |
|
karenO
|
donate some money to china to build school. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 8 minutes(s) ago
| | | |
7 | 25 minutes(s) ago
| | | |
8 | 45 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
8 | 10 hour(s) ago
| | | |
3 | 2 day(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
