I asked a question this morning about investing in stocks. Someone answered buy some good companies like GE, Walmat and Staples etc and then dont touch them or look at them for 20 years. I am new to ...
i got some money i saved, its not much- its just like 100-200$ i can spend.
what can i do with it to gain more?
should i invest it? buy stocks? is it possible to invest 100$ and get more ...
It seems to me that Technical Analysis is not worth very much and can not be used to make consistent profit trading. Hedge funds and money managers that use quant methods aren't looking at ...
What should I do with my Employee Stock Purchase Plan now that I quit?
I no longer work for the company with whom I own about $3000.00 through Mellon IN vestor Services.
I just recieved a notice giving me three options:
1. Transfer all shares to a regular shareholder accout with Mellon INvestor Services.
2. Issue certificates for all whole shares
3. Sell all shares and close the account ($2.00 service fee for each transaction involving a sale. The share price per share will be an average of all the companies shares sold that day)
I have very limited knowledge on stocks. can someone help please? Additional Details I just recieved the letter, but I've had a new job for 5 months now.
By the way I am a college student.
If you are in desperate need of the money #3 otherwise #1
CHARLES S
choose no.1
will c
You should keep the stock and transfer it to a regular account brokerage account. Just make sure they dont charge any fees at all. Consider it your emergency fund but in the form of a stock. If you desperately need the money in the future, call the brokerage company and find out how to sell the stock online by yourself (about $10) instead of having them sell it for you (around $40). Assuming you dont touch the account and the business is a successful one, the value of the stock will grow over time.
redd headd
If you are going to need money or you want an emergency fund you now have that option.The last thing I would do is roll it into that brokerage as your fees to sell or purchase more would be costly. Cash never hurts to have around.
Harvey
I'd say the first thing to do is determine if the stock is worth hanging onto and decide from there...
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