 I have $4000.00 to Invest, I have six companies in mind, should i go for it? |
I want to invest in National City Corp (NCC), Fannie Mae (FNM), Freddie Mac (FRE), Quest resource Group (QRCP), American Axle & MFG HLDGS (AXL), and Lear Corp (LEA).
I feel these ... |
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 AIM shares - how can I check their progress when they're not listed? |
| I want to check the progress of AIM shares but do not know where to search as these shares are not listed on the stockmarket. Where are they listed?... |
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 Mutual funds.......advice? |
| im checking expense ratios, holdings, risk, morningstar ratings, past performance & manager tenure.......these all appear to be within the parameters im looking for...anything im missing?... |
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 Millionares Jumping out of Buildings Stock Market Crash ?? |
Why were Rich Multi-Millionares jumping out of buildings in 1929 when the Stock Market Crashed ??
I mean HOW could they had Possibly Lost everything on the Stock Market in 3 Days ( Black T... |
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 What is the smart way of picking the best stocks? |
| How people are predicting the stocks before they start move-up ?... |
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 What's a good cheap stock that is also likely to increase in value? |
If you only had $100 to spend on a stock (or, several stocks if you were going to diversify) which would you go with, with the end results that you are going for obviously being a profit?
A... |
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 Is it safe to buy mutual funds right now? |
| I am a new investor and do not have much to invest. I was comparing the two mutual funds VALUX and UMPIX, both which are MIDCAP mutual funds. However, i noticed that the initial investment for VALUX ... |
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 How best to avoid negative thinking completley. It creeps in to often in my mind? |
| when things are going fine, suddenly I start feeling "suppose soemthing goes wrong? and that bloody thing goes wrong.... |
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 I neeed help with cash!? |
how much money is this
$ 0.11700... |
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 I need to get 600 dollars...? |
| I need to get 600 dollars... I want to buy an Xbox 360 and can't get a job because i am only 14. How can I get 600 dollars fast?... |
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 Bear market portfolio strategy? |
| does anyone have ideas or websites that will provide info on bear market portfolio strategies?... |
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 I bought 50 AMD stocks about 5 years ago, should I sell or hang on? |
| The stock went down after I bought...I've been hanging on hoping that it will eventually go back up, but I wondering if I'm better off just selling and putting the money into a high ... |
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 Is Starbucks a good company to invest in? |
| Would it be wise to invest in 5 Starbucks stocks worth 20.47 each?... |
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 How do you invest in oil? |
| With predictions of $200 a barrel in two years, why not?... |
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 How much do you have in savings? |
I always wonder what the "norm" really is.
How much do you have investing in savings? in retirement? in college funds? And if you don't mind sharing, what is your age?
... |
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TG | What type of retirement account should I be in? |
I have a 401K and I'm switching jobs. Should I roll this into a Roth IRA or a traditonal IRA?
I'm 23... |
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themtmfinancialgroup
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Ideally, you will want to rollover to a self directed IRA without fees for set up, management, or transfer. While many people assume they can roll to an IRA and then to a Roth IRA, this does depend on your AGI whether or not it is allowed.
At your age, it is unlikely your earnings are high enough to prevent you from converting from an IRA to a Roth IRA, but this is something to consider and one can't assume you are eligible.
In 2010, regardless of AGI, anyone will be able to convert from an IRA to a Roth IRA...naturally this is being timed with the start of baby boomers retiring and the government would like to start collecting all of those taxes that have been deferred for years. |
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Tomel
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As already suggested, I'd roll it into a regular IRA with a reputable investment firm. Then, if I could afford the immediate tax bite, I'd switch it to a ROTH IRA. At your age, a ROTH IRA would provide significantly better results by the time you retire. With a ROTH IRA, you pay taxes on the current balance and then never pay taxes again (all the earnings and gains on your account accumulate tax-free). With a regular IRA, you don't pay taxes now, but you will ultimately owe taxes on everything you ultimately withdraw when you retire (including all the earnings and gains on the account). |
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Clark Kent
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I recall something that indicated that you might be able to move some of it into a Roth IRA, but I don't think you can move an unlimited amount. |
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bud68
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You can't roll a regular 401(k) directly into a Roth - one is pretax money and the other is after-tax money. Start by rolling it into a conventional IRA. |
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Derek (Steelers, SB champs)
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You have to roll it over into a Rollover IRA first. Then you can transfer it to a Roth IRA. You can set up a plan to convert so much at a time, which will be tax efficient, because you have to pay taxes on contributions.
You may also want to look into a high yield savings account for safety. |
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jerzii_giirl
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It depends... Do you want to pay taxes on the money now or later? Do you plan on being in a lower tax bracket when you retire or draw the funds out?
Traditional IRA contributions usually qualify for a deduction and are tax deferred until you withdraw the funds.
Roth IRA are nondeductible contributions. You pay taxes on the money you put in but if you wait until you are 59 1/2 to withdraw the earnings are tax free. That could pay off if you are in a higher tax bracket when you retire or w/d funds.
You can also use funds from a Roth IRA to use as a first time home buyer and not pay taxes when you withdraw.
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G-gal
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Considering the Dem's are going to take it either way, it doesn't really matter. |
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