How to invest a large inheritance? |
| A friend of the family has recently come into about 400k from an inheritance. He is young and uneducated. How do we go about finding advice about investing this money and finding someone that will ... |
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I have about $193,000 in cash and bonds... where should I invest it now? |
| This is not my IRA account which is heavily weighed in stock. I have this money in banks and my brokerage account. Where should it go to earn 10% or more?... |
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Anyone here able to teach me ways to make money online? |
| Im 17, and I really need to make some money. I've always been interested in money my whole life, and know I can. I need someone who has eaither done stock or other things online to make money ... |
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If you knew it took a thousand to get a 40,000 dollar car for free...? |
| This is guaranteed, not a scam... Would you find a way to come up with the money within 48 hours?... |
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Independent financial advisors - rip off or worth their cost? |
| I have always used the services of IFAs in the UK, but after 10 years the money I have invested is not worth much more than what I have put in (i.e. no growth). I have considered moving to a new IFA, ... |
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If i want to sell some shares that ive brough from the stockmarket how can i be sure they will sell ? |
| for example; if i got them on monday and by friday they had increased, how do i know that i can offload them ? is there always a guarantee that someone will buy them ?... |
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Stocks for dummies? |
| What are stocks and how can I get involved in stocks.Please explain to me because I have no ... |
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Which is better for monthly investing,mutual funds or rd account? |
I am planning to invest 2000/- per month for 10 years i.e 120 months,which will be the better option ,whether SIP in Mutual Funds or opening a Recurring Account with SBI or ICICI? Additional D... |
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I have $2,000 to invest. What should I do? |
Additional Details I'm not worried about losing the money, and would consider high risk investments. This is more of an investment adventure for me.... |
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Diggy | When is the right time to start investing money? |
I'm not talking about markets, I mean how can I tell when my personal finances will allow me to start investing? I want my money to work for me, but I'm still trying to pay the mortgage and put food on the table. |
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muncie birder
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Of course you do have to pay the mortgage. But there are other expenses that are, shall we say, descrecitionary. And food is one of them. Eating out is something that can be avoided allowing you to use that money to invest.
Quite frankly the sooner you start investing the better off you will be.
Here is the low down.
Assuming you can earn 8% annually, not an impossibilty.
$1.00 invested
after 40 years becomes $21.724
after only 30 years becomes only $10.06
after only 20 years becomes only $4.66
So you see the longer you put off investing the more money you loose. |
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Chillin, Lovin LIfe
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If I were you I would start putting aside a little of my earnings aside in order to buy shares in the Stock Market. Just start with your next check and continue to save. |
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eva
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(When is the right time to start investing money?)
When you can pay your bills and still have some to invest and are old enough to ask. |
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Doug M
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Pay yourself first. Even a little money out of your check into your 401K can make a big difference over time. The government is paying you to put money into your 401K because it is per tax money!
The sooner you start saving the faster it grows. |
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heimdahl_jr
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you might want to ask if your employer offers a 401k or another payroll deduction IRA.
it's tough to give up the cash but it's nice to start building a nest egg as soon as you possibly can. |
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floridasun5
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Its never too early to invest. And investing does not have to cost a lot. Start with $20 a week or $20 a month if thats all you have. It will build up as time goes on and its much better to invest $20 than to spend $20 on needless junk. |
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Allan G
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Alot of people do and think just like you.They think they have to wait until they have alot of lose cash around. You should not wait, start today. You can start with a very small amount to open a account and start putting a monthly amount you feel comfortable with; example $50 and set it up so it comes out out every month automatic from your checking account. This way you will not miss it and if you have some extra money some months, you can add that also. $50 you probably spend that every month on something you can do without. You will be surprised on how fast that will grow. |
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Swamy
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Wait for the cash flow to improve and stabilise. Investment comes only when the money to spare is available. If you want an investment with low investment and high returns, try lottery ticket. A small investment with potential for high returns.
Normally loans and mortgages attract higher interest than what you can expect to earn by safe investments. So, paying off debts is the best investment first. |
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