Is it a good time to buy shares in the Royal Bank of Scotland? |
| The reason I ask is a friend is doing so and I'm curious as to whether its a wise decision.... |
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What stocks do you recommend? |
| Im going to start off with $2000 for this experiment in the stock market. I'm not interested in mutual funds or CD's. I'm looking for affordable stocks like SUNW that are currently low ... |
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They say its a good idea to invest in a retirement account, but what if I have no intention of retiring? |
| Professionals always say that retirement account are good investments because they give can give you tax deductions and the money you place in the account it not taxed and compounds in the account ... |
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How should you invest $5000.00 for maximum gain in a short time? |
| I'm looking to buy a house in the next 12 months but I want to turn $5000 into much, much more.... |
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Whats the world most expensive Watch..? |
Iv just spent £2,100 on a Omega Royal ( made in1956 by JB. Fox ) .... So whats the most ££$$..."Of The Shelf " Watch , Additional Details Holly crap ...$11 milion.... your ... |
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What are the best retirment plans for a young adult? |
| HI, i'm 19 and trying to find some information so at the end of the summer i can open some kind of retirement plan. I have researched ira's, roth ira's, mutual funds, stocks, bond, etc.... |
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What should I invest my money in? |
| I am 27 years old. What is a good program to start saving my money in so that I can retire with plenty of money to pay the bills when I get older?... |
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Can anyone give me some sound advise on currency trading? |
I have heard quite a lot about this and have seen friends making lots of money trading currencies, any advise on how to get into this type of trading without risking too much personal capital?
<... |
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If i can make profit 5% a month.would you like to invest to me? |
| i trade foreign exchange on my idle time.i have a good result.somebody tell me to make it main job by making money to other people.if there is a person trust on me i will give him or her 5% profit ... |
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Investment Advise;? |
Lets say I intend to retire in about 12 months from now. I have 50 lakhs in liquid cash. I am in need of an income of about 50,000 per month. I'm a low risk-apetite investor.
What are ... |
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alison | Where can I exchange all of my money for gold? |
Not just a certificate, but real gold, like bricks of it. I ave $50,000 I want to turn it to gold. How do I do this? |
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farfel
 |
where do you live? your best bet would be a well established precious metals dealer, dealing not only gold, but other precious metals like silver, platinum, and palladium.
i live in NYC, so i go personally to a place called MTB, located in the Financial District. i've bought with both cash and by check; you can take immediate delivery with cash; by check there's a waiting period of almost 3 weeks, but you lock in the transaction day's price.
for $50K you should be able to get a little more than 50 1-ounce Krugerrands, and i would recommend these over bars of any size, simply because Krugerrands are the most recognizable gold bullion coin in the world and are instantly accepted. you could have problems cashing in a more "anonymous" gold bar...
(unlike the other posters, i won't assume that that's the only money you have, or that you don't know what you're doing. i myself still buy silver and gold at whatever price, and keep at least 10% of my net worth in gold and silver...)
(also, if you want the actual metal, don't buy an ETF. the ETF issuer may own the gold, but you do not. an ETF share is essentially a debenture, which isn't secured by anything except the word of the issuer that it has what it has. if the issuer ever went belly up, you'd have to wait in line to get anything or nothing back. the risk of corporate incompetence or malfeasance is admittedly small, but it's still there...) |
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Common Sense
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A. Use the ETF "GLD" (all the advatages of gold without the storage fees & cost of buying the actual metal).
B. Buy gold through www.EverBank.com (the least costly way I've found to buy the actual metal).
Advice: Don't put more than 5% of your investment portfolio in gold (not more than 2% if you're not an experianced investor). |
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Ryan
 |
You can buy shares of gld |
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jerryw6@sbcglobal.net
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Why would you do this. What are you going to do if the gold prices fall sharply, like they are predicted to do. Go but a cd. Discover Bank is offering 4.35% on a short term. That's far more than gold will make you . |
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David M
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One should never put all their assets in one asset class. Especially one as volatile as gold. Why weren't you asking this question a few years ago when gold was selling for under $350 an ounce? Why is it now such a compelling investment at nearly $1,000 an ounce? Why is it investors want to buy assets after a great run up in price?
If you want to buy gold anyway, buy stocks in gold mining companies. Less transaction costs and you don't have to worry about storing it and/or insuring it.
Good luck in your investing strategy. |
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bonkie
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your best bet is probably gold coins. ive seen 10oz gold bars at the pawn shop. its all sold at market price. if you want a gold brick, youll need to make your own as theyre only used by the federal reserve |
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MM
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Ill sell ya my necklace. |
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bob shark
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Buy "GLD" a gold exchange traded fund |
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Turd Ferguson
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http://www.swissamerica.com |
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Jesus aka *Jebus* in America
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You can't. They don't offer this anymore. |
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