How much money would you need so you never need to work again and could live comfortably? |
Unfortunately I don't have alot of money, but I was wondering how much you would need so you could live comfortably from the interest?
What is the best way to invest this much money ... |
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Would you turn in your Gold to the government if the decided to confiscate it, like in 1933? |
Also suppose i decided not to turn it in, would there be an underground market for it?
What if i sent it to a family member in another country. Would i be able to profit from it there?... |
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I want to invest money....? |
| I am a 35 year old woman with a little extra money in the bank. I really want to do something productive with it for my future like investing it. Can anyone point me in right direction as I am ... |
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Where can I purchase 1000+gallon containers that I can burry in my back yard and fill with gasoline? |
| At $3 per gallon I still think gassoline is cheap. It's only going to get more expensive. Can I create my own personal strategic petroleum reserve? I want physical control of the oil, so I... |
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If you only had 24 hours to live, what would you do with your remaining time and why? |
| ALSO???? Would you finish your Answers session before doing what it is you would do?... |
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People I need some advice...!!!? |
Ok, I need some suggestions, if you were given $100,000 to buy and sell stocks with over the next month and a half, what
products do you think or have you heard are good investments. I really ... |
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I know i have asked this before... But, has anyone won on their premium bonds recently? |
I have still won nowt. Additional Details Tilly, that has just made me laugh so much, I do that on the first of every month too. Mind you, we have to have something to look forward to ... |
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I just inherited $100,000 and I want to invest it all in stocks! I have no clue never invested anything!? |
Additional Details I'm not interested in giving it away, entering a agreement with people on Yahoo Answers, or contacting someone through email!... |
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Where to put my money for maximum returns ? |
| fixed deposit returns from banks are very poor in comparison to value changing scene. share purchase/sale demands focus/time and expertise. Now is there any other options ?... |
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Is it such a good idea to buy stamps or coins because the dealer tell you they will increase in value? |
| They know the trade better than you. If they realy think they are going to make a big increase then why do they want to sell them to you instead of buying from you?... |
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I have some extra cash and want to buy some individual stocks. Any recommendations? |
| Please give a reason as to why this stock, or these stocks, are a good buy now. No penny stocks please.... |
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Alter Ego | Where is all the money now? The banks don't have any, the stock market has been drained, a lot of the ? |
finance institutions have gone bankrupt or appear to be on the verge of doing so. The value of many companies has been reduced by trillions of £s/ $s and so it goes on. Where is all the money? For instance the money the Icelandic banks lost, where did they put it and where is it now? |
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Charlie J
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I dunno but im more than happy to join you in your quest to find it. When we do lets split it 50/50 :)
I think Jelly belly prescott spent it on more jags :) |
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bunnykins
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Most of this money never physically existed in the first place, it's all just numbers on a computer screen.
What happened? : some idiot probably hit 'delete'. GRRRR :-( |
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telboy everton forever
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its all gone on MPs expenses and you cant get it as it is in their pockets now |
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Lily B Talus
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banks lend more than they actually have as they assume individuals will not spend up to their credit limits, people have been and cant pay it back so the banks cant replace what they've lost. |
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Dazcouz
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Someone has been burning it all! |
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John M
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Money is an interesting thing. It primarily exists because everyone agrees that it exists. We print a certain amount of currency, to represent money, but there is much more money than there is currency. So when a market decides that the value of things has fallen, the money, by mutual agreement of all parties, vanishes. Similarly, when we create something that is not intrinsically valuable, like art for example, its only by agreement that we decide its worth any money at all.
So some of the money went to the short sellers, the people that bet the price of the stocks would go down, borrowed stocks to sell, and then replaced the stocks after the price went down. That money still exists, and is wherever the short seller put that money.
But when the stock is simply sold by one person and bought by another, its by agreement that the value changed, either up or down, by exposing it to a competative market. |
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Rev Z
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Simple, if some one sells someone buys.
The assets of any business or institution are not lost.
Governments, Creditors, and Shareholders all get some.
So this bank goes out of business, another opens, or someone buys up what is left.
Yes the numbers have lots of zeros but business has yet to stop.
And if it does we go back to the beginning and barter and work our way up again. |
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d.farmiloe
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here here gnookerg got it in one, those greedy little house grabbers an 4x4 driver`s ha ha ha how the poor could become the rich? about time we had a table turn ....oh an sack those council ,police an anybody else who hid our council tax monies abroad.. an say fk you you aint aving no raise in council tax you robbers.. |
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Michael A
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Keep in mind that banks and other financial institutions only keep a fraction of what people deposit on hand as cash to pay back on demand. Most of it, let's say 90%, they loan out to other people and businesses. These individuals and businesses deposit their money in a bank which, in turn, keeps only 10% of that (loaned) money on hand and loans out the other 90%. As you can imagine, this means that a lot of money is only on paper and does not in reality exist. Only a small fraction of money actually is in paper currency or coins; the rest multiplies because banks are lending and people are spending.
But in times of crisis, people do not want to lend their money to businesses (stocks), and they might even want to withdraw it from their bank. But banks only have a small amount actually on hand, so a bank could go under by failing to pay all its depositors what they demand.
It's all a house of cards, built on mere paper, and on TRUST that the system works.
If people lose thier trust, the amount of "money" (imaginary money on paper) circulating drops, and everyone has less to share. |
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D R
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in my bank i wish then i would give to all the people how deserve it |
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Dario
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Money...is not what you have in your pocket. That little note is worth just how much your country decides it's worth. The banknote is just a "representation" of a little gold that is stored in the reserve of your own country.
Now, it's not like the money is vanishing. The real problem is that the money was not there in the first place. Just imagine you sell something to a customer who sais.."i'll pay you in 1 year" (pretty normal in the market). Now imagine that that customer does it with everyone, buying more that he could practically afford..he can, as long as he doesn't have to phisically pull out a single penny, and he thinks it's ok as he plans to earn more than he originally paid.
Now imagine everyone in the world doing it.
Before or aft..the bubble will burst.
it bursted today. |
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gnookergi
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Gone. Blame the interest only loans from the banks and the morons who took them out. |
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Dr George
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It was never real money in the first place! The current economy in my opinion is over heated and over valued which was caused by those greedy little bankers. This crisis is only in the credit market. The stock market is a daily guide as to the current value of a countries stock. It's value is only worth what someone is prepared to pay for it and what the banks are prepared to lend to give it that value. The greedy bankers have made their money now and are trying to cash out. What about us little guys? |
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llllllllllllllllllllllllllllllll
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they print some more |
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Daniel D
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Lost when the banks lent the money to people who could not pay it bank (or banks/bussinesses) it was always going to be lost. Thats the problem with the stock market one minute money can come from no where and the next lost forever. |
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H
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i have it all under my bed stuffed into socks |
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maca
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it is under someones bed? |
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betmoneyonit2
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A little melodramatic aren't you? |
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