 Day Trading Stocks vs. Forex Day Trading? |
What are the advantages/disadvantages of both, and which one can potentially be more profitable? Also, which one would be better for a beginner trader (i.e which is easier?)?
Thx a lot.... |
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 Where can I find good stock tips for short and long term benefits? |
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| My partner has decided he would like to buy some shares in Newcastle United Football Club, but we don't know how to go about doing this and how many is the minimum you have to buy.... |
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 Is there a way to be Billionaire (1000000$) in 8 month? |
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 Can a $100,000 investment produce $3000-$5000 a month? |
| I am 24 and have a injury settlement coming soon. I have little knowledge in investing but am reading many books on it, (kiplingers guide, toni turner's guide short term and day tradeing) it ... |
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 What is the Expense thing you Bought and regretted it later and thought it was a real waste of money? |
| I bought a car drove it off the lot was 5 miles from my home and the motor blew up as i was driving up a bridge!!! and when i went back to dealer he said did you not read the fine print you purchased ... |
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why not | Will this make me a millionaire? |
will, i become amillionaire, if i buy atleast $4,000.00 in I-bonds
every year for ten years,
and also if all of them are in a 3.74% interest rate.
also does anyone know how much iwould have to save every
day to become a millionaire in 10 years. including the I-bonds. |
 |
 
jp
|
You need to forget the I bonds and go with something more aggressive. At 3.74% your money will double in about 19 years so that $40000 won't be any where near your million at ten years. You would need to save somewhere around $274 a day (if not invested) along with the $4000 making 3.74% to make your million. |
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murrayc
|
why not marry one? |
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erpz15
|
no, it would take you 62 years to do that to get to a million. and y that time it would be in todays money, it would be worth around $ 159,989.72. Sorry buddy, but that would be awesome if you could do that though! I know you can! Everybody can! If every american did that, we couldnt have all the money problems we have today!
But if you invested that money in the S&P 500 index, and the S&P 500 returned 14% a year(what it averages out to) you could reach a million in 25 Years! The only problem is the S&P 500 isnt gauranteed. However, the Ibonds are. Your choice! Good luck! |
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jasonhpi
 |
Your going to have to invest a lot more than 4,000 a year to be a millionaire in 10 years. IF you invested 4,000 a year for 10 years at 4% interest your money would grow to 60,000 dollars.
You would need to save about 70,000 a year to be a millionaire in 10 years with an interest rate of 5.00% and thats if you are investing in a tax free investment. |
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MVD34
 |
Okay, seriously, you can't divide 1 million by 10 by 365?
Come on.
There is no magic in the world, only wonder.
Hard work.
Savings.
Luck.
And most people don't get there. |
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under_fire53
 |
Not if you invest it in I-bonds. There is a company which pays much higher returns (120% APY) and with them it would be possible to become a millionnaire. Check them out for yourself. |
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foreclosures101
 |
NOPE .. why not buy tax liens at 16% or more return on your money .. |
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