Investing money...successful? |
Waht are some good ways for teens to invest money and be successful? Any other advice?
Thanks!... |
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I'm wanting to put my money somewhere where it can earn some good interest! mutual funds or money market acct? |
| I am 21 yrs. old. I'm trying to save money for marriage and a car. I want to keep my money where it will earn some significant interest. (not like my 1% savings acct. i have now!!!) what is the ... |
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I've lost 20% of my investment!!!? |
| I'm 23 years old and was told by my financial adviser that it would be good - at my age - to invest in a more aggressive portfolio. We immediately made a good profit, but since February my ... |
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How can I make $100000 a year ? |
| I want to make at least six figures , Im willing to work hard at something . Can someone out there give me any ideas ?... |
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What are some surefire stocks to invest in and why? |
Additional Details obviously none are truly "surefire", but some are damn close.... |
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FINANCIAL DESICION. PLEASE HELP. STOCKS. ? |
hello
Yesterday i decided to buy 3 stocks.
ambac financial group (ABK) 2000 shares for $1.26 each
American insurance group (AIG) 3000 shares for $1.76 each
Freedic ... |
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A little over $10,000 just SITTING in a savings account (3.75%) for 6-8 months.....? |
| I know for sure I'm not gonna spend it for the next 6-8 months so what's the best place to put it for maximum interest gain?... |
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How should i invest $1,000 a month for the next year ? $1,000 every month? |
Hello,
I will be recieving a check for $1,350 a month until I turn 18, and I'm wanting to invest this money so later on when i need it, it will be aviable for a better ... |
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What is the best commodity to invest $900 in right now? |
| What is the best commodity to invest $900 in right now? is it crude? agric? or gold? I'm talking long term also.... |
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Plan to invest in stocks/mutual funds in ~ 1 year. Suggestions of good books for starting out/research/study? |
I've read, reading or plan to read the following materials:
1. Investopedia.com material: a bit sparse, not too detailed and informative
2. Jim Cramer's Mad Money: S... |
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lottie | Would it be feasible for an 80 year old to buy a property for invesment? |
Would there be pitfalls if an 80 year old decided to sell her portfolio and "buy to rent" a property, especially on her death? |
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Franco
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It would be quite feasible if you did not need a mortgage, but it would be a terrible decision.
First of all, at current property prices I doubt if you would be better off income wise.
Then, if you live in UK, when you sell your shares you will have to pay at least 22% tax on any capital gains exceeding £8,800, And you would have to show the calculations which are a nightmare
But worse of all, you will have all the hassle with the tenants, keeping the property in good repair inside and out, tracing absconding tenants etc. It would tax a 30 yr. old, never mind an 80 yr. old person.
In old age you want some peace and leisure, so keep your shares and if you need more income, rearrange your portfolio towards higher yielding shares. Ask a good stock broker for advice, or I would do that for you, if you wanted to contact me. |
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Red
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With cash it should be no problem ..but no bank will ever give a 80 yr old a mortgage..Only thing is watch out for Browns Interitance tax when u die .
Also if your gonna rent it who will maintain it,collect rents ,sort out troublesome tenants..
Good luck |
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kawin
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Don't spend your money. You have worked too hard and too long. Now you can take the opportunity to enjoy life.......travel.......spend time with those you love :-)
You work hard when you are young so later you can just relax and have fun. |
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Al Zymer
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Absolutely not worth the hassle, before hand, and after she dies............ |
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Ever Learn
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If she made this decision upon her death, there would be numerous pitfalls -- like, how would she sign her name? Before her death, it might be okay -- is she an agile plumber/electricial/painter/roofer? etc. etc. etc.? |
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ram
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it is never to late to invest |
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ttc_special10
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I'm not sure she would get a Buy to Let mortgage (or indeed any mortgage) to be honest... |
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ALI
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I think it will be hard for an 80 year old to obtain a mortgage on a serious note get it on someone else's name and pay them etc your son or daughter's |
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