I know what a mutual fund is, but I'm not quite sure how it works. So how does it work? Thanks!
Answer: Basically, by investing your money to a mutual fund, your letting a fund manager manage your money hoping that your money will grow in the future. Mutual funds have risks and fees associated with […]
Walk into any bank with the money and tell them what you want to do. They will have the forms.
Answer: Well, first decide if you want an IRA or not. An IRA is a type of account, not a specific investment. You can hold CDs within an IRA.
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I want to invest in mutual funds on the internet so that I need
not pay the entry load. Can anyone advocate which is the website I should go and apply and the procedure for applying on the web. Can the payment be made by credit card.? Do they apply entry load for fixed maturity plans […]
I’m a 24 year old male in NJ. I’ve a BS in EE and have been employed for 2 years. I’m working on my MBA and am paying for about 20% of this (employer paying rest). Lets assume I make ~$70k.
I’ve no massive bills since I live with my folks. I’m still contemplating moving […]
If you’re looking for stellar returns, MSFT is not apt to be good for you. It will most likely be higher one year from now(7-05-2008) but could still go lower in the short term. My thought is that it will trade between 22 and 32 for the next 6 months. If the […]
Hi, I’m new to options. If I wanted to buy options for sweet crude oil, what ticker would I put in to find the options chain? If crude oil is at $146 and I wanted to purchase 10 contracts, how much would that cost?
Thanks in advance.
Answer: If I'm not mistaken Crude oil futures […]
Plz Suggest me Wise Advise, No stocks and Mutual Funds plz
Answer: Put 1 lakh into 5 years' fixed deposits in Bank, 50000 into Gold (biscuits not ornaments), and balance 50000 into Public Providend fund.
But I would advocate that you must consider at least debt oriented mutual funds and fixed maturity plans for Rs. 1 lakh […]
I have a concept for a “vacation & travel” idea in Haiti(-I think its similar to Sandals)I would like to take clients to the North side: Cap-Haitien to visit the 5 most interesting places, which includes 3 historical sites and two international beaches-one which has a beautiful all black sand beleived to be the resuilt […]
Is it true I have the ability to get a home a 300,000 around 100,000 and remodel it and sell it at its market value
Answer: Foreclosure is when the owner defaults on their loan (doesn't make payments anymore). The ownerhship of the property transfers to the bank, since they provided the actual loan to start […]
how to invest 200K
Answer: If you have to ask a question that simple you need to be in mutual funds.
I tell people that want such a easy answer to put it in a “life cycle” or “targeted retirement” fund to start.
I advocate those because most are fully diversified by using indexes, they are balanced […]