What is a biddable passageway to invest/create a nest egg for my kid?
She's 8yrs old. I wanna do something approaching get money bonds..or buy some FORD stock every week for her..(at 4 bucks a share..by time she's 18 she oughta be doing pretty good). I dunno.....any ideas?Answers: Your first route should be to fund fully a retirement account. If you do this, and you own extra cash, after one of the best things you can do is open a DRIP Plan.
Go to : low-cost-stock-recommendations
.com
Click on the "DRIP's" Button on the Navigation Bar
These powerful investment plans are seldom talk about because brokers formulate very little money when they suggest them. Yet, they hold proven to be one of the best, if not the best, long-term strategy on Wall Street.
They are watertight for small investors, as well as big investors. They are not dangerous and allow you to not care around whether the market is going up or down. They are a must for any serious investor.
If you opt you are interested in DRIP Plans, click on the ad on the same page "$4 to purchase stocks". This will answer your subsequent question, which is, How do I go and get started? and what is the least expensive path to get started?
I strongly recommend looking into it. They are great plans.
Good Luck
http://www.EasyMoneyForYears.com
If I could honestly show you a system that can
generate $1000 a morning just for returning phone CALLS
WOULD THAT BE WORTH 30 MIN OF YOUR TIME
GO TO MY WEB SITE AND LISTEN TO THE 34 MIN CALL
ON THE SECOND PAGE
for an 8 year feeble, 10 years should still be a good amount of time contained by which to build a worthwhile amount (although compound interest would have worked even better from age 0...), and i would put some amount into something specifically more or less certainly safe, resembling savings bonds and edge CDs. you should still be able to find long CDs that will rate 4+%, given the recent Fed rate decreases, and reckon about locking them contained by for the next 5-7 years...
i'd also look into putting 5-10% into precious metals, seeing where on earth the dollar is going; you just don't know how bleak the dollar will be in 10 years...
and you also want to put something into growth stocks or growth mutual funds, but unambiguously NOT Ford. american car companies are toast, as far as i'm concerned. in attendance are much better sectors to look into, similar to emerging markets, robustness care, commodities, environmental stocks, etc.
as for finicky allocations and percentages, you'll own to find your own comfort level...
Ignore the shameless plugs from culture who are trying to make money sour of you and listen to an expert (no, not me, I'm just the messenger). Below is a relation to an article from CNNMoney that talks going on for what are called 529 plans. They allow you to invest money within mutual funds and you don't pay taxes on the income like you would for owning stock (like Ford) or bonds. Regardless of what you do, mind your Ps and Qs buying stock on a weekly basis, those commission fees will supply up (usually around $10 per purchase, so $10 per week just surrounded by commissions for you, or $520 per year). That's why most small investors choose mutual funds, they don't carry purchasing commission fees. I'm glad to see you're thinking roughly college while your daughter is still young, correct luck!
Goldman sachs or NYSE? anyone work within?
my dream job is to be an investment investor at goldman sachs or a stock broker at NYSE. can anyone give me any suggestion? the work load,requirements,discharge, etc? plz help!Answers: No call for to ask questions. Getting a situation at Goldman Sachs makes you a applicant of the royal family and merely as rich.
Day trading?
What can day trading pay packet? If you are an excellent day trader and know your stuff what can you take home? I have hear millions is a small possibility.Answers: If you are good, you can produce millions. More likely is you will lose a small fortune, and be drastically loney during the process. tba
$100,000.00 USD annually (If you are recently graduate from your PhD)
$1,000,000.00 USD annually (If you are a 10 year veteran)
There isn't a limit. However...
1. It depends upon how much assets you are able to place at risk and whether or not you are trading securities near leverage.
2. After that it also depends upon the short term volatility of the market.
3. And finally... whether or not you have accurate trading discipline.
See commonsensetrading at G00GLEpages: http://commonsensetrading . G00GLEpages . com