What is better to invest surrounded by, Stocks, CDs, or giant give up reserves accounts such as ING Direct or E*Trade?
I have a few thousand dollars i would close to to invest and grow. I have be told ING is good since its rate is around 4.15%, but i also see CD's that are a bit greater. Or should i invest in stocks and if so what is a worthy broker to go through..i own no idea how any of this stuff works!Answers: I would stay very well away from the stock market right presently
at least until the subsequent big crash.
ING Money market is your best bet for immediately.
go for stocks and shares , travel to your bank and ask for a brokers first name and numbers( phone). you will be better of buying now as the prices are down and once they turn up at reasonable price you can trade them you will make some well brought-up profit and if you do make some money dont forget my cut of the profit,
devout luck mate.
The 1st 2 responders both have remarkably valid answers. The main risk near the 2nd response is that the current trend may not be a temparary thing. It may verbs for some time in which defence the 1st responder has given a better answer. Since by your own acknowledgment you have no thought, take the 1st responder's warning.
get the book obtain rich and stay rich by jim cramer. it will tell you adjectives about the best places to invest your money. you can also examine his show on i think it's cnbc call mad money, it comes on at 6pm most weeknights. i've really studious alot after reading his book. he also tells you which mutual funds are the best, but if you're gonna invest contained by stock, you must do your homework before appendage, or you could really lose your you know what. good luck, another point to presume about is that money marketplace accounts are good within that you still have access to your money,but they don't hold very dignified interest rates, whereas i think near cd's and stuff you have to hang around til they mature surrounded by order not to be penalize to remove the money. you could also go talt to a reputable accountant.
Wat is growth option n dividend option in shares?
Answers: There is no growth or dividend option in shares. In mutual funds, however, you have these options.
Dividend option gives you some dividends periodically reducing your NAV (Net Asset Value) while growth option doesnt give any dividends but NAV remains intact
At the end, none of the options make a difference but its just that in dividend option you keep getting money back periodically.
In Mutual Fund only Growth Option & Dividend Option .
Always invest in Growth Option the Yield will be more compared to Dividend Option.
The option of dividend and the % is at the hands of Fund Manager. It will not be a attractive one.
Can anyone give me a brief discription of how the stock market works?
Answers: I like this description the best
http://money.howstuffworks.com/stock.htm
It works just like any other market. Some people are selling company shares. Some people are looking for a good bargain to buy. And when the buyer and the seller agree on the purchase price. Then they exchange money and company share certificates.
When the market was small. People used to yell and gesticulate wildly in order to attract each other's attention and arrange a deal. But now it's too big for that. And now people trade anonymously over the internet.
Sellers post their asking prices. Buyers post their bidding prices. And when the asking and the bidding prices coincide. Then the shares are purchased and the seller is paid. And the purchase price becomes the latest price for all shares of this company.
When many transactions happen at various prices for a given company. Then the stock price for this company fluctuates up and down in tune with the purchase prices.