In a money marketplace, is a 4.1% 7-day abandon obedient?
That is on Ing Direct. My local bank offer 3.2% with "interest incurring daily". Which is better?Answers: 4.1% is wearing clothes, and better than your local bank. However, you should consider the Vanguard Prime Money Market Fund beside a current compound yield of ~4.7% APR. https://flagship.vanguard.com/VGApp/hnw/...
If you are surrounded by a high toll bracket you may prefer their tax exempt money marketplace funds: https://flagship.vanguard.com/VGApp/hnw/...
Sometimes other institutions will have a superior teaser rate, but Vanguard tends to hold the highest yield I've found over the long run. (Vanguard money markets are not FDIC insured, however.)
Article on teaser rates:
http://www.marketwatch.com/news/story/ba...
ING and HSBC commonly have rates close to Vanguard, and most of their products are FDIC insured. Bankrate.com provides links to CD's next to high interest rates. You can check these at the following links:
http://home.ingdirect.com/
http://www.us.hsbc.com/1/2/3/personal/sa...
http://www.bankrate.com/
(If you are investing for a long term of time and are willing to adopt some volatility, you should consider putting some money into no-load low-expense mutual funds. These are not guaranteed, but over the long run produce much higher returns.)
Can some one tell me how stocks work?
Answers: when you own stock, you are a part owner of a company. Your stock ownership typically allows you to vote for a Board of Directors who in turn hire the management. It does not give you ability to do any day to day management.
As the value of the company grows, the value of your stock grows. If the company makes enough money to pay out a dividend, then you also a dividend check. All of this is based up you proportional ownership.
If there are a total of 100 shares issued for ABC company and you own 8 shares, then you own 8% of the company and are entitled to 8% of the dividends paid out.
If the company was worth $1,000, then each share was worth $10 ($1,000 / 100 shares) and your investment cost you $80 ( 8 * $10).
The company has done well and is now worth $1,250 or $12.50 ($1,250 / 100) per share. Your shares are now worth $100 ( 8 shares * $12.50 / share). You should be able to sell you shares for a $20 ($100 current - $ 80 cost) profit.
Of course the value of your company can decrease too.
When you see the stock quotes in a paper, online or on TV, they are quoting the value of a single share.
You buy and sell shares through a brokerage firm. You pay them a commission for doing this. Depending upon the level of service that this firm provides determines how large their commission, give or take.
Wall Street Journal, Investors Business Daily are 2 good daily papers that will have more info for you. Check also finance.yahoo.com among many internet options.
A stock is a book entry form of ownership...I own 100 shares of a compnay which I hold through my brokerage firm (book entry). Several thousands of others hold more or less shares than I do. The total value of the outstanding shares is called the Market Capitalization of the company. The value is determined by percieved value of the company assets, performance (sales-earnings), and any developments that may/might be forthcoming.
READ THE FOLLOWING INVESTMENT CLASSICS:
The Intelligent Investor by Benjamin Graham
The Battle for Stock Market Profits or any of his other titles by Gerald Loeb
A Random Walk Down Wallstreet by Burton Malkiel
Liar's Poker by Michael Lewis
If I considered necessary to buy silver can I buy it as a stock? or do I hold to buy phsyical coins?
any advise would be appreicatedAnswers: You can do both
You can buy silver ETF (exchange traded funds) SLV, it's straightforward and they trade like stocks but follow the price of silver.
*hey guys below, appreciation for repeating my answer 9 times.
the only ways you can buy *and* own the actual silver metal are:
1. buy it outright and bring it home with you;
2. buy a qualification from a sovereign mint or open a wall account that invests your funds surrounded by metals at a bank close to everbank.com.
other posters have suggested silver ETF's, but be aware that you do not if truth be told *own* metal with an ETF, but a bit shares in the issuer specifically supposed to hold the silver it says it owns. although this may be tremendously unlikely, there is other the risk of incompetence and malfeasance on the part of the ETF issuer. an audit may reveal that the silver that the ETF is accounting for is not really here. also, if the ETF goes insolvent, you may or may not get anything backbone at all, since an ETF is back by nothing more than the creditworthiness of the issuer.