What is the best channel to put together money past its sell-by date of the Dow Jones today ? ?
Which symbol should I sell short?which fund/stock mimics the Dow?
Thank you!
Answers: Go beside an ETF (exchange traded fund).
I like the proshares series, tickers:
DOG mimics the DJIA
DDM mimics the DJIA beside 2x leverage (DJIA move times 2)
DXD inverse of the DJIA with 2x leverage (Opposite the DJIA times 2)
I own 10,000.00 dollars to invest,?
I am 24 years old and dont know much going on for investing beyond IRA's, and high surrender savings. What we be a rather low risk investment that could help?Answers: Right very soon the market is taking a spanking, and $10,000 isn't alot of money.
Do you enjoy your 6 months emergency fund - will you need this money in the next 5 years?
If you hold an emergency fund already, you might just want to put your money within a "lifestyle" fund - like Fidelity 2030, which will be in command of cash, bonds and stocks surrounded by a balanced method beside the assumption that you don't need the money until the year 2030 (hence it's name) - I'm not touting Fidelity, other entities own similar funds.
What consitutes "Pattern year trading?
I understand it is defined as 4 or more round trips surrounded by a 5-day period. I assume these 4 sets of transactions would call for to be with a single brokerage. So if you hold, say, an etrade and an ameritrade reason, you could make 3 round trips surrounded by each and not be penalize for pattern sunshine trading. Am I right?Answers: Yes technically. I believe these tracks are only per brokerage.