What are the drawbacks to investing surrounded by a foreign Certificate of Deposit?
With how the dollar isdeclining compared to most foriegn currencies, I was considering sticking it contained by a foreign European countries cd that paid deeply higher rate of return. I digit with the higer rate of return and the the currency that it would be held increasing surrounded by value compared to the dollar it would be a great situation. What are the drawbacks ? Tax implication?Answers: One drawback is currency risk. You seem to ponder that it's guaranteed that the dollar will keep diminishing. It might, but it's certainly not guaranteed. If exchange rates step the wrong way, you could lose money when the compact disc matures and you convert it final to dollars.
if it is a foreign cd, then it is not insured by the FDIC. something happens--you're screwed.
What is a good cheap stock to buy that is projected to go up in the next few months?
Answers: Well...here goes...just to prove some answers can be wrong.
Don't need to look at network programs, or yahoo or MSN Money. I have Bloomberg on 12 hours per business day. A stock I have just for fun (OK,,,and a little profit) is AHMIQ (American Home Mortgage). I put an auto buy in for .03 (cents) and once I buy it, an auto sell for .08 (cents). About once a month there is a transaction. On a larger scale I have ($$$) in financials..You know the stocks to stay away from. Yep I bought Countrywide, (they are down to $6 from $45). Also Thornburg Mortgage and even e*trade. Plus many others.
PS if anyone knew for sure what was going up or down, it wouldn't be called, "Playing the stock market".
good luck
FREE CONSULTATION !!
Alright, I dont see the problem with giving this stock tip due to the fact that we are already entirely vested and more people buying should just raise the price right? :) Ok, Silver Falcon Mining Company is my top pick for small cap (really small), high risk, high return. Our buy average came out to
.0373 / share between 12/3/07-12/6/07
and it is currently trading at
.125 / share 1/16/07
at 218% profit
It should continue to go up, they have released satisfactory updates and are on or ahead of schedule to begin production in 4 weeks.
Rating : HOLD/BUY 1/16/08
You should learn how to trade yourself instead of asking other people. There are professionals that can make 2 to 3 did-git returns every year.
You could too you just need to know some basic rules and develop your own system.
This site should help you with that.
Every other daylight a topical sandbank announces losses contained by the billions of dollars cause the stock marketplace to sink more.?
Why can't wall street and the government enforce companies and bank to announce their losses or gains maybe on the 1st and 30th of every month. get adjectives the bad word out there at duplicate time, or good communication, and then consent to the market fetch itself. this would prevent constant up and downs in the flea market. The way it is today, here is a small gain which investors get adjectives giddy about and are unaware about the huge loss they suffered yesterday and will again suffer tomorrow. Their current wall street gain are not enough to net up for the losses - this is something the media have been completely stupid almost.Answers: Huh? What has the medium got to do near it? The only piece that the media is guilty of is reporting today's report. That's their business!
US law requires public companies to disclose adjectives information that materially affects their finances. That's essential to properly functioning markets. How will investment decision be made in the fantasy of news something like companies and the economy? Even if your notion could be implemented, have it occurred to you that twice-monthly disclosures could breed volatility worse by compressing most buy and sell decision into those days? It would probably make our current problems look minor within comparison!
People who can't stomach the volatility should simply get out of the souk and put their money in money accounts. Markets don't go straight up. You can't take home money without risking it. That's how market work.
Think about adjectives the money made when the market go up or down, why would they want to stop that from happening, they are making put a bet on those billions of losses by messing with the open market. It's all a spectator sport to them, you just inevitability to figure out how they're moving it and receive in the right position.