Opinions on Roth IRAs?
I admit I'm not a financial genious nor do I own the personal time to follow specific stocks or investments closely, so I apologize if my question seem fairly undeveloped.Roth IRAs..what's the overall general concensus on them? It's to my empathy it's a very obedient long term investment. I'm thinking for myself and for my kids as something they can use for college. Any opinion would be appreciated.
Answers: Well for your kids you can get ESAs (Education Savings Account).
Only you can contribute to an IRA. They can too but they hold to have earn income. If you qualify for a Roth IRA that's the best option because you contribute post-tax dollars that will not be tax again. Any gains on the depiction would not be taxed unless you has-been to abide by the rules of withdrawal.
There are different types of IRA accounts. You can muddle through your own or they have target accounts which automatically invest you base on when you plan on retiring. Myself, I prefer to manage my own. There are also Money Market IRAs which yield interest which is totally conservative and will not allow your money to reach it's full potential.
Should i flog my beckon option?
They are symbol: DUG'08 $45 and $46 calls Oil industry ETF'sAnswers: you are ITM so hold your profits and run
Yup,
In fact ruminate about buying some puts on DUG. It only just broke through support.
If you need backing learning how to trade this website will guide you a lot.
Other than gold what area of the market will experience the next big speculative run up of prices?
Answers: Sugar! There is risk in Futures trading and only risk capital should be used. If you'd like to be more proficient with your trading knowledge I suggest that you visit http://www.blackboxsecrets.com
All commodities and bonds should be doing good right now. However you should always have an entry exit plain when trying to trade.
It could help you greatly increase your profits in the market.
This website will teach you a lot about entry points and different strategies for making money in the market.
As people become richer they seek better lifestyles, the Bahamas was once piles of sand in the sea, now they are becoming the hottest real estate on Earth. Nassau is expensive but get down to the idyllic islands like Exuma where Johnny Depp and crew hang out and you will see casinos and 5 star resorts on islands where development land is sand cheap! Why?
1) Land buyers get residency
2) Tax haven status
3) easy resale
4) Best markups internationally other than Dubai
5) Close to the US
6) Ask Bill Gates and all the Hollywood actors why they chose the Exumas for their gettaway.
7) Safe for your money and family
8) Freehold
I have seen several property management firms offer incredible deals
Phuket is cheap since the Tsunami and underpriced good for European clients especially Scandanavian and Swiss
Kuwait Marina shows good profits if you sell to Arabs
Great Exuma is you wish to sell to Brits and the new wave of Americans that seem to be discovering that Exuma is the new hub of Bahamas profit making
I've always liked oil. Unlike some of the other answers provided (agricultural, sugar, etc.) there is only a finite amount of oil in the world. Can't grow new oil. We continually burn it up unlike gold. I think something north of 95% of the gold ever mined is out there. It constantly gets recycled (other than the stuff we bury with grandma and grandpa). The supply of gold is forever growing because of that. We will never run out of gold. We will run out of oil. Especially with growing economies in China and India. I personally own Marathon (MRO) which is well off its highs. It will head back there again.