how would you invest 29000 ,i do not want us stocks,, stocks with the sole purpose?
Question:
like chinese, europe, or asian
Answer:
Well, I can make out not wanting U S stocks, but they should be a portion of your portfolio. However, to answer your question. There are frequent funds that invest in foreign equities. To be properly diversified you should enjoy a pretty wide spread of foreign investments.
Here are some example suggestions.
IIF invests in India $5000
CHN invests contained by China $5000
SWZ invests in Switerland $3000
EWA Australia index fund $5000
EWJ Japan index fund $5000
EFA MSCI EAFE index fund $6000
All are index funds except the 1st two. They are closed shutting funds. All are traded like stocks. All hold outperformed the U S markets during the closing 5 years. However, they may not outperform the U S markets during the subsequent 5 years.
I would suggest adding a U S open market representative to the mix. Perhaps IJS or IWN
I have received completely good return on international mutual funds such as VGTSX. If you want more specific investments, look at the underlying index funds and ETF's that VGTSX is invested within.
be very secretive of investment advice from unregistered individuals. within fact, not a soul can answer this question properly short knowing your investment objectives, goals, risk tolerance, financial position, etc. my warning is to speak with a licensed investment advisor or financial planner.
Here are 2 portfolios,, 1 of great Indian stocks, 1 of great chinese stocks, adjectives that trade in the US market:
http://www.top10traders.com/viewportfoli...
http://www.top10traders.com/viewportfoli...
These are from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks near $100,000 in "play" money. Each hours of daylight the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors.
choices are aplenty when it comes to investing... one such is currency trading and available within 24 hrs a day... within are also many systems available contained by the market to provide tips as in good health but do observe their lingo and conditions.. take a look at http://www.prosignal-forex.com/index.php... for example. hope this help!
What is the difference between EQUITY SHARES & PREFERENCE SHARES??
Question:
and what is normal share????/
Answer:
Eq. sh. are those share that don’t hold any fixed rate of dividend while the rate of dividend in nouns shares is fixed by the board of directors at the time of issue
Dividend on preference shares is salaried before the dividend is rewarded to eq. sh.
Preference shares are convertible and may be converted into equity shares if provided for at the time of issue while equity shares can never be converted
Preference shares may be redeemed or refund but equity shares are brought back this medium that if you own preference share you will solely get rear the face importance of the shares but if you have eq. sh. after you get vertebrae the market convenience of the share (If u dint understand this point forget it its too complicated for scientists)
And at the time of indirect up of the company the preference share means is paid first after adjectives the outside liabilities (loans and debentures) are salaried and then the remaining funds are divided among the eq. sh. holders
And adjectives shares I am guessing are equity shares
typically shares are referred to as "common shares" and "preferred shares", although some lingo may be different between continents. to my understanding normal shares are indistinguishable as common shares.
necessarily common shares represent partial ownership within a business. typically one common share carry one vote in the company, so the majority owners of the adjectives shares control the business (ie. appoint the board of directors who in turn appoint the direction team, among other things). adjectives shares however rank surrounded by last place within the event the company goes cleaned out, so common shareholders enjoy the last right to claim any residual assets contained by the corporation after all the debtholders and preferred shareholders own been compensated off.
preferred shares are more "senior" shares than adjectives shares and often will transport a dividend but often will not get votes in the affairs of the corporation. preferred shareholders own a more senior claim on any residual assets in the event that the company go bankrupt (ie. above the adjectives shareholders but below the debtholders). note however the dividend on preferred shares is not mandatory consequently while they may look like debt, they are not contained by fact a debt instrument.
In a instrument, shareholders are like creditors to a firm e.g. command agencies and vendors. Each class own different rights to the firms assets liquid or otherwise. Preference shares are in recent times another class. Naturally, except for the Tax people, any others surrounded by the pecking order get the rewards roughly in accordance to the risk they give somebody a lift or are willing to thieve. This of course does not "prevent" ancestors from jumping ques hence the involve for corporate law to ensure "fairness".
Is Genworth Financial Contra Fund a flawless investment?
Question:
What type of investment is the contra fund? Is it too aggressive for a retired person to invest contained by?
Answer:
There was a wise saying that "the dogs of the Dow" are often the best investments surrounded by it. Stocks that seem conquered down, if the company is good, and you usually don't see them on the Dow or S&P500 list unless they are, then after a discouraging year or two, they rise more in marketplace value than the perpetually polite and stable companies. I once made a portfolio of profitable companies that lost market expediency and the next year they did a bangup opening in the marketplace. It doesn't always arise that way and some of the previous year's losers go on to lose and lost big. But that is what diversification and funds are for, something is going to fly illustrious and compensate for things that sink and stink. Genworth is a good company, I bet they would button it well.
where on earth can i use credit card to buy stock?
Question:
Answer:
Definetly not in the United States. Maybe some country contained by Africa. You can get away beside almost anything in Africa.
Why don't you of late go to the nearest casino?? You'll still repay the interest, have more fun within the process, and perhaps hold better luck.
Is this your get rich impression? If so, you need to sit down and start a unmarked plan.
www. treasurydirect.com. allows you to buy US bonds, etc.
You can't do it directly. Best you can do (if you really wanted to), would be to bring a cash finance on your credit card or write a "courtesy check" and deposit the money into a checking acct.
Then, you could write a check to the broker to buy stock.
I wouldn't recommend doing this unless you're very fitting at trading and since you're asking this question around buying stock, it appears that you just might not comparatively be ready to be throwing money away within the market.
Do yourself a favor and start by study about investing. It'll reimburse off much more handsomely down the strip. And it'll save you from digging a hole near your credit card!
Good luck!
do yourself a big favor. take your credit card and progress to a book store and buy "investing for dummies" it is a good book next to lots of info..don't every buy stock with a credit card. continue till you know more about what you are doing and hold some money saved up. own to learn earlier you can earninvesting in the stock marketplace is very rock-hard, but tons of fun
dear dinu_pawa you cant belive qty 67200@16.5?
Question:
Answer:
part liqude & trade surrounded by commodity nifty future lone
control fear & greed
check horoscope first
what is the process for buying shares lacking broker?
Question:
i wanted to own some shares am current to this field i hold done entire process and completed to know everything about shares but the individual thing m not competent to understand is after hole the DEMAT account.what is the process to buy the shares lacking brokers??
is it possible to buy the shares online without brokers?
if anyone of you know please helpme out.
gratefulness in credit..
Answer:
I'm not sure if this will help, but it sure looks similar to your question, beside an answer!
Yes and no.
Direct stock purchase, and DRIP accounts allow you buy the stock directly.
OR
you have to buy share from a brokage company. The souk has "seats" that can buy and put on the market shares. You have to repay a fee to use this service.
If you buy one of those sitting room you don't need a broker your are the broker. By the road the last one that sold be well over $1,000,000 for the right.
Broker process:
If you have a broker assisted buy it cost extra, but when you hold a online account you can simply buy a share at market price and compensate a small fee. ($7.00 to $40.00 or higher)
The point in setting up an picture is it going to be a retirement account or a everyday account.
Retirement statement:
Roth IRA (never pay taxes)
Have to be 55 or elder to withdraw the money short fees.
Unless your buying a house or become disabled or die.
Just remember if you buy that you have adequate money that the fees are a low percent ($8.00 fee / $300) = 2.6%. You will want your fees to be as low as possible for respectively buy and sell. It is at your loss if you rate a high percentage commission.
Firstrade.com
+ low fees, one of the lowest.
+ free mutual fund trading (6 month no vend period or large fee)
+ good software for research.
+ no cost to setup, free dune wire to broker narrative.
- Fee or removing funds. (most have it)
Sharebuilder.com
+ low fees may be elevated percentage
- only trade on tuesday
- illustrious fee if you want to trade presently!
You can contact companies that offer "direct stock purchase plans" for the companies that interest you. Ask for a prospectus and investor bundle and you can fill it out, distribute in money and VOILA,, you will own stock contained by THAT company.
Search online for "direct stock purchase plans" and it will give a account of many companies that sour this with out need a broker.
I assume you are writing from India. I believe you will have to hold a brokerage account. I do not believe that you can buy shares minus a broker. However, you can buy mutual funds without a broker. You can buy them directly from the mutual fund companies. For a starting out investor it is a much better method of investing because you buy diversity near just a small investment, so that one or even a few unpromising stocks will not greatly damage your investment returns.
Brokers are similar to any "middlemen". They add cost in need necessarily adding good point. One of the good things in the order of Information technology is that it disintermediates - getting rid of the middlemen as much as possible. Share trading is undergoing equal revolution. You have closely more choices now base on your knowledge and how you want to pay envelope the fees for the additional convenience added by "brokers". It has not fairly reached the stage where on earth no "brokers" are needed at all i.e. the predisposed buyer and the willing wholesaler just contest up. Someone still needs to set up council places, time and title to goods to ensure verbs transactions. That implies a cost no event how small. You still have to money. The diffeerence is micro payments. You pay smaller number with volume transaction - the reasson for the mergers and acquisitons you presently see with the world's bourses.
how suitable of an investment company is Blackrock?
Question:
i was looking to invest contained by blackrock mutual funds
in unique MDABX, MDLHX, MAVAX, and MDEFX
the bank im beside wants me to invest surrounded by a Franklin Templeton fund but i was thinking blackrock would be better
Answer:
You might ask yourself why the wall is wanting you to invest in Franklin Templeton funds. I do not know the answer to that request for information. But there could be that it is because Franklin Templeton is a larger investment firm.
Frankly, I do not believe that one should purchase a fund base on the firm that manages it. I estimate that the choice should be made on how well the out of the ordinary fund meets ones investment objectives and how in good health it has perform and its expense ratio.
Now unless you are purchasing closed end funds of these two companies, most of their funds come beside a front end nouns. There are similar funds available from other mutual fund companies that are no load. Whether a fund is a nouns or a no load is a short time ago one of the parameters to consider.
What you requirement to do is compare the particular fund to its benchmark and ask yourself, "Would I be better rotten investing in the index fund fairly than this mutual fund?"
Here is an example
MDLHX 5 yr return 4.71% subtracting sales charge
Russell 1000 growth (IWF) index 5 yr return 2.41%
The fund complex is really irrelevant except contained by terms of definite legal rights.
Pick the one next to lowest fees; your broker likely requests templeton because they get a larger commission or ongoing 12b-1 fees, or other compensation such a soft-dollar arrangements.
It is the sub-adviser who determines the behaviour of the portfolio (they implement the strategies), though that to is of limited vital as these days those can be changed pretty readily via manager-of-manager advice.
Geelooks like the company is doing great,
Blackrock IS better.
Might I suggest since the Europe flea market is a bit overextended you swap MDEFX for BROIX, it is still a blackrock fund and is fairly brand new but is managed by the 5th best portfolio superintendent in the world. This also brings down your risk by buying into a smaller quantity specific market. Best of luck!
HI I GIRI What in the region of visu international.any hot tip.i am contained by insightful trouble?
Question:
Answer:
what the heck are you talkin about?
Pl offer qty. & bu price
technicaly buy it @12 tgt 18
might be oprater's script
Liquidate & restore your health lose with Nifty or Commodity adjectives Gold oil
near help of chart
Use aptistock free software near
buy sell signal
The counselor at Visu consultants have been extremely sound in counseling, select the universities and briefing the documents needed for sending applications and training for Visa interview. The application status on Visu trellis page and also the online student queries and answers are tremendously useful to the students.
buy voltas n gayatri project(532767) n hold them 4 2 months
PLEASE CLEAR WHAT KIND OF TROUBLE YOU ARE IN ?
can any one suggest me to preserve or trade sobha developers? VLN?
Question:
Answer:
sobha closed around 930rs to-day.(20/12/06) hold this stock for long term. even I am thinking to invest 875 rank
need more information. size of property, floor on which located, location of property and whether registration have been completed or not.
present you will obtain good profit when you supply it
Sell now and reenter then.
Dear, if you are long term investor you can hold it,bazaar can fall 500 point sen sex that time shobha may be come down 5to 10%
What frequency does a verbs on an investment refer to?
Question:
Answer:
Look for the definition of the term from the source of the information you are using. Usually, the give up is the annual return on your investment.
usually it refers to an annual yield
APR.annual percentage rate,
APR and APY are two different things. APY is the annual percentage abandon, APR is the annual percentage RATE. The APY takes compounding into portrayal.
But Cato is right--yield usually refers to annually.
Frequency, how often does it pay packet. Some are annual, some semi-annual, some quarterly, and a rare few maybe monthly. It is the same issue that you ask of bank and compound interest, which banks used to be really reluctant to do.
what investment philosphy have the best track account?
Question:
Has any philosophy performed better than adjectives the rest consistently( value, growth, etc)? Do investment firms rigorously conform to one philosophy or do they do their own thing(and how successful are the ones that follow method compared to ones that do not)?
Answer:
Choosing one nouns (i.e. value, growth, international, etc.) is amazingly risky as the "best" place to have your investments change every year. For example, during periods of financial downturn, bonds and other fixed investments actually produce better returns than other investments. Of course, in attendance are other years when stocks outweigh the fixed. If you chart each "type" of investment respectively year, ranking them from highest return to lowest (which in that are charts like this out there-- I cannot come across to find one right now), the investment types jump adjectives around.
Therefore, the *best* philosophy is diversification across all types of investments. In the chart described above, a diversified portfolio will never be the unbeatable return, but it also won't be the lowest return.
I agree with the "buy and hold" strategy, but at hand needs to be some sort of rebalancing to your portfolio, or eventually, everything will be out of whack.
Index funds are fine for simplicity, but diversification is still needed. However, a properly diversified portfolio of mutual funds can pulse an index in recitation with minimal or even smaller quantity risk than an index.
Sit on an index fund.
As a matter of faxct, here can be no answer to your question. If near was a set way beside the best rtack record... everyone would invest according to that strategy, which would rob it of the lush returns.
Investment philosphy next to best track record - Buy and hold companies next to good helpfulness at a reasonable price. (per 2 of the world's most successful investors, Peter Lynch and Warren Buffett). For nearly the last 50 years, expediency stocks have be found to do better than growth stocks, but that does not mean they will do better contained by the future.
small expediency and generally adjectives international has outpaced most other category over the last 5 years or so.
I dream up the answer to your question is that you enjoy to pick your spots. When it's time for value (when a stock is cheap on a valuation basis), after it's time to be a value guy.
When a stock is beaten-down for no fitting reason, it's time to be a contrarian.
When it's time to buy a stock because it's profits are growing, it's time to be a growth guy.
If I had to pick one, I would run value. You pick up great companies that agency on the cheap and that almost always make you money. I always hold 5-10k cash to swoop surrounded by on companies I think are cheap (right presently NJ, CHL, NFLX, AAV) and it works out great.
Good Luck!!
Contrarian Investing. Look up David Dreman
In FOREX Market: Scalping is ethical or unprincipled. www.gcitrading.com sucks for sure.?
Question:
Im with GCI from olden year, and since i had focal losses i changed my trading pattern to own small profits (2-5 pips) and small losses of upto 10pips. Recently under polite volatile market condition i started making appropriate money. I achieved my day after day target but still i kept on making. After three days later i hold experienced that my account get short by 3910$. I spoke to GCI guys and come to know that i have be found of doing scalping and hence they have reversed my those both days transaction. and generate my account smaller amount by 3910$ as i was scalping beside there nurture ad not trading.
My quiz is why they havent done before as i am doing this trading outline what they call scalping from departed 6 months. So why now??
Why they havent done when i go in losses, and they could own reveresed my transaction and compensated me?
Does this reversing the trade is actually possible ?? That you can turn your three days support trades??
Somebody pls advise and lend a hand me that why they have
Answer:
I can put in the picture you the following;
This broker is "up there" with dignified spreads.
This broker appears to have a "dealing desk"... Which ability they lose money on news trades, scalping and other short permanent status transactions.
They appear to have a policy of "no scalping" (many do). What doesn't come across right is the fact that your loses are "OK", but not your winnings.
This is a hugely highly "unregulated" industry. But they do mistrust "regulation". I would put together my case & speak to a executive... You must tell them within no uncertain vocabulary that this action is inadequate & not consitant. It appears that those that scream the most win their money back (it is possible)
There are no apposite FX brokers. Only ones less unpromising than others.
I prefer a non-dealing desk broker. But they too can be very chancy.
This is one of the hardest industries to work with. 90% of the general public that try FX lose all the money contained by their accounts.
Know what you're doing before you swot more "surprise" lessons..
Hi,
Actually if the broker is honest later it doesn't matter what trading style you are using because they earn from the spread. But if the broker is dishonest and plays against its clients later he could do anything that you would lose your money. So better find other broker that is honest and allows the scalping.
If you want honest broker dub contact me by pm or e-mail and I give you the entitle of broker who allows scalping.
Good luck!
What's needed to correct art to stock broker?
Question:
If I want to become a stock broker do I just inevitability to get my Series 7 license? What else do I have need of to expect? I see many other license that are available so now I'm a bit confused.
Answer:
In most states (except California and I don`t know a few others), you can't "just get" a Series 7 license. You own to be employed by a brokerage firm, which should nominate you for the exam. Generally, you will be hired as a trainee (and paid a pittance) until you go beyond the Series 7 exam.
You will most likely inevitability a college degree, it will help out if you have have sales job in the recent past. Once hired and sponsored you will have to whip your Series 7, probably 63, and then Life and Health Insurance. This is not a undertaking like it used to be, smaller number about mortal a true "stock broker" like you see within the movies. It is hard work, long hours though the compensation is nice. You will obligation a network of inhabitants, you will need to belong to every club, or institution that you can. Meet as many ancestors of influence now so that you may phone call on them later. Good luck.
You should probably cram the ropes working for a brokerage first. You should just apply for the living, they will help you near your licenses. You necessitate a lot more than of late a Series 7 to be an independent stock broker.
There are things like BlueSky law requiring certain license, but most depends on the company you work for and what you are supposed to do for them. Series 7 is the biggie though. Don't bother with the stuff you don't entail, but if you are going with some associated beside insurance and annuity products you might have to go and get insurance licenses too--again, it depends on the company and what they expect you to trade for them.
SO is accurate except that:
You actually do not stipulation a college degree to be a stock broker. You can even be a large school drop out, as long as you can go beyond your series exams.
Do you devise that the Federal Govt is manipulate the market?
Question:
Is the government intervening contained by the stock markets? Are they propping up the US Dollar? Was the price of gas press before the elections? Are they at the rear a lot of the mysterious gold ingots selling that happens contained by NY everytime that gold tries to progress up? The Treasury and the Fed are now loaded near former Goldman Sachs employees and Goldman have just have unbelievable diary profits. They also went on transcript changing some futures trading that cause gas prices to plummet just when Paulson go to Treasury. Am I the only one that see this?
Answer:
Yes - they are!
The US regulary dumps gold on the open market in instruct to supress the gold prices, a elevated gold price is fruitless for the dollar - trouble is they are running out of gold to provide!
John Embry of Sprott Asset Management did a big report on it accusing the government of maniplatiing the gold ingots price...THEY DID NOT REFUTE A SINGLE WORD! ie. its all true!
As for the stock flea market the US is constantly proping it up - Fed Head Ben Bernanke admitted widely that there be a Plunge Protection Team - to stop the market from falling.
There hasnt be a 2% correction (fall) in the US stock souk since 9/11 - do you know what the chances are of that up?
89,000,000 to 1
need I speak more
check the sites below for more info and ask the guys who run them if you have any more question,
or IM me samkirtley@hotmail.com
The federal government is barred to trade in the stock marketplace, so don't affect it directly.
However, the Fed intervenes to affect interest rates (that is their job) to help smooth the rate of growth contained by the economy. Ptopping up the dollar is also bit of their job. They hold a lot of power -- but not as much as most culture think. Their setting of iFed Funds Rates is commonly a reaction to what the open market tells them to do. If the open market disagrees with the Fed's thinking, it will go contained by a different direction.
As for the Treasury getting people from Goldman Sachs -- near is a long tradition of sending Wall Street's best to Washington. This tradition is particularly strong near Goldman, and cuts across party lines. President Clinton also appointed a Treasury Secretary who have been chairman at Goldman Sachs.
The first interrogate caught my attention. The second question kill it. The government WANTS a lower dollar. We are trying to backing exporters sell more stuff out of the country by making it cheaper. There are several reasons for that--balance of trade renovation, increased industrial jobs, and compensation for a frequently unfavorable judgment against America abroad.
As for the staffing of treasury and related near the profitability of Goldman Sachs, consider that after those key inhabitants left GS profits rose--the senate got those who held dramatization down at GS, is a more likely scenario.
For the issue of unprocessed gas prices falling, the problem there is what? I reflect you are looking for conspiracies, or am I the only one that see this?
The government have and does influence the economy. The Federal reserve adjust interest rates and money supply, Congress adjusts levy laws to incorporate or subtract money from the economy. i the rule is propping up the dollar they are not doing that good of a career it just keep falling.
I guess the answer to your question is Yes and No.
To start next to it is not only the Government but also the Federal Reserve who is involoved surrounded by managing the economic machinery. One is politicaly motivated and the other Citizen orient. There is always a 'saddle point' between what the senate decides to do and what the Fed decide to do where in actuality the decision take place.
So for your questions policy decision made by the government and the Fed do relocate the environment, for example a decision by Fed to money interest rates will start producing changes contained by the environment with 2 camp lagged. So what you are worried going on for the government popping up dollar, government are in the hobby of governing for better life for it's citizen and strong currency policy is one of their agendas especially contained by US, Japan is an exception. Maintaining gold price is probably also their agenda since US don't resembling it's economy to overly depend on Gold after the Bretton Wood submit. They might try to intervene when the price stir out of control for miscellaneous ethical reaosns. Governments some times interfere for Paternalistic reasons too which is one charecteristics of ethical government. Oil prices started plummeting sometime before the elections. Iran arranged to lower oil prices for some explanation in the OPEC the idea unknown. Probably this reflects contained by the local economy. These sorts of change are present all the time just thing is it is see and understood solely by those who keep watching the discount on a day to sunshine basis by reading the Wall Street Joruanl, Economist, Forbes, Businessweek etc;. Americans have all the more reason now to be paranoid more or less the government interference since the Homeland Security bill be passed sometime back. Threat is a actuality some hard decision need to be taken as precutionary meassures. There is no stipulation to panic more or less it. Executive prerogatives do sometimes drive citizen to their wits end. Then probably they don't enjoy anyother visible choice gone open except what they belive is right for the occassion. As a citizen of US you might have notice as I said earlier Executive prerogatives bring roughly lot of changes contained by US, which one should be aware of to explain the doubts creeping up in ones mind.
Economic paradigm shifts is what you are conversation about and surrounded by these times of Globalized economy these sorts of change are bound to happen which have international connotations. One last point Africa is getting prosperous many parts close to Nigeria, Botswana etc; and the demand for Gold is bound to turn up and American Government as a policy don't encourage such nouns. So there is no want to panic keep hold of watching the economy and you will surely know who is doing what on what font. If you were a professional Business soul or Economist it would have beem more easier.
Former Consultant to Federal Reserve, USA.
does anyone subscribe to a investing service?
Question:
such as muathe inc. or some other ones, and do they give nouns advice
Answer:
at hand is nothing desperate about getting counsel, everyone is in the different situation, sometimes you mull over you do it right,but sometimes simple thing you don't even consider to be wrong is slowing you down ...I don't read to the people wise saying - don't listen to advice...you own to be open and listen to every proposal ,tip etc.,so you have a bigger picture..and than you can receive your own mind,take something from them or consent to it be...you have to enjoy open mind..otherwise you 'll achieve stuck in your own close circle and you can miss profoundly of opportunities - I'm describing you from own experience - I begun to trade near Forex 3 years ago. I was similar to - I will do it only by myself, bla bla bla blabut those years be just big lost after another lost..after I begun to do little scour and have found www.4xgenie.com and - sign up near them,and it worth it big time.When you use MSMS555 code when signing up you get free 3 weeks trial (no credit card needed).The biggest difference - I'm not watching flea market like crazy anymore,it is simplified in a minute. I'm getting signals buy/sell and I'm making profit finally.It is just for example to not be close to clean ideas,tips, advices. But stale course if you are genius,you can amount it all out by yourself, but I'm not a one :-)) so I used some proposal.Good luck my friend.
stay away from "advice". Invest - don't specualte or pay for others to peculate for you. ADX PEO EFA EWA IAU Build a portfolio & consent to it go.
Sure, oodles do, newly not me. Many people contained by upper and middle management of a yawning range of businesses and professional culture, especially retired professionals, use professional investment advice, including such as your company example.
Then too, one of the best things bank have going for them contained by the sale of money accounts and CDs is investment services--the frauds and blunderers send more money vertebrae to banks more carefully than hours and hours of expensive advertising. Interesting air for us all, eh?
Those types of service is a lavish of money.
There are plenty of good resources out here for free, like http://ibooyah.com