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Stock
Asked by L.M. from Atlanta
on January 6, 2007
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anyone familiar with buying stock i want to investin some stock. i was wondering if anyone wa familar with sharebuilder or etrade any of those. dont have alot to inves...
Answers
- Hi L.... I have a good friend who works for Nationwide. She's very reputable and knows a lot about investing. Let me know if you'd like me to connect you with her. Go...
- I would set up an appt. with a finacial advisor. He can help assess what your goals are and how to reach them. Some companies are Raymond James and Ass., Edwards Jon...
- I just talked to someone at Edward Jones about starting a college fund for my kids. He suggested a roth ira for any kind of money saving. I really can't remember all...
Do You Buy Stock?
Asked by H.J. from Minneapolis
on January 4, 2012
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If so how did you learn. This is something my dad did and I was looking into doing but never talked with him much about it and now he is gone :( I find myself now in ...
Answers
- DO NOT jump in and do this unless you fully understand the aspects of it. Get a financial counselor you know and trust and let someone guide you until you feel co...
- Mucking around on smartmoney.com is where I started(and set up a mock portfolio with the picks I was thinking of investing in)...and I read a few books from the librar...
- Personally, once I have money I can lose... I'm hoping to follow in my grandfather's footsteps. He bought, but he NEVER sold. He bought stocks with good history of alw...
My 11 Yr Old Wants to Buy Stock
Asked by F.C. from Los Angeles
on December 18, 2011
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So I recently open up a student saving account for my son who is 11years old, I asked my son what he like to save up to and he told me he wants to buy stock in SONY. H...
Answers
- Go to your bank, or a Financial Advisor and ask them. There are many ways to do this and buy stock. Being he is a minor, you have to be the parental sign off on it a...
- Some great advice from the other moms. I, too, would suggest seeing an investment counselor; check out E-Trade, Charles Schwab, or Fidelity. At his age, or for 1st t...
- Google "stock market simulation." You'll find a lot of simulations to help both you and your son learn about the stock market without risking anything right away. ...
Need Reccomendation on Stock Trading
Asked by T.K. from Dallas
on December 13, 2011
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I want to start buying stocks but dont know where to begin. Have you used etrade, scottrade, sharebuilder, charles swaab, or any of the other interent sites to buy an...
Answers
- I used Scottrade for a while. No hidden fees, 7 dollars a transaction.
- I use Sharebuilder. The fees are very low. We also opened an ING Savings account because you can easily move money from saving to Stocks and vice versa. I keep my m...
- I use Charles Schwab and love their site. It is "user friendly" and the transaction fee is only 8 or 9 dollars.
He Wants to Take Holiday Pictures but Not Invest in the Event.
Asked by F.O. from Boston
on November 27, 2010
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Please respond to the questions.
As some may know I'm separated, divorce hearing date is around the corner. My husband hasn't asked for visitation and recently tri...
Answers
- Does your court have mediation/arbitration? Have you had any hearings of that nature? You may want to consider getting some guidance before the divorce is final re...
- When he says to you that he wants to do this or do that, just say, "Oh, okay," and just leave it at that. Don't ask him how he is going to make it happen or when he's...
- F.- I am already divorced (have been for over 5 years now). My now ex has not seen the kids in just over two years...long, very sad story... Anyway, during the ...
Investing in Life Settlements?
Asked by J.R. from Dallas
on October 12, 2008
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Does anyone know anything about life settlements. I am looking into this because the stock market is so crazy. Life settlements seems like another safe avenue to inves...
Answers
- My husband has done a ton of research about life settlements. He thinks they are incredibly exciting. He said to give him a call if you want to ask him any questions...
- I'd highly recommend talking to a financial professional (or several) before you move money around right now. In this type of market (a bear market), usually the *saf...
- J., I do know some people who have invested in life settlements and it is a good and safe way to invest in money - although it is on the morbid side. Make sure you...
College Pre-Paid Tuition Plans
Asked by N.P. from Chicago
on April 8, 2011
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Just curious if any of you invest in a pre-paid tuition program for your children. If so, which plans? If not, how else have you chosen to invest for your child's ed...
Answers
- Yes you are wise to pull out. Dave Ramsey has some great advice about college saving plans. And he will give you specifics on how to go about it & what programs to ...
- We did the 529 and then it was closed and our money sent to a new fund. We found out the fees were much higher and after 9 years we made 2.2% total which we could have...
- We have not contributed to any “college plan” and never will because whatever money you put in that kind of plan will be considered college money when your financi...
Question About Financial Investments
Asked by A.!. from Detroit
on August 5, 2011
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What does your family invest in to bring in extra income? What has been your experiences from your investments, the pros and cons? I heard on the radio this morning th...
Answers
- Wish you lived closer...I'd refer you to a trustworthy person here that I am close to :) If you want to do something like this I would strongly suggest consulting a f...
- Equities (that's fancy for stocks) with dividends. Now is the time to buy. People have this horrible strategy of buying when the market is high and selling when the ...
- We leave these questions to a professional who knows how to manage our risk. We are very comfortable with our financial planner making those decisions for us. He kno...
Inexpensive Vacuum Cleaner Suggestions
Asked by C.M. from Chicago
on January 12, 2011
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I guess we seem to be pretty hard on vacuum cleaners so I'm always afraid to invest in a really expensive one. I am looking for the best vacuum cleaner that is under ...
Answers
- I have an Oreck. When I purchased it, it came with a separate handheld vac with a hose. The Oreck that I have does not have a hose for corners, furniture etc. The h...
- Im with Connie Spend the extra and get a Kirby. Best investment we ever made! Cleans carpet/hardwood/blinds/fans/mattresses, shampoos carpets and furniture and tons of...
- We have a Bissell Pet Vacuum upright cleaner. It has it where you can take the canister off and use it as a canister vac also. We love it. We have a dog that sheds ter...
Bright Start (IL) College Savings Plan
Asked by H.D. from Chicago
on October 27, 2010
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My fantastic dad just opened a Bright Start College Saving Plan for my daughter which I really appreciate but my question is
1-can't you lose money because they inves...
Answers
- A few quick comments: Interest in 529 plans is tax free - it is not included when you complete your annual tax forms. Every state has a 529 savings plan. The o...
- I would check out Dave Ramsey's book Total Money Makeover - he has a whole section on college savings and the best programs to use that give you the most flexibility.
- all the tv ads about Alexi Giannoulis and how he lost $75 MILLION dollars of people money for the kids college funds from Bright Start should steer you in another dire...
