Investing - December 2006

2006-12-23 09:27:53 · 3 answers · asked by Eric 1

Like a lot of people, I invested in mutual funds through one form or another in order to supplement my pension. The trouble is I don't have a degree in finance, and nobody really ever explains the intracasies of these things when you're buying them. Admittedly, I am a financial moron. OK, now my question is this. Everyone tells you not to do this, but the inate gambler in me is still sore about losing so much cash in 2001. Therefore, last August with only 8 months before my retirement, I decided to pool all my money into a volitail international/emerging market fund (Morgan Stanley Emerging Markets - MGEMX) and hoped to regain some of my loss. The fund was doing excellent till Thursday when it took a huge drop. Somebody told me the reason this mutual fund dived so low was that it was "ex-dividending." Not knowing the first thing abiout what that means I pulled all my money out and put it in a safe account till I figure what to do next. Can somebody explain to me what happened?

2006-12-23 09:27:02 · 7 answers · asked by Jumpin' Jack Flash 1

My main asset is my income, 75% of which I save every month. My secondary asset is the interest from my savings account. My main liability is my rent. My interest is steadily approaching my rent and will eventually overtake it. So why does everyone recommend that I invest my savings into property, lose my secondary asset and swap my main liability (rent) for an alternative liability (mortgage + interest on mortgage + house maintenance costs). Am I not better off renting and saving? Is this advice all based on the assumption that house prices will continue to rise and the potential returns from property speculation will outpace the increase in the monthly interest I receive from my savings? Or is there something I'm missing which shows that it is fundamentally better to use money to put down a deposit on a mortgage than invest it in a high-interest savings account?

2006-12-23 09:22:08 · 12 answers · asked by Alan L 1

However, when I look at most of the Vanguard profiles, there's a 5% load on most of them. The Wellington fund, in particular, states that it's a no-load fund, yet it has the same 5% load or up-front fee. Why is this?

I was under the impression that no-load funds were just that. Like if a person put 100K into a no-load fund, and said fund advertised a 0.5% fee, then a person would pay just 0.5% of 100k every year to own the fund (not including taxes and things like that).

I'm obviously wrong on this.. but that was my understanding.

Any help is appreciated.

2006-12-23 08:58:16 · 10 answers · asked by tlc289 4

2006-12-23 08:39:04 · 4 answers · asked by frank f 1

I'm tired of spending my money on useless things. I'm tired of watching my friends blow their money. I want to be financially secure one day.

I know $1000 isn't much, especially to have a strong portfolio, but if i learn how to work the market and at least make a little return i'll be happy.

I was considering starting an account with etrade, but i know they charge about $12-14 a trade, so after i buy and sell a stock thats about $24-28 of my money gone, plus capital gains tax.

If i sell a stock, and then buy another, do I have to pay capital gains on the return of the stock I sold?

What industry/how would you invest $1000?

Any advice would be great.

2006-12-23 06:11:00 · 14 answers · asked by Anonymous

2006-12-23 05:41:05 · 3 answers · asked by Darth Vader 6

I already received some good American Bank answers how about Canadian. The question is especially relevant now that the Income trusts in Canada are going to be taxed in 4 years.

Peace,
Merry Christmas

2006-12-23 05:39:48 · 7 answers · asked by George 3

2006-12-23 04:30:24 · 5 answers · asked by Patsroy 1

2006-12-23 03:43:16 · 10 answers · asked by KUNAL 1

I am a young kid looking into college and I enjoy the stock market but have never actually got into it. Is there a way I can get into buying stocks cheaply and being able to watch them day by day to see how they do?

2006-12-23 03:16:27 · 12 answers · asked by A.J. B 1

2006-12-23 02:35:26 · 5 answers · asked by ankit a 1

2006-12-23 02:32:44 · 8 answers · asked by KUNAL 1

2006-12-23 02:32:34 · 5 answers · asked by ankit a 1

Technical analysis of stocks is one of the many things that I know nothing almost. But I want to become a successful day trader one day.I had watched several sites like the ebay,amazon and found that the books on technical analysis are priced out of my rich. Then the softwares needed for them are priced in lakhs. I want to know the basics,the advanced and everything of this subject. Will you people help me to get the requisite knowledge and resources and guide me from top to bottom ?

2006-12-23 02:17:20 · 3 answers · asked by Anonymous

Is this one of the major signs that the US markets will take a downturn in 2007. I heard on CNBC that 6 out of 6 times the stock market has sold off in past situations like this. Any ideas? Is there any safe harbor for money (internationally) through ITF's or anything during a potential downturn. I suspect if the US market heads low, the international markets will fare even worse.

2006-12-23 00:51:58 · 4 answers · asked by LanceMiller77 2

2006-12-22 22:41:48 · 7 answers · asked by nil 1

trading regularly and correct entry and exit point, every body (clients) get very good return.

2006-12-22 20:51:09 · 5 answers · asked by shivkumar r 2

2006-12-22 19:44:56 · 1 answers · asked by Anonymous

Obviously, the goal would be maximum growth for this amount - whether that be short- or long-term. Thanx!

2006-12-22 19:10:40 · 13 answers · asked by one80924609 1

i'm new to investing and i' would like to know where to start and what do to learn how to buy and sell stocks ..if any one can help

2006-12-22 17:05:29 · 4 answers · asked by bigo b 1

2006-12-22 16:54:04 · 10 answers · asked by adam a 1

2006-12-22 16:48:18 · 11 answers · asked by mashi 2

2006-12-22 16:09:27 · 5 answers · asked by Thomas Crown 3

2006-12-22 14:56:55 · 5 answers · asked by ohio_mike 2

In my previous company, they did match it and set a cap limit of 12%. But now, there is no match and employees are allowed to deduct between 1 to 75% of bi-weekly salary. Is it worth it in long run to invest, or is it possible you can lose all this money and better off just saving it yourself?

2006-12-22 14:55:35 · 5 answers · asked by Anonymous

2006-12-22 14:28:55 · 3 answers · asked by thenewyorkunderdog 1

2006-12-22 13:52:12 · 5 answers · asked by jump13000 1

Im a stay home mom and I would to do something with my spare time, and the stock market seems interesting to me.
I live in Edmonton Alberta Canada, can someone help me out or give some advice?
Any good sites?

2006-12-22 13:30:30 · 10 answers · asked by Anonymous

2006-12-22 13:29:59 · 4 answers · asked by kat 1