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Investing - January 2007

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ok, so january 15th, 2005 i turned 18. my grandfather had died a few years back but had left me some money when i turned 18. thats all i knew, up till now. my grandfather had a friend named elaine that was supposed to manage/maintain and give to me the money when i turned 18. so a few weeks after my birthday i recieved a note from her along with a $10,000 check. the note said happy birthday here is the money ur grandfather left you. so i gratefully deposited it and thought nothing more of it.

now in 2006 when i filed my 2005 taxes, i didnt claim the 10,000, because, well i didnt think i needed too, i though i just claimed what i earned and hr & block didnt ask me about it. i simply didnt think anything about it.

now a few weeks ago i recieved a letter form the IRS saying i owed $1,600 because my filed taxes didnt match what was reported. it reported that i had $10,000 in stock cashed. iv never had stock and didnt click that it might be the same 10,000 my grandfather left me.

2007-01-29 10:58:48 · 5 answers · asked by Calli S 2

2007-01-29 10:16:15 · 7 answers · asked by sua428 2

i want to buy stock myself but don't know what stock i should buy. Google and Apple sound good. what about Microsoft, maybe there's will rise because of the Zune and Microsoft Windows Vista? Just give me your thoughts and oppinions.

2007-01-29 08:23:23 · 10 answers · asked by pacen 1

Assuming you have a favorite. I like the Wellington.

2007-01-29 08:23:12 · 3 answers · asked by Bill Spry 4

You have already invested $350 in a stock with an annual return of 11.00%. How much of an additional $1600 should be invested at 12.00% and how much at 8% so that the total return on the entire $1950 is 10.26%?

2007-01-29 08:18:41 · 2 answers · asked by Scott L 1

I have started saving a couple hundred for retirement and want to know if i am ahead of the game or not? 30%, 50%, etc.

2007-01-29 08:13:20 · 22 answers · asked by joshjones007 1

Do I have to pay tax on all of this? This didn't happen last year so why do I have such a large figure this year? How do you explain such a huge increase (100%) in this Cap. gain dist, when I have never had to deal with this in the past?

2007-01-29 08:03:06 · 11 answers · asked by bruceprof 1

Because of stock option fraud? If the company continues to make good profits, can they fight the de-listing and bounce back, or should I sell before it's too late, although I will be losing money anyway? It's a small investment so I can take a risk if there's much hope for it.

2007-01-29 07:20:23 · 15 answers · asked by mj_indigo 5

Has anyone gotten a loan through this company? It seems very difficult to get one, and Im wondering what I have to do to increase my chance of success if I put a listing on there. Please share your experience if you know anything about this. Thanx in advance.

2007-01-29 07:07:12 · 4 answers · asked by ♥mama♥ 6

The plan requires you be 21 and I'm only 19, I invested 500 dollars into it and the 401K complany is sending me that money back, the company i work for has a policy to match a certain amount of the money invested, should I be intilted to that money?

2007-01-29 06:00:50 · 8 answers · asked by voiceofworldcontrol 2

Where can I find a "forum" or something on the stock market?

2007-01-29 05:37:34 · 6 answers · asked by Anonymous

2007-01-29 05:22:42 · 14 answers · asked by lightning 2

ributions of the holdings of those Mutual Funds? How would you know which fund to be in when? They give you the top ten holdings. How soon after a company distributes dividends to a Mutual Fund, does that Mutual Fund distribute them to you in shares?

2007-01-29 04:50:43 · 3 answers · asked by Anonymous

I just opened up a ROTH IRA but I am unsure about what to invest it. Can anyone help me!?

2007-01-29 04:13:22 · 12 answers · asked by gt3571a 1

I know that there scams out there, but has anyone used any type of investment software with proven success?

2007-01-29 04:01:21 · 9 answers · asked by Chris F 2

i have 2000 in us savings boun e series would anybody want to buy them

2007-01-29 03:53:48 · 3 answers · asked by dluvsgus 1

put aside to get his career going, and to take care of his training, and eventually retirement funds?

He is beautiful, cat fetch, play catch, jump six feet on command, and is very tolerant of anything!

How much would you be willing to invest in this stock?

2007-01-29 03:51:43 · 2 answers · asked by Anonymous

I would like to buy some stocks, but I want to do it in a cost effective and flexible way. I have been looking at Scottrade and E-Trade, but I wanted to ask people with experience. I would like to purchase stocks online. Also, I am puzzled by the saving's account that acts as an intermediary between my bank account and my investment portfolio. Are there firms that eliminate this "middleman" approach, but still provide a flexible (quick) way to purchase/sell stock. I don't plan to do day trading... most likely periodic investments (long term), though I want to make sure if I want to but a stock, I can do so quickly. Should I be looking at some other investment firms I am not aware of? Your insight is appreciated, I don't want to start out with the wrong firm.

2007-01-29 03:29:17 · 8 answers · asked by DoorWay 3

What is a mutual fund? Does it make a lot of money and how do I go about getting one? Thanks.

2007-01-29 03:08:46 · 9 answers · asked by Cat 3

what in simple lay man terms do these mean the following equity funds , debit - income fund and debit - gilt / liquid . and whats NAV figure's mean .what would be best scheme to start with in SIP

2007-01-29 03:02:27 · 4 answers · asked by Ganesh B 1

I wish to invest in mid-cap shares for a short term of 2-3 months. Can somebody suggest some very good scripts which can give good return in this short period.

2007-01-29 02:24:50 · 10 answers · asked by Alim 2

I want to make bi-weekly contributions and have maybe $300 to open the account.

2007-01-29 01:42:32 · 5 answers · asked by Brent D 1

Do I use revenues or cash inflows minus outflows (expenses, taxes etc).

2007-01-29 00:50:58 · 1 answers · asked by Leonard K 1

In Rich Dad series, one important concept that they teach is invest in assets.


......o...k...... but do you know how many years it costs for someone on a normal middle class job to save up enough in order to be able to afford buying an "asset"? Real estates are assets, but how many years is it gonna take...... your salary has to goto daily expenses....rents...gas...bills....a little entertainment on the weekends....at the end how much can you really save up so you can buy an asset? will take a long long time...pls correct me if i'm wrong, im only in my early 20's...

and also have you read "Rich Dad's Guide to Investing" ? how do you find the information in that book? useful?

2007-01-28 23:44:52 · 5 answers · asked by bobby b 2

i am looking to get into investing and where can i read up on it and get started.

2007-01-28 22:55:04 · 5 answers · asked by Anonymous

fedest.com, questions and answers