• Of the two which would you get more money each month when you retire?

    1. Social Security 2. An Investment Fund that you do the following a. In your 20's put 1/2 of your investment funds in small cap funds, 1/4 in mid-cap funds, 1/4 in large cap funds b. In you 30's reduce your funds in small cap funds to 1/4, putting 1/8 in mid-cap funds, 1/8 in large cap funds c. In... show more
    1. Social Security 2. An Investment Fund that you do the following a. In your 20's put 1/2 of your investment funds in small cap funds, 1/4 in mid-cap funds, 1/4 in large cap funds b. In you 30's reduce your funds in small cap funds to 1/4, putting 1/8 in mid-cap funds, 1/8 in large cap funds c. In your 40's move the rest of your small-cap funds in to your mid-cap funds and large cap funds. Half in each. d. In your 50's move half of your mid-cap funds in to corporate bonds and municipal bonds e. In your 60's move the rest of your mid-cap funds into corporate bonds and municipal bonds I suspect this question is too complicated for most people
    10 answers · 8 hours ago
  • Should I go to college if i’m trying to be a investor/entrepreneur looking to get into real estate?

    Best answer: A college degree is a valuable part of learning & growing up. You can't really get into investing & real estate without a good amount of MONEY. Unless you were born with millions, you need to EARN that money somehow. That said, i would not borrow thousands to go to college. Work your way thru even... show more
    Best answer: A college degree is a valuable part of learning & growing up.

    You can't really get into investing & real estate without a good amount of MONEY.

    Unless you were born with millions, you need to EARN that money somehow.

    That said, i would not borrow thousands to go to college.

    Work your way thru even if it takes 6-7 years.
    5 answers · 1 day ago
  • Should I make pre-tax or post-tax contributions to my company 401k?

    My coworkers are advising me to make pre-tax contributions as I will be making ~95k/yr so that my yearly gross will appear lesser and be taxed on less now. However, the growth on my investments will be taxed at the time of retirement when I cash them out. My intuition is telling me to make post-tax contributions... show more
    My coworkers are advising me to make pre-tax contributions as I will be making ~95k/yr so that my yearly gross will appear lesser and be taxed on less now. However, the growth on my investments will be taxed at the time of retirement when I cash them out. My intuition is telling me to make post-tax contributions so the growth of my investments aren't taxed at the time of retirement. On the side I have an emergency fund and am saving for a house in cash. No down payment.
    6 answers · 3 days ago
  • How should I invest my money?

    Im 25 and I have a little over 40k saved up , I want to invest my money but I have no clue what to invest in. Any recommendations? Thank you (:
    Im 25 and I have a little over 40k saved up , I want to invest my money but I have no clue what to invest in. Any recommendations? Thank you (:
    6 answers · 3 days ago
  • Can I buy and trade individual stocks in an IRA?

    I have an account with Ally and will ask them about this on Monday. I would like to open an IRA with them if I can trade stocks in it. That way it's just like normal investing except my gains don't get taxed until I turn 60. Only down side is I can't touch my money until I'm 60. Is all this correct... show more
    I have an account with Ally and will ask them about this on Monday. I would like to open an IRA with them if I can trade stocks in it. That way it's just like normal investing except my gains don't get taxed until I turn 60. Only down side is I can't touch my money until I'm 60. Is all this correct or am I missing something?
    5 answers · 2 days ago
  • Do you keep foreign currency?

    such as euro or japanese yen for saving?
    such as euro or japanese yen for saving?
    10 answers · 6 days ago
  • Best way to invest $10,000?

    9 answers · 7 days ago
  • Should you have precious metals for an emergency?

    I keep 4 months worth of salary set aside for an emergency situation. I have heard people say that one should also invest in a certain percentage of precious metals, if only to be prepared for an absolute worst case scenario. Should I keep some silver, gold, or platinum on hand "just in case"?
    I keep 4 months worth of salary set aside for an emergency situation. I have heard people say that one should also invest in a certain percentage of precious metals, if only to be prepared for an absolute worst case scenario. Should I keep some silver, gold, or platinum on hand "just in case"?
    12 answers · 1 week ago
  • How do I start buying stocks?

    Best answer: To start buying or selling stocks, you should open an account with a brokerage house such as Charles Schwab, E-trade or TD Ameritrade. You must have money in your account before you can buy shares online. They will give you a password to access their online trading site. You select the stock you wish to own and... show more
    Best answer: To start buying or selling stocks, you should open an account with a brokerage house such as Charles Schwab, E-trade or TD Ameritrade.

    You must have money in your account before you can buy shares online. They will give you a password to access their online trading site. You select the stock you wish to own and place your order with the brokerage either by phone or online electronically. During the business day, the brokerage makes the trade for you, usually within seconds. They charge you a fee for each trade, typically 6 to 10 dollars to buy or sell a “lot” of 100 shares. Of course, you can buy fewer than 100 shares if you wish.

    The shares that you buy are kept on file at the brokerage. Many companies no longer issue certificates for shares but keep track electronically.

    When and if your company issues a dividend, the money goes directly to your account.
    You can get more information at their websites.
    4 answers · 6 days ago