Archive for Investing for Dummies
Why don't people invest in Maseratis?
I’m a total car dummy. =) I just have a question for you manly creatures out there. Why do I hardly ever see Maseratis? My BF told me they aren’t that expensive if bought pre-owned and maintenance costs aren’t over the roof, either. So, why do people settle for BMW, Mercedes, Porsche and such? After all, isn’t Maserati the upscale version of luxury?
What books would you recommend to a beginner in investing?
Similar books to "investing for dummies" e.t.c.
I would like to ask your best advice on how to make money grow?
I have 10 grand I would like to see grow as fast as possible. I have no financial savvy. What are the best ideas for investing/growing money that even a "Dummy" could do? Finance for Dummies??? lol
Is there an independent website that educates me on which NY municipal bond funds are?
best?
How about a site that educates me about the best investments that are SAFE?
I have about ,000 to invest, and I will be adding another
,000 every year. My time frame is about 10 years, at most. But I want the maximum yield that is safe, NOT risky.
I am very confused about investing, and what my options are. I want to get a general idea of the lay of the land. I have read the "Dummies" books and one "Idiot’s guide" for investing, but I’m still confused. I need a website that shows me the lay of the land in a clear, succinct manner, plus recommendations on what to buy.
The Intelligent Investor?
I’m 14 and I’m almost finished with Value Investing for dummies. Would The Intelligent Investor baffle me or can I handle it? I have the termonolgy almost down.
Investing for dummies?
I have a couple thousands dollars that I would like to invest…but I want to be able to withdrawal the money at any time and have a quick "return" on it. Any ideas??
Investing for dummies?
I am planning on going into investing. I have a little extra money and i’m still in college and i want to set up some sort of cushion for my future. I was thinking of investing but the thing is i have no idea what to do. I dont know how i can tell how much a share is, what kind of industries i should look at to invest in or how i even go about buying a share. Can someone please give me some professional advice on this because it is my money and i dont just want to throw it away. also other things i would like to know or get answered if you will is what should i be looking for when it comes to me buying stocks and stuff. Thanks a lot guys
4-Year College -vs- 8 month Job Training?
Why does society and so many parents act like the very best thing a high school student can do is go to a 4-year college and get a DEGREE …any degree …as long as it’s a "degree" and you can then call yourself a "college graduate"? The truth of the matter is that many of these college grads will NEVER produce much if anything as a ‘direct result’ of having invested 4 years of their life and a lot of other people’s money (including yours and mine usually). MANY will graduate with no real marketable skills, talents, abilities, experience or insight to enable them to do anything either for an employer or for themselves. The decent job that _some_ of them get will be in spite of and not because of their college degree.
On the other hand, those students smart enough to study a specific trade and get certified in it will have a marketable skill that will be their ticket to the good life. Their success ratio is FAR higher than the typical college grad with a generic non-specific undergrad B.S. or B.A. in something like English; history; sociology; political science; art appreciation; the humanities; etc. Today… a liberal arts education is almost worthless …UNLESS you’re using it as a ticket to a graduate program such as law school, etc.
I am only saying that education is essential to life success and there are MANY paths to getting truly educated other than the ONE path which is most touted in our society. The 4-year college/university system is the WORST choice for some …MANY of our young people and nobody wants to say it …or admit it.
By the way: Before you start making assumptions about me… I am a very successful entrepreneur, a prolifically published author; professional public speaker; producer of numerous info-products and instructional aides; forex trader; web designer; etc. …and I’ve been making money online since before MOST of you ever heard of the Internet… so don’t make the foolish assumptions others have as I continue my rants against the college myth. Yes, I am self-taught in everything I know and I am BIG on education and for me that means showing people the paths to getting truly educated rather than being just another dummy with a degree and no clue as to how to truly succeed in life.
Laid off, what are my options with my 401k?
I am a 27/F and have been contributing to my 401k since I was 23. I do not understand investment lingo very well so PLEASE feel free to dummy down the vocabulary as much as possible.
I was laid off four months ago due to the thriving economy and have to make a choice on what to do with my 401k (approx value of K). I like the company that has been handling my 401k while I was working. However since I have been laid off, I have been paying a higher maintenance fee because my account has not been moved into an individual account.
What are my choices? I do not want to cash it out (take the money and not reinvest it). I would like to keep the investments I have made (knowing the market will rebound before I retire). I know that the money I have invested is pretaxed. I guess I like this option because I know I won’t loose anything I have invested.
I have heard that I can cash out my stocks & mutual funds then buy again with some sort of other investment. (I feel if I cash out I’m somehow loosing something I have invested). This is where I get confused. I’m not sure I know what that means. Is that considered a roll over? What’s a traditional IRA and a Roth IRA and what are their similarities and differences? (It should be obvious by now that I really don’t have a clue here.)
No one close to me has a clue about this sort of thing. I would like advice from people who have nothing to financially gain from me. The only advice I was offered was to find out the maintenance fees for an individual account at the current place my 401k is at, at my bank (nationally known), and at my financial group. Choose the one who will somehow keep the most of my money (depending on my options) and the lowest maintenance fee. Was that good advice?
PLEASE HELP!