Your Questions About Investing In Mutual Funds

Charles asks…

Is there an online site where I can start investing in mutual funds, but do not need a minimum amount?

Example: Ameritrade requirs $2,000 to start.

financi4 answers:

Most brokerage firms will have basic requirements for opening an account. It is expensive for brokerage firms to open and maintain accounts,

If you know what funds you want to invest in, just contact the fund company and open an account.

Fund companies will be cheaper and do not have the large requirements of brokerage firms.

Becareful of Sharebuilder, it does not provide all the services of a regular broker/dealer nor do they provide all the products.
Cheaper is not always better.

Donald asks…

What are two great EFT and Mutual Fund investing books?

What is one great book about how to get started investing in ETFs? Mutual Funds?

financi4 answers:

The “Dummies” series of books are great for starters. There is one for mutual funds and one for ETFs.

James asks…

how do i start investing in mutual funds?

i am 22 and in college freshman have two children friends tell me that this is the best way to save and gain interest at high level i can afford to put away an average of 400 to 500 every month i already have a bank just tell me how do i start and what questions may be good to ask when talking to someone about mutual funds or tell me what other methods i can use to save money for family future (college,house,better car, ect.)

financi4 answers:

Hi. You should consider establishing three different accounts.
First, a short term “emergency” fund that you can access for (guess what?) emergencies. This is for true emergencies (lost job, illness, etc.) not foreseeable expenses like car maintenance, insurance, etc., which you should budget for separately. Most advisers recommend 3-6 month’s income saved in this first account. For now, most would recommend 25% of your available monthly should go to this account until you reach that 3-6 month saved amount, then roll this 25% of your monthly to the next category. This money should go to a short term type “investment” like a money market account; you can find several that pay about 5%.
Second, concurrently set up a longer term account to save for purchases you know you’ll be making in the 3-10 year time frame (car/grad school, vacations, etc.) You want to consider lower “risk” mutual funds for this account, since you will have a bit more time to allow for, but still benefit from, market fluctuations. You should be able to get 6-9% earnings in this type of investment. You should put 25% of your available funds into this account until you have it where you want it. Once that account is at the level you want it then excess money from this (and the pourover from first account) should all go to the longer term investment.
Third, you want to establish a long term, no touch account, for retirement. 50% of your funds go here, to be later supplemented from the pourovers of the first two accounts when they are properly funded. These investments should go to a good, diversified mutual fund that invests in “equity” (stock) in various companies. There’s a huge list of them, and sorting through them can be a real headache. The online services are good, but in my experience a bit cumbersome to use. I like to find Money or a similar magazine that has summarized the various funds, and review those results. You are looking for long term results of the fund, how long the fund managers have been in the game, and what the expenses are. You should be able to find something that will yield 12% or more over the long run. These funds should also be in a tax-advantaged account (Roth IRA is probably best. In essence you make your investments with after-tax money, but all the earnings thereafter grow tax free). You should NOT ask the bank for these recommendations; a bank is not the place for long term investments and they’ll always try to sell you their stuff first. (As an aside, NEVER invest money in an insurance policy. DON’T buy whole life, variable life, variable universal life. They are hugely expensive, and with surrender fees, etc., the investment returns are horrible. Plus, with few exceptions, you lose your savings if you die!!). Congratulations on doing so well at such a young age. FYI, $450/month from age 22 to age 65, invested at 12%, will be worth $7.6 million.

Chris asks…

Am I stupid to be investing in mutual funds?

I do have the money to invest and can afford to lose if I have to.
I have been investing in Vanguard Windsor 2 funds every two weeks since the market started declining. About $2000 a month.

I figure buy low. Is this a smart strategy?

Or am I being stupid?

financi4 answers:

You’re doing the right thing. A mutual fund is a long term investment. Count on having the money in it for at least ten years. The portfolio is going to change, so what they have in it now makes no difference. Its the fees and the long term return, because the mutual fund manager is likely to change too, that matters.

David asks…

What are the pros and cons of investing in mutual funds?

any help would be appreciated.

financi4 answers:

Pros
1. It is easier to diversity your Portfolio. It costs money every time you buy and sell an individual stock so by having a mutual fund you only have to purchase the single fund.
2. A professional decides the individual stocks that you invest in
3. A mutual fund normally invests in dozens of stocks so if one or two of the stocks do bad your losses will be minimized because the other funds may be able to cover some of those loses.

Cons.
1. There are normally load and other fees associated with mutual fund so some of the profits go back to the company offering the fund.
2. You do not have full control in the stocks that get invested in.
3. There are often redemption fees
4, If do not have as much control over the actual date/time your funds get traded at (ie stocks you can sell at a seconds notice, funds it may be a few days before the trade is finalized depending upon how the funds are being purchased and sold)

If you have the money, the time to diversify your own Portfolio and you know what you are doing you can potentially make a lot more money with stocks because you have more control over how your money is invested. If however you are not an skilled in trading, do not have a lot of money to diversify your Portfolio or the time to monitor your stocks funds may be a better option.

Steven asks…

Is it best to keep my 401K in a money market sweep at this time, or should I start investing in mutual funds ?

financi4 answers:

Don’;t do anything until we know who the next president will be.

If it is obama, most predict that the stock market(which is mutual funds) will tank if he is elected the very next day.

Edit- honeslty i think that mutual funds suck. You got hidden fees and such. There are thousands of them and often they don’t perform to the 20 % as they will tell you that they will do.

Robert asks…

What should I be concerned about right now by investing in mutual funds that primarily buy bonds?

financi4 answers:

Inflation. Bond yields are low (for a time of inflation &more likely) because bonds are a safe place during stock market stress. At some point, bondholders will not be satisfied with 4percent yields, with inflation at 9?percent. To get yield up to 9? Percent, bond prices will fall.
4 percent is about what 10yr. Treasuries are paying. There are higher yielding bonds, of course – with more risk. Same will happen to them, though – you’ll still get the yield you bought into, but new buyers will want higher yield. Yield up, price down – your bond holdings will lose value.
Buy bonds when inflation is fully priced into the yields – after the stock market loooks safe again

Thomas asks…

Is it good time to put money in mutual funds?

After playing in stock market for a month, I had fun doing it. Had some good and bad days. I realized that I do not wish to play in it any longer because I’d have to keep my eye on it each day which I did not find it very comforting. Now my question here is that with economy changes with Government spending cuts, how does that reflect on mutual funds investing in going forward?

financi4 answers:

Mutual funds are still an excellent choice for people who want to be in the stock market long term, and also diversified in a vehicle with low costs. It’s also ideal for those who don’t have all day to pour over financial and technical analysis all day. You can get far more diversification, especially those not investing huge amounts of money, than you can trying to pick individual stocks.

There are of course numerous selections with more conservative and more aggressive options; you could choose the Total Stock Market Index, or more specific funds like small or mid-cap, internationals like Emerging Markets, Europe or the Pacific, as well as industry specific like Energy, Health Care etc.

Of course where you invest is also extremely important.

Many places will hit you with high front end sales loads, ripoff 12b-1 fees and stiff expense ratios. That could rob you of potentially tens or even hundreds of thousands of dollars over your working career. If you want to see a demonstration of this, look at https://personal.vanguard.com/us/insights/investingtruths/investing-truth-about-cost and compare.
Some of the best are Vanguard, T. Rowe Price, Fidelity, and Schwab. Avoid the big banks no matter what, and let some other sucker pay their high loads and fees.

Do some research, like read some good books like Mutual Funds for Dummies.

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Your Questions About Which Of The Following Is Not A Part Of Comprehensive Income

Joseph asks…

Can you review my answers Accounting Please Thank in advance…?

which of the following is not a part of comprehensive income? is it b
a. foreign currency items
b. restricting charges
c. unrealized gains and loses
d. pension liability adjustments

which of the following is a none cash investing and financing activity (is it D )
a payment of a cash dividend
b.payment of a six month note payable
c.purchase of merchandise inventory on account
d.issuance of common stock

the statement of cash flows may be issued by management to ( is it A )
a. assess to asses liquidity
b. assess the major policy decision involving investment and financing
c.determine a dividend policy
d.do all the above

Which of the following should be deducted form net income in calculating net cash flow from operating activities using in the direct method ( is it B)

a. depreciation expense
b. amortization premium on bond payable
c. a loss on the sale of equipment
d.dividends declared and paid

On the statement of cash flows the cash flows from operating activities section would include IS IT (B?)
a. receipts from the issuance of capital stock
b. payment for interest on short term notes payable
c. payments for the acquisition of investments
d. payments for cash dividends

financi4 answers:

Here’s my best guess:

which of the following is not a part of comprehensive income?
B. Restricting charges

which of the following is a not a cash investing and financing activity
b.payment of a six month note payable

the statement of cash flows may be issued by management to
d.do all the above

Which of the following should be deducted form net income in calculating net cash flow from operating activities using the indirect method
b. Amortization premium on bond payable

On the statement of cash flows the cash flows from operating activities section would include
b. Payment for interest on short term notes payable

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Your Questions About Stocks And Bonds For Kids

Charles asks…

getting married to a divorced father of a 8yr old need some legal advice?

getting married soon to a wonderful man but he has a money loving exwife with his child so i need some help.we live in new york state.how can we make sure all his policies are up to date?does he need a will or if my name is on everything is that good enough?i have alot of money in stocks/bonds so do i need to do anything to protect that?can anyone tell me what other stuff we need to do when marrying a man with a crazy exwife(with a kid) who is out for every penny she can get?what do i need to do to protect myself and future children?

financi4 answers:

If you have stocks and bonds I suggest you get a prenuptial agreement because once your married your income can be counted as his also and that means his child support payments will go up, according to your combined income together. Just explain this to him and I sure that he will be more than willing to sign one.

David asks…

How can i tell my ex-girlfriend NOT to come back to my house because she is pregnant with another guys baby?

So she broke up with me and its been about a year now. I gave her a very nice life when she lived with me in my house. She didn’t have to work, just keep the house clean as this was her choice, she could of work also but i gave her the option to do what she wanted. I worked (my own business) and made enough for us to live very good and have made over 1 million dollars from stocks and bonds and i took care of the bills and our two cars. I have a house in Los Angeles. Well she and her girlfriends went out to a bar while i was at work and she met a guy who just got out a divorce with 3 kids. She ended up breaking up with me and moved with him to San Francisco. There was no phone call or sit-down conversation or anything explaining why she left. She just came home one day and said she was leaving me. Well monday she called saying that she was pregnant (we haven’t spoke in 6 months). I was like umm congrats but i have to go now. She started crying and said she needs my help? I was like umm come again? She said her boyfriend was going to prison because sunday he got CAUGHT selling hardcore drugs to undercover cops and he is facing 5 years in prison (2nd offense) because of the load of drugs they found on his car. She is crying for me to let her come back and live the nice life she took for granted and acourse we all know girls like the badboys until he is to bad and then they always come back to the nice-guys as an second option when things dont work out with the badboy. I know this isn’t my baby because she never wanted to have sex with me and every-time i tried she would push me away but then she goes out and meet this guy and ended up having sex with him that week? Oh-well i guess that’s just another rule on why nice guys shouldn’t be nice guys. She said she is coming down this weekend and i told her NO GO TO A SHELTER OR PARENTS HOUSE! But if she does come where can i direct her to because she sure aint staying with me again?

financi4 answers:

Hang a note on the door with contact information for local cabs and hotels, lock up, and make yourself scarce.

Ken asks…

How can i tell my ex-girlfriend NOT to come back to my house because she is pregnant with another guys baby?

So she broke up with me and its been about a year now. I gave her a very nice life when she lived with me for 2 years in my house. She didn’t have to work, just keep the house clean as this was her choice, she could of work also but i gave her the option to do what she wanted. I worked (my own business) and made enough for us to live very good and have made over 1 million dollars from stocks and bonds and i took care of the bills and our two cars. Were were not married but getting there. I have a house in Los Angeles. Well she and her girlfriends went out to a bar while i was at work and she met a guy who just got out a divorce with 3 kids. She ended up breaking up with me and moved with him to San Francisco. There was no phone call or sit-down conversation or anything explaining why she left. She just came home one day and said she was leaving me. Well monday she called saying that she was pregnant (we haven’t spoke in 6 months). I was like umm congrats but i have to go now. She started crying and said i need your help? I was like umm come again? She said her boyfriend was going to prison because sunday he got CAUGHT selling hardcore drugs to undercover cops and he is facing 5 years in prison (2nd offense) because of the load of drugs they found on his car. She is crying for me to let her come back and live the nice life she took for granted and acourse we all know girls like the badboys until he is to bad and then they always come back to the nice-guys as an second option when things dont work out with the badboy. She said she is coming down this weekend and i told her NO GO TO A SHELTER OR PARENTS HOUSE! But if she does come where can i direct her to because she sure aint staying with me again?

financi4 answers:

Unfortunately for her, you are going to put up with her crap again. I suggest, like you said directing her to her parents house or a shelter. If she does not leave and gets mad at you, simply call the police, tell her you shouldn’t of left me for an idiot, you screwed up and its your fault not mine, reality check.

Daniel asks…

If I die is my EX wife entitled to sue my current wife for Money or Possessions?

I have been married to my current wife for 3 years. We have a two year old child together. I have 2 sons from a previous marriage. They are 5 and 12.

I want to make a Will out and I am just wondering if the ex is entitled to anything on my kids behalf.

I don’t really have many possessions. We own one vehicle. We don’t own a home or any stocks or bonds or anything like that. I have no savings account.

I do have an action figure collection that my wife and I share. It does have some value.

I do have a life insurance policy through my job. And I do have a retirement fund.

I have made it so my sons will recieve money from my job if I am killed in the line of duty. I am more concerned that the ex would try to sue my wife for our vehicle and toy collection.

financi4 answers:

If there isn’t a will she can sue for whatever. (money wise… Not possessions)

If there is a will she can sue only if you owe her back child support.

Both women would quailify to collect from social security… The Ex will get more becuase she has 2 children vs the 1 your current wife has.

On a side note, you should make sure that all your children recieve something personal from you… Regardless of how the adults in the picture feel about each other. Even if all you do is write a letter for each of them, just to let them all know that you loved them.

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Your Questions About Invest In Gold Mining Companies

George asks…

help with accounting?

Gigi Liken and Ron Bobo are organizing Gold Unlimited Inc. to undertake a high-risk goldmining venture in Canada. Gigi and Ron tentatively plan to request authorization for 75,000,000 shares of common stock to be sold to the general public. Gigi and Ron have decided to establish par of $1 per share in order to appeal to a wide variety of potential investors. Gigi and Ron feel that investors would be more willing to invest in the company if they received a large quantity of shares for what might appear to be a “bargain” price

Are gigi and ron acting in a professional manner?

financi4 answers:

Is this a real question that you need to answer for a class?

It sounds like an opinion question. The answer is that par value really doesn’t matter. It’s the market value that matters. Most common stock has a par value of $1, sometimes it is even less than $1. It can even be as low as $0.01 or sometimes there is no par value.

So, the answer is that they are acting in a perfectly professional manner. We don’t even know the market price of the stock, or the price at which they intend to sell the stock. That’s what really matters. But, I am sure that the company would need to be audited before they were allowed to sell publicly traded securities, so the investors can make their own decision as to whether the investment was good or not.

Michael asks…

Can someone help me with a question about stock?

Gigi Liken and Ron Bobo are organizing Gold Unlimited Inc. to undertake a high-risk goldmining venture in Canada. Gigi and Ron tentatively plan to request authorization for 75,000,000 shares of common stock to be sold to the general public. Gigi and Ron have decided to establish par of $1 per share in order to appeal to a wide variety of potential investors. Gigi and Ron feel that investors would be more willing to invest in the company if they received a large quantity of shares for what might appear to be a “bargain” price.

Is Gigi and Ron behaving in a professional manner?

financi4 answers:

Yes, they are acting in a professional manner.

Pricing their stock is very similar to performing marketing: They need to determine who their target “stock buyer” is and cater to their desires.

Thus, they may decide to price at it $1 per share to open it up to a wide audience. Their drawback is that at $1 per share they will probably have a TON of small stockholders. They will need to notify (via mail or other method) of their plans, earnings, etc.

They may also have problems with shareholder churn, as the shares may be bought & sold very rapidly (leading to a VERY quick spike up and/or down).

On the other hand, if they decided to price the shares at $1,000 each, they would not get many individual investors to buy shares. They would attempt to attract institutional investors and get just a few of them to buy shares. Catering to these institutional investors is different than marketing to individual investors.

Clearly professional, and rational.

John asks…

Why does american media hide the fact that WE MEXICO supply oil and other energy to USA?

I am tired on how so many people insult us mexicans? But the american media hides the fact that WE MEXICO is one of the major suppliers of oil to the USA. It is Canada and us Mexico that supplies Oil to the USA. But recently Canada has switched over to China.

And also in Northern Mexico………Mexico sells electricity to Southern California Americans.

Also, WE MEXICO are the world’s second largest supplier of SILVER and also have gold. Also there was a recent discover of Lithium but a Chinese Company is going to extract the Lithium in Mexico while the mexican land owners that live there are to be relocated!

Look up Canadian Miners in Mexico and you will see how many Canadian Mining Companies are in our Mexico!

We get called all kinds of racial stuff but people don’t notice the natural resources that foreign countries take from us Mexico and we also supply oil to the USA without political problems!

Also experts say that Northern Mexico is the world’s 3rd best location for solar energy. Mexico is going to invest in solar energy turning dormant land, into jobs and low cost electricity:

http://www.upi.com/Business_News/Energy-Resources/2012/03/29/Mexico-buoyed-by-renewable-energy-boost-aims-for-solar-project/UPI-59891333048596/

And with the recent discovery of a major deposit of natural gas in Northern Mexico…..we are going to build more natural gas pipelines to other parts of Mexico:

http://pipelinesinternational.com/news/mexico_to_invest_in_natural_gas_pipelines/064835/

So our energy needs in Mexico are going to be met on our own.

My point is that many of you that insult us mexicans are from countries that don’t even have any natural resources or energy to sell to the USA.

financi4 answers:

^ Lol scroto back just tell me what is so bad about having cheap labor?
And who are using all those ZOMG ILLEGAL DRUGS!!1!1!

James asks…

Hey this may sound stupid I’m 13 with 1500 dollers………?

I have a college fun which is full thanks to my grandparents + The pre-payed college program so I have ne school opened to me. I will continue to get money till my grand-parents pass away. I want to do somehting with my money I “manage” to pay for movies gifts and w/e else that isnt like a TV. My parents do not pay me I just happen to get money from friends….. umm I could probaly get around 500 hundred more in bout a month. I need to invest it though. What should I do with 2000 dollers? I guess I could keep it in the bank but it isnt generating any interest The Stock Market isn’t great and I havent had too much experience in it. I have heard reports on gold i think it is going down unless war/attack and silver will go up but Dont want to buy mining companies futures or silver itself. What should I do? Wait till the housing market falls and then buy then sell when it rises cause it can only fall so far idk I probaly sound stupid I’m only 13 with many other things on my mind

financi4 answers:

I’m 16 and right now I’d say, save that money. Either put it in the bank or invest it, but do not spend it right away. I’m 16 now and will be getting a job soon to buy a motorcycle. It would be nice to have that money available to me when I want it, and you will probably think the same thing later.

Robert asks…

stocks and shares from 16 year old?

hello everyone
im just her to ask – i have recently started trading and have saved up £2300
i have started investing and lost about £70 mehhh
so guys, I have plans to just invest in 2 stocks ,£1150 eac
the stocks are
YUM brands

AND

Vatukoula Gold Mines

(i hope you know about theses companies)
If you think this is a bad idea please could you suggest something better??
and don’t hate on the £2300 i worked all summer for that (im 16) and this i whati want to do career wise- THANK YOU!

financi4 answers:

What percentage of your portfolio is cash?

For example, imagine a hypothetical portfolio of $1,000 with a single stock and a target percentage of 50% is to be kept as cash. The portfolio starts off as $500 cash and $500 stock, the stock drops in half so you then have $500 cash and $250 stock, you rebalance back to the target 50% so you have $375 cash and $375 stock, the stock bounces back to it’s original price leaving you with $375 cash and $750 stock for a portfolio of $1,125 but the stock price is only where it first started.

So long as you maintain a percentage of your portfolio as cash then there’s always something you can do in response to a major market move. If you’re fully invested, then your portfolio value is just swinging in the wind and there’s nothing you can do except watch.

Another thing is that every investment involves risk and unless there is zero risk, you should not have your complete portfolio at risk. For example, imagine you had a specially weighted coin that would flip heads 90% of the time, and when it flipped heads, you doubled your money but when it flips tail, you lost your wager. How much of your money should you wager on the toss? The more you wager, the more you stand to gain but if you wager everything that you have with each toss you will eventually lose everything. It turns out in this situation that the optimal percentage of your net wealth to invest for maximizing the log utility of wealth would be 80%. If the coin flipped heads 60% of the time, the optimal fraction of your wealth to wager would be 20%. It’s safer to be below this optimal fraction then above so unless you are absolutely certain of your investments which you never can be, you should always have some of your portfolio in cash.

Now you have to consider the cash in your portfolio as part of the investment, it’s not cash in your pocket for you to spend. It’s not even cash that you can tap and replace later cause you’ll never get around to replacing it. It’s cash that justifies the risk you are taking with the stock that you buy. If you can’t reserve that cash then you can’t afford that stock.

The geometric expectation of outcomes when you are fully invested is zero (as opposed to the commonly taught arithmetic expectations) which means you can expect to eventually lose it all if you take an all in or all out approach. Only 10% of the business schools teach the geometric methods as they originated with mathematicians, physicists and engineers, not with economists but the geometric techniques which date back to Bernoulli in the 1700’s have proven themselves in many fields and indeed are the equations behind digital telecommunications.

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Your Questions About Invest In Gold Mining Companies

Thomas asks…

What do you think the share price could reach?

I invested £5k in Archipelago Resources (AR.).

News…

Archipelago is pleased to announce that it has poured first gold at it’s 95% owned Toka Tindung Gold Project in North Sulawasi, Indonesia (“the Project”).

This milestone marks the commencement of production at the Project. It was achieved one day after the target date of the end of March 2011 and within the project finance budget.

While some construction activities not essential to the first gold pour remain to be completed at or peripheral to the processing site, all of the major items of ore processing equipment have been successfully commissioned including the oversized crusher and mills acquired from the El Tambo gold mine in Chile. The plant is operating in line with expectations for start-up and throughput will be steadily increased in accordance with the Company’s ramp up schedule.

The mining operation is well advanced despite substantial recent rainfall and the Company currently has approximately 85,000 tonnes of ‘run of mine’ (“ROM”) ore, currently representing approximately 3 weeks production, stockpiled on the crusher ROM pad.

Doré ingots comprising approximately 70% gold and 30% silver will be produced in the gold room at site and shipped to the LME certified Logam Mulia refinery in Jakarta, where refined gold of 99.99% purity and silver of 99.9% purity is produced.

The Toka Tindung Gold Project has a resource of 1.7 million ounces of which 1.1m will be minable by way of open pit mining. It is targeting production of 110,000 ozs of gold equivalent in calendar year 2011, with an annual average production of 160,000 ozs of gold equivalent over the first 6 years of the initial 8 year project life.

As previously reported, the Company will spend US$30m of project generated cash on an exploration program to be undertaken over the next two years. The number of drill rigs will double from 2 to 4 in the second quarter and the first batch of assay results are expected to be available and approved for release in early Q2 2011.

Mr Loosemore, Managing Director and CEO of Archipelago, commented:-

“The first gold pour marks the final step in Archipelago’s transformation from an exploration and development company into a production company. We are very pleased to have reached this milestone close to target which is testament to the extraordinary hard work of our employees and contractors at Toka Tindung in challenging climatic conditions. We will continue to work diligently to ensure a successful ramp up to full production, as well as expand our asset base through a major exploration campaign.”

I have a good feeling that this could make a lot of investors happy.

What do you think? Have I bought at the right time??

financi4 answers:

The problem with news like this is that it usually is published well after the investment community and insiders have known about it. That typically means that the price of the stock has already priced in that news and you will need to see what the next few press releases of 10Q’s have to say to see if there is continued good news before you see much of a bump in the share price.

Having said that, it sounds like this company is moving in the direction it feels it needs to go and is on schedule to do so. If you hang on for the ride, I hope you make lots of money. Good luck!

Daniel asks…

Otoy and AMD, on Cloud Computing..?

Im looking to invest in Cloud Computing as i know it will soon be Gold MIne. Through my reserch i belive otoy is my best choice. (If you disagree please tell). My question is which do i invest in AMD or otoy. And if otoy, how do i go about investing in it?

Also, if you think theres a better Cloud Computing company out there, please mention.

financi4 answers:

George Gilder has been the leading investor in OTOY. He has a message board that you can contact him on called the Telecosm Forum.

Http://www.gildertech.com/contactus.html

http://www.forbes.com/forbes/2009/1102/technology-otoy-videogames-software-game-changer.html

Chris asks…

Should I sell or should I rent?

My previous question was not clear. Now I will make clear to you because I never hide anything.
I have an old house. Should I rent it or should I sell it?
I think that in today economy the worth of houses like mine are much smaller (in money) compared to its real worth.
The house is selling together with the land. The investor wants to ruin my house entirely and to build new house. Not only they want to ruin my house but they want to ruin the house near me.
Investors want land, not houses. I would be happy to find some person that will buy the house for living and not for ruining.
Some people think that my house is worthless. Yet, some think that is gem of the house.
For me, the house is family treasure. It is very well build, although old.
When I asked my mother about the house, she said to me:
” son, if you want you can live there and create family. If you want we can sell it or if you want we can rent it.
We are in doubt what to do. I am not married and I do not have such income to pay the bills of the house. Also, the house is not entirely ours so if sell it, we will not receive the full amount of money.
It is good house for whole family, that is to say, husband, wife, children and old parents.
But, because I do not have such family and because our modest flat is enough for me and for my mom, we do not need so large house.
I think that money invested in property worth more than money in cash.
Some people invest in gold and for us our house is golden.
However, living in house requires constant working and paying the bills. I think that I am not able to make enough income to support whole family (that I do not have) in such house.
In one word, I am afraid or responsibility of having wife and living in big house. I am not sure that I can provide for bills.
Our house is too big and our flat is too small. Maybe the best solution for me is to sell the house and with part of such money to buy smaller apartment and to have enough for bills.
yes, I have to admit that sometimes I had hopes to live in such house with wife that will love me
But, my sweetheart has left me and made such fool of me and now I do not need such house.
Some people like to insult others and in return to have everything waiting for them. For example, for my sweetheart my house is too old, for her I am not good enough.
One thing I am not able to understand: while some ladies from Russia dream of such house, of love songs and movies and of somebody who will wait for them, for my sweetheart nothing is good enough. She thinks: some people have better houses, some people have university degree and some people are presidents of large companies. She thinks: “From all that rich people waiting for me, how I find this unemployed idiot?”

financi4 answers:

You seemed to have gone a bit off topic here about your sweetheart, but I understand. If it were me, and I was in that situation, I would rent the place out. Godged has a point about the expense of the up-keep of the place. The benefit of being a small time landlord is if you have some handy-man skills to reduce the up-keep and maintenance cost of the building. I don’t see why it matters to you what a new buyer is going to do with the place as long as you get your money’s worth out of it. I don’t know where you are living, Russia? Or what the real estate situation is where you live, if you think property values will go up where you are living, it may make sense to hold on to the place and rent it out. The headaches are bad tenants who are late with the rent and if you can even get the place rented at all. If it does not get rented, you are paying for two places. You may have to put money into the place just to get it rented, depending on the condition the place is in.

Richard asks…

Have I made the right investment choice? I’m 21?

I received an inheritance and invested in the following ways:

I obviously thoroughly researched each company first,
I invested the following:

$10,000 woolworths

$10,000 Coca Cola

$5,000 berkshire hathaway

around $3,000 invested in other gold mining / grocery / oil / liquor companies.

around $2,500 gold coins.

I have another $5,000 invested in a family business.

I have $10,000 left in savings,

People are saying I have wasted my inheritance, (family)

not careful with money, sure I spent a few thousand on items I needed to replace first, (car, debts etc)

help me out here, what do you think? have I made bad choices?

financi4 answers:

You did pretty well I feel. Coke and BH are solid. Woolworths I’m not sure about, only that they died in the US over a decade ago. Gold coins, you might be safe for about a year, but as soon as the economy starts turning around, sell about half, because it has a habit of crashing in good markets. Since you have no debt, keep about 8 months of cash for emergency, and put the rest in rotating CD’s.

Mark asks…

Is this a smart investment?

Right now I have made around 25,000 dollars off of SecondLife.com.I plan to invest 15,000 dollars in green energy stocks and also in Northrop Grumman stocks. Me and my father and friend will each ask the Royal Canadian Bank each a 35,000 dollar loan so that we can buy off the shares of Barrick Gold Corporation investors as well as ZENON Environmental. Then I plan to open a Media,Real Estate,Medical,Oil/Gas,Mining, Empire. My dream is to start a Weapon Manufacturing company. So what are your opinions. Will this work?

financi4 answers:

You, your father and friend should continue investing in the stock market. Professional investors couldn’t make it without guy like you. Good luck…..

George asks…

Can anyone answer these HISTORY questions!? Please help!?

1. By 1910, the state of Washington was no longer predominantly rural. Which of the following best describes what this means? (Points : 2)
More people lived in rural areas than in towns or cities.
More people were moving into the state than out of it.
More people lived in cities or towns than in rural areas.
None of the above

2. What city did the Northern Pacific railroad choose for its terminus in 1873? (Points : 2)
Seattle
Tacoma
Pasco
Spokane

3. Which of the following was not a way that the railroad prompted growth in the Pacific Northwest? (Points : 2)
It made resources more accessible.
It created new jobs.
It ended the system of free land for settlers.
It brought new settlers.

4. The __________ was most responsible for the ethnic diversity that developed in Washington during the years of growth. (Points : 2)
railroad
Wobblies
Knights of Labor
Weyerhaeuser Timber Company

5. Which of the following led to the most significant differences within Washington society during the years of growth? (Points : 2)
The city of Seattle rebuilt after a catastrophic fire.
Class inequalities between rich and poor grew wider.
The city of Tacoma obtained a railroad terminus.
Coal was discovered in the Cascades.

6. Which of the following was not a major industry in Washington during the years of growth? (Points : 2)
education
lumber
mining
fishing

7. Which of the following best describes the nature of changes in Washington industries during the years of growth? (Points : 2)
All new industries took over in the area.
The old industries were run by individual business people.
The state experienced a mix of old and new industries.
The old industries were taken over by large corporations.

8. Which of the following best describes growth in the eastern half of Washington? (Points : 2)
Growth was rapid because settlers wanted to build homes on the good land.
Growth took off when East Coast bankers invested in the area’s traditional industries.
Growth was tied largely to the railroad and mining discoveries in the mountains of Idaho.
All of the above

9. Which of the following contributed the most to the rapid growth of Spokane? (Points : 2)
discovery of coal in the Cascades
discovery of gold in Idaho
development of wheat agriculture in the Columbia River Basin
establishment of a lumber mill

10. Which of the following best describes growth in the western half of Washington? (Points : 2)
Growth was rapid.
Growth led some cities to reshape the geography of their surroundings.
Growth brought many new opportunities, but also led to new social problems.
All of the above

11. Which of the following contributed the most to the rapid growth of Seattle? (Points : 2)
farming
shipping
Klondike gold rush
both A and B

12. Which of the following was a city that began as a sawmill and became the largest city in eastern Washington? (Points : 2)
Tacoma
Walla Walla
Pasco
Spokane

13. Which of the following was not a legal form of discrimination against Chinese workers? (Points : 2)
Chinese workers could not immigrate to the United States after 1882.
Chinese living in the United States could not become citizens.
Chinese could not own property.
Chinese were forcibly expelled from Tacoma.

14. What main event changed the feelings toward Chinese workers in Washington? (Points : 2)
Rock Springs Massacre
formation of the Knights of Labor
completion of the Northern Pacific Railroad
Chinese Exclusion Act

15. What was not a reason used by the Knights of Labor for targeting Chinese workers? (Points : 2)
The Chinese Exclusion Act
They said the Chinese were of an inferior race.
They thought Chinese workers took their jobs.
They believed Chinese workers drove down wages.

Can anyone answer ANY of these questions so I can check them to my answers?

financi4 answers:

I PUT YOUR ANSWERS IN A,B,C,D ORDER AND NO. 1-A,2,A,3,D,4,A,5,A,6,A,7,A,8,F,9,D,10,D,11,D12,A,13,C,14,C.15,C THESE ARE MY ANSWERS

Donald asks…

10 Multiple Choice History Questions! Need help?

1. By 1910, the state of Washington was no longer predominantly rural. Which of the following best describes what this means? (Points: 2)
More people lived in rural areas than in towns or cities.
More people were moving into the state than out of it.
More people lived in cities or towns than in rural areas.
None of the above

2. What city did the Northern Pacific railroad choose for its terminus in 1873? (Points: 2)
Seattle
Tacoma
Pasco
Spokane

3. Which of the following was not a way that the railroad prompted growth in the Pacific Northwest? (Points: 2)
It made resources more accessible.
It created new jobs.
It ended the system of free land for settlers.
It brought new settlers.

4. The __________ was most responsible for the ethnic diversity that developed in Washington during the years of growth. (Points: 2)
railroad
Wobblies
Knights of Labor
Weyerhaeuser Timber Company

5. Which of the following led to the most significant differences within Washington society during the years of growth? (Points: 2)
The city of Seattle rebuilt after a catastrophic fire.
Class inequalities between rich and poor grew wider.
The city of Tacoma obtained a railroad terminus.
Coal was discovered in the Cascades.

6. Which of the following was not a major industry in Washington during the years of growth? (Points: 2)
education
lumber
mining
fishing

7. Which of the following best describes the nature of changes in Washington industries during the years of growth? (Points: 2)
All new industries took over in the area.
The old industries were run by individual business people.
The state experienced a mix of old and new industries.
The old industries were taken over by large corporations.

8. Which of the following best describes growth in the eastern half of Washington? (Points: 2)
Growth was rapid because settlers wanted to build homes on the good land.
Growth took off when East Coast bankers invested in the area’s traditional industries.
Growth was tied largely to the railroad and mining discoveries in the mountains of Idaho.
All of the above

9. Which of the following contributed the most to the rapid growth of Spokane? (Points: 2)
discovery of coal in the Cascades
discovery of gold in Idaho
development of wheat agriculture in the Columbia River Basin
establishment of a lumber mill

10. Which of the following best describes growth in the western half of Washington? (Points: 2)
Growth was rapid.
Growth led some cities to reshape the geography of their surroundings.
Growth brought many new opportunities, but also led to new social problems.
All of the above

financi4 answers:

Help is not doing your work for you. Why you dont give it a try and we can review them? If you dont give it a try there is no way you are going to learn the necessary skills to pass the tests during the semester. Besides, we would be doing you a diservice, because this is information you will need as you keep on going up to higher placement grades.

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Your Questions About Invest In Gold Online

Paul asks…

Can someone tell me a bit about investing in gold? For instance…?

I have an online brokerage acct that I handle myself (but I’m brand new to it – it’s TD Ameritrade). Can I buy gold through something like that? Is it just like going into a pawn shop or something and buying broken gold? Is it buying gold certificates?

I hear all the time that gold is a good investment – but I don’t know if a) that’s true or b) how to do it.

Any help is appreciated. Thanks.

financi4 answers:

There are two ways to invest in gold. From your TD account, you can buy gold certificate. Basically, it’s a piece of paper that says you own a certain amount of gold. The value of the gold certificate goes up and down just like gold.

Or if you prefer owning actual physical gold, you can buy gold coins or gold bars from banks or local coin shops. Pick the one that says 9999, it means .9999 pure. I recommend Canadian Maple Leaf Gold Coin. The best quality in the world.

Good luck

David asks…

Where’s the best place to buy Silver (and maybe Gold)?

I’ve been thinking about investing in Silver and would like to know the best place (online or not) to buy silver coins and bars. I’ve done some research and some sites have not-so-good quality (although it’s silver, I would like some pretty coins and bars) coins and such. Just need advice on the best place. Good quality and such. Thanks (:

financi4 answers:

Assuming you just want the “pure” silver coins for investment value, search for “bullion” coins.

APMEX and Gainesville Coins are probably the 2 biggest names in the USA for these. Some of the common series names to look out for if you are just after stock standard bullion are “American Silver Eagle”, “Canadian Silver Maple Leaf” and “Austrian Philharmonic”.

Note: You can’t buy bullion coins direct from the United States Mint.

Joseph asks…

how/where can I invest money in an ipo?

I have no experience in investing except for some silver/gold and some coins/paper currency! what I am looking to do is take about $500 – $1000 and invest in and ipo, or sign up on e-trade or some other online ivesting company I’m looking to make fast money with taking risk! I am willing to take a high risk if the returns can be very lucrative! Please give me some input if you have experience I want to also have access to my money if i want to take it out or move it somewhere else!!!

financi4 answers:

I agree with the other answerer that you’re not going to make a quick fortune with that amount of cash on an IPO. The other thing about IPOs is that if you trade on the first day, you’d better know what you’re doing or you stand a good chance of getting burned by buying too high, for example and then watching the share price of the stock go down below what you paid and you might have to wait a long time for it to get back up to what you paid, (and it’s even possible it might never get back up to that price if the stock is a dog). It’s better to wait until after the first day of an IPO and see how the stock moves for awhile instead of jumping in on Day 1.

I know, because I made the mistake of thinking I could make a quick profit on Day 1 of Pandora’s recent IPO, and I messed up and ended up paying way more than I should have, and the stock never went back up to what I paid for it. If you go into the stock market without doing simulated or paper trading or just learning as much as you can before you jump in, you WILL lose money, unless you’re just very lucky. Some people can absorb the loss of a thousand bucks without breaking a sweat…for other people, it can be fairly devastating, so be very careful.

.
.

Thomas asks…

I want to start an online business that requires no money and no selling I think I found it i need help?

I have been looking online for a long time about making money online.I have tried cash gifting,passport to wealth,edc gold,……and no luck.I met a guy online who has made $10,000 in 9 weeks but I dont want to get scammed again.He told me that I dont need to invest any money at all and I dont need to sell I think this could be the one for me I need guidance

here is the link to the free online cash system that does not require you to pay any out of pocket costs.I hope this is it.If any one needs what I need maybe we can help eachother

http://www.freemoneyforlife.info

financi4 answers:

Your not going to be able to start your own business for free. Your going to have to put some sort of investment into a business as well as time to build a business. If your looking for something free that only pays you , then your looking for a home job which pays minimum wage, or low pay. Sorry, but No business is free to have. If they say it’s free, then your really not owing it or even a share of it. Most home based business cost under $500 to start for online as well as offline businesses. Traditional businesses with the expense of leasing a building, utilities etc then the price goes way up there. Home based businesses have the same income opportunity as a traditional business does. They do not have all the over head expenses as a traditional business has either. Most everything in your home becomes a tax write off So this means more profit for you.

There are so many different types of home based business to get involved in. But if their is no investment, then you don’t have a business no matter what type of business it is. There is always going to be money to be paid out.

A friend of mine created a blog on her yahoo page on Home based Business opportunities. Also a lot of information that you should read about on home based businesses including internet businesses, blogs, reports, scams and the BBB. It’s not too long, just some issues that people need to know. Http://blog.360.yahoo.com/blog-eqfAfFMlcqA8fDHDwdpcueRYyTm4

Good Luck in your venture!

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