I was investing with fidelity (well, looking) and the first step was to choose who I should chose as my investment provider
Now what are these? Are the the “blue chips” (not too sure what they are) who are supposed to give fixed return in investments and am I supposed to knowledgeably choose (or whoever’s name i recognize, lol) who I want to invest in?
I thought fidelity just took my money and decided what to invest in…
Although I’m no strategist/economist/education specialist, I think it would work something like this.. A company can choose to invest in a school (tax incentives aimed at the poorest first) but must make a minimum contribution of $3/student (they could just do an entire grade). So X Company would need about $300 to invest in the senior class at Y High School. $1 would go into a sort of stock portfolio as investment to profit the company (this is the trickiest part as I am not an economist/banker), $1 into school funding, and $1 into a savings fund for the school. At the end of the year, the students who have achieved the desired goals set by the school (attendance, participation, test scores, extracurricular) will get the money. $1 is not going to be much of an incentive to do well, but if 100 businesses (min. $3 a student) contributed, each student would be getting $100. It’s not perfect, but let me know what you think, & show me how to make it profitable for the businesses.
To the first person who replied. Our education system leaves minorities and poor districts behind. In the past, reform has been aimed at getting the school administration and teachers to teach better. This is an attempt to put the ball in the students court. If the idea of money is too much, other rewards could be used. Taxes are not “investement.” Plus, under this system, companies would receive tax breaks (which will promote growth in itself) for investing in schools. The result is SOME intelligent, trainable young people, and some who are, due to inequality of education, left behind–despite the No Child Left Behind Policy. Thank you for your rude reply that allowed me to clarify my intent.
I am about to open a Roth IRA with Fidelity. I have done some research and picked two mutual funds I want to invest in. I plan on putting $2500 into each one, putting me at my max for the year ($5000). I have a few questions:
1. Once I have invested my initial $2500 into each, do I *have* to contribute anything else? Obviously, I will make more money if I do, but I don’t want to be locked into anything. (Under “purchase information” it says “Additional: $250″ and I’m not sure what that means or if it even applies to IRA’s.)
2. If I plan to switch mutual funds down the road, what sort of fees will I be charged? For example, one mutual fund says “Expense ratio: 1.1%” What does that mean?
Please note: Both of these mutual funds are no transaction fees and no load funds. That’s the way to go, right?
I am new to this so any advice would be *greatly* appreciated.
Thanks in advance!
I am convinced we are going to see some major moves in financial markets in the next few months to 2 years. moves that can yeild great returns.
however, I have some important questions I am trying to answer before I make any decisions with the very very limited amount of money I have to invest. Can you answer with any confidence, any of these questions? I am not interested in your guesses, only in what you feel confident about.
Will we see inflation or deflation?
If we see inflation, then
What sector will move first?
I realize, I could be wrong but I will give you a couple of my major assumptions.
Inflation is going to occur. Forget about deflation.
Oil is near a 5 year low. It will move up.
Gold and other metals are in the begining of a major bull market. The metals are not anywhere near 5 year lows but market forces seem to be indicating there is still a great deal of upside to precious metals.
Which metal will move first?
Is there a precious/industrial metal that will do BETTER than the rest?
Is there a precious/industrial metal that will do WORSE than the rest?
When will it be safe to get into stocks?
When will it be safe to get into Real Estate?
Appreciate anyone who can answer these questions and expecially if you can offer some reasoning behind your answer. Thanks.
If not, what Share Builder Mutual Fund is? Etc?
Put it in fixed account or wait.
I am looking for in depth information and not the fluff.
I hear alot of debate as to whether ETF’s can be held long term, or short term. Does anyone have a valuable answer. I hear that due to the way that they are calculated there is a probability of the price decaying? For instance can a ETF such as ERX, which is trading at around$17.98 ever see its passed price of around $40. Can a Financial ETF such as UYG ever see its passed prices in the $20-50 range (I know this is a long shot, given the current financial situation) Any clarification would be greatly appreciated.
In addition to money market funds are there any other short term investment mutual funds available?
I think I have a good ability to sense if the price at the pump is going to go up or down, so I’d like to trade on that. The problem is that I don’t know what to trade.
I’m looking at the prices found in the charts on gasbuddy.com and trying to find an investment that matches it. The etf ticker symbol USO is somewhat close, but not close enough. The price of gas 9/10/06 and 3/22/07 is about $2.60/gallon. However, the price of USO on 9/10 was $60.04 and it’s $49.77 now. That’s a huge difference.
I keep hearing that one should invest in mutual funds that are a combination of around 60% stocks and 40% mutual funds. Can someone knowledgeable in mutual funds recommend a company (like Vangard for Fidelity) that sells mutual fund that invests with this arrangement (60/40)?
Thanks guys….this is great advice….all of it. I will heed your guidance. Wonder when the bottom is going to drop out of the stock market again?