Archive for May, 2008

Is there a mutual funds that invests in world currencies?

Friday, May 30th, 2008
The Dude asked:


With the dollar’s fall, a person would have been much better off simply changing their dollars into euros back in 2001 (or any points since then) than investing in stocks or mutual funds.

Tags: , ,
Posted in Investing | 2 Comments »

Best way to invest my money on mutual funds?

Sunday, May 18th, 2008
Nutzer asked:


All,

I have $2500 that I would like to invest in mutual funds. And every month put in a couple hundred to invest in. Now, I am not very savvy when it comes to financial investment. I read that Fidelity is a very good mutual fund house. They have a couple of Fidelity office around my job. Would it be a big mistake if I go there and talk to one of their rep to help me invest my money?
What should I ask for, look for?

Thanks for any info!

Tags: , ,
Posted in Investing | 6 Comments »

What % of taxation will be applied to my Mutual Funds withdrawal?

Monday, May 12th, 2008
Debz Luvz asked:


I know nothing about mutual funds. Only, that I’m withdrawing what I’ve got, which should be around $36,000? I know I’ll be pentalized 10%. But, what % of taxes will I owe to Oklahoma and Federal?

Tags: , ,
Posted in United States | 1 Comment »

Is it a good idea to do invest into mutual funds to build a Retirement plan?

Monday, May 12th, 2008
ykarnay asked:


I am 25 and at my job I’m not offered any kind of 401k plan. Is it a good idea to invest into mutual funds to build my retirement plan? As they say, start early. What are my options on this?
I was refered by a friend to talk to a financial advisor, she is working p/t under primerica with three different investing companies. According to all the numbers I provided, she advises me to use Franklin Templeton Fund Allocation, I don’t know much about any avaialble investing companies so I am very lost in terminology and the numbers.

Tags: , ,
Posted in Investing | 17 Comments »

What is the risk of buying Bond Mutual Funds?

Monday, May 12th, 2008
skahhh asked:


If the market should crash because the Fed won’t lower interest rates, what will happen to Bond Mutual Funds? Are they safe?

Tags: , ,
Posted in Investing | 1 Comment »

Which of two similar mutual funds should I choose?

Sunday, May 11th, 2008
sdfox_74 asked:


First of all, I am looking for a good long term investment. I found a couple of mutual funds that I am interested in. One has been around since 1993 (VLEOX) and the other since 2003 (HFTFX). Both funds have solid historic performance and have both outperformed their benchmarks. Neither is heavily invested in the financial sector, which is a sector I am interested in avoiding. If you were to choose between the two, what factors would be most helpful in making a decision? And is there any disadvantage in investing in a fund that is 15 years old?

Tags: , ,
Posted in Investing | 4 Comments »

What is the advantage of a traditional IRA to just owning stocks and mutual funds?

Friday, May 9th, 2008
SMC asked:


Why should I have a vehicle to keep my mutual funds in? They are easily accessible when needed. I will be taxed at both points in time with or without a traditional IRA. The roth is not an option.

Tags: , ,
Posted in Personal Finance | 4 Comments »

how to pay taxes on stocks and mutual funds?

Sunday, May 4th, 2008
Mike R asked:


I have mutual fund dividends and i sold a few stocks which I have less than one year. I did not cash in any of the mutual funds. How do I tally all of this on my tax form, 1040??? Do I add of all them together on sectin 2? My total is over 1500$ But individually the mutual fund income is less than 1500 and so is the stock?
So how do i file all of this?

Tags: , ,
Posted in Other - Taxes | 3 Comments »

Does anyone know good stocks to invest in and how are mutual funds good to invest in?

Friday, May 2nd, 2008
strawberry asked:


I wanna know what stocks are starting from low and are starting to climb up before it reaches its peak. Like gold minning, technologies, biotech, energy, computers, websites,natural resources, good chinese and indonesia stocks too. If chinese and vietnamese currency is good to invest in and mutual funds to. I know house market is down but do u think its good to buy b/c its pretty low stocks from before.

Tags: , ,
Posted in Investing | 5 Comments »