Ok financial planners..What a great way to start building a nice little nest egg?
81277
If your company offers a 401K plan, take advantage of it.  They'll take out a fraction of you paycheck (as lo as 1%) and invest it in a mutual fund.  Many companies match your contribution, so that's like free money.  \n\nIf you just forget about it and just let it grow, you'll soon build up quite a bit of dough.\n\nIt's tax deferred, so that means you won't pay taxes on it until you cash it out.\n\nThe only drawback is you can't cash it out until you're 59 and a half without paying a penalty.
666614
If you are already doing business and you are in profits, then my suggestion is to save as much as you can from your profits. As a rule, spend only 20% for your personal expenses and invest the rest back to your business. This way your business will keep on growing and the small will become huge one day. This is the easiest and the best way to grow a small business as it is not always easy to get financing from banks or personal sources for new business.\n\nBut yes you will have to sacrifice your luxuries of life in the begining but a day will come when even the 20% of your profits will be more than enough for you....BEST OF LUCK!!
652949
The best way to do anything yourself is to learn something about it first. You'd be surprised at the thousands of books available on this one subject at your local library.\n\nBut most people spend more time deciding the color of their new car, than they do on a mutual fund advisor, for example. \n\nAre you really wanting to do this yourself, or are you asking about someone who is an expert who can do it for you?\n\nIf you invest in the stock market right now, or just buy into all the ETF's you can afford, it's a crap shoot, like rolling the dice, and the odds are probably not in your favor, whether you have an expert fund manager or not, because mutual funds are always "in" the market.\n\nThey say "Buy and Hold" for the long term is better, but that depends on when you get in, and what your definiton of "long term" is. The phrase "Buy low and sell high" infers that you buy after a decline; decidedly not the case here.\n\nThe Dow is now approaching all-time highs last seen in Jan 2000, so if your long-term definition is more than seven years, then you won't mind waiting another seven years for a profit.\n\nIn my opinion, the name of the game is capital preservation. When the risks are high, like right now, you get out of the stock and bond markets and park your cash in a interest bearing money market fund or CD or Treasury Bill.\n\nThis is simply not a good entry point for investors. Be patient, wait a few months, and you'll be able to buy much more stock a lot cheaper, the risks will be lower (even though they will seem higher), and your chance of success greater.\n\nIf you wish to research the “Buy and Hold Strategy” further, or perhaps trade yourself, I recommend two book titles. One is called "Which Is Better, Buy-and-Hold or Market Timing?" The other is "Do You Have What It Takes to Be a Market Timer?" They will give you plenty to think about.
707135
hello there, \nI can suggest you a very good business opportunity. \n\nNow its time to do Smart Business NOT Hard Business. So investment should be very small and returns should be high.\n\nI am earning good and many of my friends are earning like anything in this business i do everything with just some efforts. \n\nYou just need to be calm and have good relationship in your local area to get succeed, you can do it anywhere you want it and no matter where you are. \n\n*Its a Unique chance to become financially free and earn US \n$3000 a day. \n\n*I will Make You Grow Financially.\n\n*A small investment which will keep expanding like the Roots of a \nBanyan Tree. \n\n*No risk factor of the Stock Market. \n\n*Earn millions for yourself and your generation. \n\n*It grows as you enjoy the beaches or have retired. \n\n*You’ll have enough to have your desires and dreams come true. \n\n*You’ll be able to help the needy with your tender feelings. \n\n*You’ll be able to leave a legacy for your family.\n\n\nIf interested, please reply me your complate details.\n\nSidhu.
630993
finance....learn how to make money, then spread the wealth
673311
Getting an education is a great investment in yourself, and being cautious with your investments is wise, but don't ever let anyone tell you that low income families shouldn't invest in the same types of opportunities that anyone else could.\n\nPeople with very low incomes have made themselves into millionaires by a combination of responsible spending and thoughtful investing.\n\nThe best place to start with small balances is mutual funds.  As long as you stick with mainstream funds, you should be fairly safe.  Don't expect a straight upward line, but over time, on average, you should expect the long-term results to be strong over the long run.\n\nMeanwhile, as you build up your portfolio, you can be reading and learning more about investing for the future. By the time you outgrow mutual funds, perhaps you will know more about the different stock market decisions you will need to make.  Perhaps hiring a financial advisor would be wise at this point, or perhaps you can go on your own with your newly acquired knowledge.  \n\nConsider books by Peter Lynch, Jeremy Siegel, and Benjamin Graham as some of the best sources.  \n\nBest of luck to you.
384972
First of all you need a business plan.  You can find the "how too's" of them on the internet for free anywhere. If you have a home or some collateral this would be a good thing to be able to put into the business plan. Then go to bank's and investment companies (it helps of you know an investment person), and don't give up.  The Small Businesss Adminstration (SBA) is a good place for info also.  There is so much good information out there places on the internet, and I am speaking of business web sites not just any fly by night.  American Express as well as others has a small business section that has articles and such.  I am attempting to do the same thing now for our business for growth capital.
131591
How about putting at least, $20-$40 a month away into an ING account. No, I do not work for them but, I decided that if I put that much away a month and not touch it, then in 5, 10 or 15 years from now, I will have a nice nest egg. Didn't hear anything negative about them but there are others out there you may like to put your money in to collect interest for yourself! I hope this helps! So far, it has been 6 months now and my interest rates are increasing. So, I'm happy I did it.
382259
Please seek out a fee only planner. Depending on the amount of money, and what it is you would like to do, there can be several issues you will need to consider carefully - many of these will impact the amount of money you will be left with.\n\nOn my website: www.simplemoneyadvice.com, I have a link to the NAPFA - it's at the bottom of my home page. Click the public section, then use the search link, or contact them directly (it's an 800 number) to find a fee only adviser.\n\nPlease, please - ask for references - and please DO NOT use an advisor that sells product - mutual funds, stocks, bonds, annuities and/or insurance - these will (May) give the advisor the wrong incentive and skew his/her advice.\n\nGood luck
1117757
Yep, I've thought about it.\n\nFirst, form a trust and pick a solid company to administer it.  That prize is paid out over 30 years (usually, or something close) and I don't want to lose over half of it in order to get the cash lump sum, yet I might not live long enough to see it all come in.  The trust then keeps it going for my family after I croak.\n\nSecond, a big chunk is going to taxes first and before I see a dime they will want to withhold at least a third.  Current taxes, state and federal would be really close to 40 percent (a rate that undoubtedly will go up in the future, but hopefully not as much as to cost the loss of the over 50 percent discount of the lump sum payment).  So instead of 30 percent withheld, I would have the full 40 percent withheld.  I would rather have government owe me than owe government.  Also, current rates are something like 35 percent for federal and 4 percent (actually 6, but the federal tax is deductible) state, which is 39 percent, so tack on the 1 percent that the trust company expects and make the numbers easier.\n\nThird, I would want to make some charitable donations, so set aside a quarter for a trust fund or foundation to distribute that.  As a Christian, I like to pay my tithe, an old word for a tenth, so that still leaves some 15 percent for things like schools and scholarships and helping poor families out with their health bills, medicines, and such.\n\nFourth, I would want to make some investments to keep the money working.  With today's uncertainty, I might shop for a bunch of banks to make jumbo certificate of deposit (CDs) accounts and get the better interest rates.  When the bank needs to give the money back, especially if I go to federally-insured small banks, they will probably notice that I have a few bucks and want to let me in on local opportunities like some good housing developer that needs some partnership money (he will incorporate first and give me shares or it ain't gonna happen with me).  When I identify an opportunity that will make me money better than the CDs, cash them in when they mature and invest elsewhere.  I've got a couple of practice stock portfolios, one making 19 percent and the other 6 percent increases, so those strategies might work for some of this.\n\nFinally, with the ten percent that remains, divy it up over the time as income.  With that I pay off my bills, go on to get my doctorate.  My wife can get her master's or more too.  My son will probably want to open an upscale coffee shop which will then be no problem.  I can travel abroad periodically, as well as about this country, because there are lots of beautiful places and fascinating things I haven't had a chance to actually experience yet.  Besides, there might be some fun opportunity to invest in and while I'm holding the checkbook folks tend to be nice who otherwise probably wouldn't give more than the time of day.\n\n50 million over 30 years is 1.6 million a year.  That's 1 million after taxes at the current rate.  That's a little over $400k for contributions and another for investments.  An annual $166k for disposable income is more than enough for what I want to do.  Besides, as contributions are often tax-deductible, I expect to get a chunk of that tax withholding back in tax refunds.  Thanks for the dream.
436540
there are mutual funds with small initial investments. $500 for example. Some even less. That is a good way to start. I have included a link through Yahoo finance showing funds of that nature that are rated better than average by Moringstar. Yahoo sometimes does not provide correct information so you need to use this as a starting point and research a little furture. \n\nAnother way is to open an on line brokerage account and buy shares directly in good solid companies that have a good track record and pay dividend that have tended to increase over time, such as BAC, for example. But that is more risky without having at at least 5 and preferably 10 different stocks in your portfolio to reduce the risk of a piece of bad news causing disaster. You also have the option of buying exchange traded index funds. That is an inexpensive method to participate in general market trends. I personally do not like the idea, but a lot of people do.
317907
The best way to do anything yourself is to learn something about it first. You'd be surprised at the thousands of books available on this one subject at your local library.\n\nBut most people spend more time deciding the color of their new car, than they do on a mutual fund advisor, for example. \n\nAre you really wanting to do this yourself, or are you asking about someone who is an expert who can do it for you?\n\nIf you invest in the stock market right now, or just buy into all the ETF's you can afford, it's a crap shoot, like rolling the dice, and the odds are probably not in your favor, whether you have an expert fund manager or not, because mutual funds are always "in" the market.\n\nThey say "Buy and Hold" for the long term is better, but that depends on when you get in, and what your definiton of "long term" is. \n\nThe Dow is now approaching all-time highs last seen in Jan 2000, so if your long-term definition is more than seven years, then you won't mind waiting another seven years for a profit. There have been periods of over twenty years when the Dow went nowhere. This is not investing, but rather blind hope.\n\nFor most people, the name of the game is capital preservation. When the risks are high, like right now, you get out of the stock and bond markets and park your cash in a interest bearing money market fund or CD or Treasury Bill.\n\nThis is simply not a good entry point for investors. Be patient, wait a few months, and you'll be able to buy much more stock a lot cheaper, the risks will be lower (even though they will seem higher), and your chance of success greater.\n\nIf you wish to research the “Buy and Hold Strategy” further, or perhaps trade yourself, I recommend two book titles. One is called "Which Is Better, Buy-and-Hold or Market Timing?" The other is "Do You Have What It Takes to Be a Market Timer?" They will give you plenty to think about.
803493
here is an article which will help you know how to get started\n\n"Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little."\n--Fred Schwed, from the book "Where Are the Customer's Yachts?" 1940\n\nAs a stockbroker years ago, I saw hundreds of individual investors doing dumb things with their money. At first, when I was certain what they wanted to do was dumb, I'd try to talk them out of it. But I quickly learned that once someone has his mind made up, it's hard to change it. It occurred to me that an educational guide on How To Get Started Investing is what many new investors could benefit from.\n\nWhile I didn't particularly enjoy being a broker, I did learn many lessons. The lessons can be boiled down to two truisms: everyone thinks differently about money . . . and people would rather be proven right than make money.\n\nNext as a head trader, I saw the dumb things Wall Streeters do. I learned that most financial types in Manhattan don't know how to invest either. Most are actually WORSE investors than individual investors. Their primary concern is not successful investing, but extracting their cut from the customer.\n\nThen as a head of research, I saw the "sham" of brokerage research. Most research departments exist only to come up with material that helps their brokerage employer look good; their aim is not to do, well, actual research.\n\nIt was only by working for an independent research outfit that I was finally able to crunch some numbers about what really works on Wall Street...\n\nThe Four Paths Taken by Investors\n\nUltimately, there are two conscious approaches that people take when they get started investing. Let's call them: 1) the "GET RICH QUICK" investing approach, and 2) the "GET RICH SLOW" investing approach.\n\nAnd while people don't realize it, there are two other approaches as well: 3) the "GET POOR SLOW" approach, and the dreaded 4) "GET POOR QUICK" investing approach.\n\nUnfortunately, a great percentage of investors, probably most of them, actually end up using approach number four...\n\nThe goal of these Investment U E-Letters is to show you how to get started investing and/or how to become a better investor. Obviously, I can't cover everything in a single e-mail . . . but I can mention some of the things that have consistently proven themselves to be part of the "GET POOR QUICK" approach.\n\nHow To Get Started Investing: First, Avoid These Six Mistakes Made by "Get Poor Quick Investors"\n\n1. Buying and selling options as a "novice." Getting lucky and hitting a big winner in options is the worst thing for an options trader who has just started investing. That almost ensures that he'll eventually lose everything by going back for more, always looking for that big score, until all his money is gone. Options can be traded successfully - with the right tools, the right knowledge and the right advice.\n\n2. Buying and selling futures. Same story as options.\n\n3. Buying an expensive computer trading program and trading with it blindly. (If someone truly figured out the Holy Grail, why would they sell it to anyone who wanted it for just $2,000?)\n\n4. Putting all your eggs in one risky basket. Like options, if you were to happen to get lucky once, and make a zillion dollars, you'd lose it the second time around (or the third). Eventually, it will all be gone.\n\n5. Throwing good money after bad, and buying more as the price falls...definitely belongs on the "what not do do" on our How To Get Started Investing guide. This is nearly always what investors do after the stock they've put all their eggs in starts to go down. Instead of getting out - or lowering their risk - they mortgage the house, the car, the family cat, whatever
165893
I'd be leery about winning email services from a financial planner.  That sounds like an opporutnity to clear out your bank accounts.  \nThat major concern aside, here are some questions/issues I work with my financial planner on.  I've discussed my current income, outside sources of income, various debts, and my different current and future assets.  To help give him a full picture of my financial state.  Then, I speak with him about my goals and my current saving levels, such as how much money I have going into my 401K and Roth IRA.  \nWe've also discussed various alternative investments, such as real estate, collectibles, etc.\nJust becasue you have "won" these services, it doesn't mean you should accept them because they are free.  Its a good idea and highly recommend to speak with several planners before you start working with one.  Think about it, they are working for you.  You should interview them as you would interview someone applying for a job at your company.  The planner needs to be right for you and you need to feel comfortable with him/her.\nAlso, many financial planners don't charge for their services.  My planner works at my bank, so his service is "free" because of all the banking I do there.  However, he gives me good investment guidance and I am free to make the choices of funds and such that I want to make.  In exchange for that, I have my Roth IRA through them and he gets some commission for my trades.  Its a fair trade off for his guidance.
1180108
Yes you can.  I guess you've read Rich Dad Poor Dad.  Great but he doesn't tell you HOW.  It is something I have been trying to figure out for years.  I got the answer a few months ago by my brother showing me.  It is amazingly simple.  All It takes is confidence and thinking big and clarity of mind.  The more you try to figure it the more pieces fall into place.\n\nSo I guess you want to know how?  Ok I will tell you - I'll email my bank account number to you and when you make your first million which you can do within a year - you deposit me 20%, ok?\nlol - only joking - happy to help out.  Ask youreself what you will do with al the $$ though.  If you don't have a goal for the $$ it will end up destroying you when you have lots.  Just a bit of philosophy - take it to heart because you will have plenty $$.  \n\nTake this 'formula' or principle and apply it to whatever is available, it is flexible.  Apply your mind.\nOk here goes:\n\nRemember confidence and think big.\n\nFind a large property in a good area of your city/town that is for sale.  The suburbs is a good place to start, find out from real estate agents which is the fastest growing area.  Go to the dge of that where serious development hasn't started yet.  A few miles is fine, the expansion will catch you.  Once you have found a suitable site, look around and don't be disheartened if the first few are not spot on.  You will be gaining experience with each site you look at.  The site should be large enough to subdivide into smaller erven (erfs) (plots). There will be minimum size zoning allowed in specific areas.\n\nI am assuming here that you know a bit about the property development lingo (of your country).  If not do a bit of research by visiting your local (authority) municipality.\n\nOnce you have found a suitable site that can be subdivided say into 10 plots.  Heres the crux!\nLet's say the seller wants 1mill (theoretical amounts - whatever is going in your area and currency counts) for the property go to him and tell him you will give them 1.5mill if they go into a joint venture with you.  They will.  Then what you do is get the plans for the property from your local authority.  Divide the property up into plots, use a landscape architect if neccessary, or do it youreslf.  Get this development approved by your local authority.  Again you will gain experience as you go.   Once the plans have been approved for rezoning to residential size plots.  This may take some time (find out names at the local authority and hound them, it will move faster) Then what you do is put the plots onto the market at residential prices (per square meter).  Exorbitantly more than the original large piece of ground.  As this is an expanding area they will be sold loke quickly.  You give the original seller his 1.5mill and pocket the difference.  Usually a hell of a lot of money.\n\nAs simple as that.  Hardly cost you a cent.  You used someone elses money and walked away with the finances to do the next project youreself.\n\nWhere you might have to put in money is for the drawing up of the plans, advertising and if you do a cluster dvelopment you should put a wall around the site (expensive) to sell it a concept (helps sell quicker and for more).  For these costs you go to your bank and borrow the money using the large property as collateral. Remember the original seller and you are ina joint venture so you can do this (set up a cc if neccessary).  \n\nThat is the jist of it.   It is actually so simple.  This is a general plan, it can be applied to many situations.  It is a pretty hectic concept to try to get across in so many words.  If I have left anything out apply your mind and fill in the gaps.\n\nGo for it, believe in yourself and the world is yours.\nGood luck.
373813
I would seek independent professional advice.\n\nWith a sum that size they would pay for themselves even if only in terms of money saved on taxes etc, and they will be able to advise on a range of investment opportunities and the risks and benefits of each.
224352
There are many choices out there but I would focus on something that doesn't take inventory and if you haven't done any before I would start with an opportunity that allows you to learn why you earn. Check out www.counselofleaders.com . Teaching people how to change their lives with their realestate investment decessions makes good money. I would focus on about $20,000 month but it will take about a year to build.