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Open Question: I would like to invest in mutual fund (Aprrox Rs. 1000/- per month).?

Which mutual fund is better for me? I would like to invest in mutual fund for long period, having withdrawal facility and good returns. Kindly provide me the details of best deals available. more

Resolved Question: How long does it take washington mutual/chase to cash a check?

I wrote a check from my WAMU personal account and deposited into my BofA personal account on May 25th. It's June 18th now and the deposit in my BofA account has cleared but the withdrawal has not cleared my WAMU account. I also wrote several other checks from my WAMU account (after May 25th) and they all have already cleared. Is there a time frame where if WAMU doesn't cash a check those funds become available for my withdrawal. more

Resolved Question: various types of mutual funds available in indian capital market?

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Resolved Question: word problem involving constraints and interest?

Karen Guardino has decided to invest a $100,000 inheritance in government securities that earn 7% per year, municipal bonds that earn 6% per year, and mutual funds that earn an average of 10% per year. She will spend at least $40,000 on government securities, and she wants at least half the inheritance to go to bonds and mutual funds. Government securities have an initial fee of 2%, municipal bonds have an initial fee of 1%, and mutual funds have an initial fee of 3%. Karen has $2400 available to pay initial fees. How much should be invested in each way to maximize the interest yet meet the constraints? What is the maximum interest she can earn? more

Resolved Question: how a NAV is adjusted after payment of Dividend in any mutual fund is there any formula is available or can an?

how a NAV is adjusted after payment of Dividend in any mutual fund is there any formula is available or can any one explain? more

Resolved Question: Help with Math questions. logrithams...?

1.What is the domain for the given logarithmic equation? log(x - 3) + log x = 3 1. x < 3 2. x > 0 3. x > 3 4. x < 0 2.Solve the following equation for x to the nearest ten-thousandth. 34x + 2 - 32 = 8 x = 3.The Fein family needs to have $35,000 available in 18 years when their son is ready for college. If they have decided to invest in a mutual fund that compounds interest continuously at 5.2%, how much money do they need to invest now to reach their goal? 1. $13,726.77 2. $1,372.67 3. $15,349.20 4. $1,534.92 4.In the Midwest, a small town had a population of 1,272 people in the year 1995. The population was expected to reach 3,000 people by the year 2005. What is the annual rate of exponential growth of the population for this town yearly, to the nearest tenth of a percent? Answer: % 5.Solve the following inequality:((3^x)+1)/(3^x)≤4 1. x ≤ -1 2. x > -1 3. x < -1 4. x ≥ -1 6.How long will it take, to the nearest hundredth of a year, for an investment to triple if it is going to be invested at a rate of 11% compounded continuously? Answer: year(s) please help!!.. if you have work that'll be great if not. its cool. i just don't get these questions at all. even if yuo just know one of them that would be greatly appreciated!#2. correction 3^(4x+2) -32=8 more

Resolved Question: what financial savings is best for me now?

I'm just startimg and dont have lots of money to invest in 529, ira, bonds, stocks, mutual funds,... and all the options available that people suggest to invest in. Right now, what's is the best option to put my money in? or maybe slit it in half in two options. help. thanks more

Resolved Question: Can you help me with some / any of these economic Indices / Statistics please ? Not All, Any will do?

I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds more

Voting Question: Can you help me with some / any of these economic Indices / Statistics please ?

I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds more

Resolved Question: Mutual fund query of an Indian investor.?

I am invested in the following mutual fund schemes since last 1 (one) year through SIP. 1. SBI Contra 2. SBI Magnum Global 3. Prudential ICICI Dynamic (Growth) In the present market scenario, are they worth being invested or should I redeem them? Can any one give me the list of some of the best mutual fund schemes available in India. more

Voting Question: Can I deduct foreign tax paid by mutual funds in Arizona state income tax returns?

Can I deduct foreign tax paid by mutual funds in Arizona state income tax returns, just as i can deduct foreign tax paid by mutual funds in federal taxes [Form-1040, line-47, using form-1116]. if so, do i use form-309. but this form is a single country only. what do i do if i have a europe fund that pays taxes to several european countries and no breakdown is available more

Resolved Question: SIP Which one to choose?

Hai.. I am a salaried person work for a private firm. I would like to invest in mutual funds through SIP. But I am confused which one to take among the hundreds available. I would like to invest in two or three funds of minimum investment Rs 1000/- p.m. I can take risk in one of them. Pls suggest me a good fund in a present market scenario. more

Voting Question: please help me with this finance problem?

Herman and Grace Rohrbach are in their mid thirties. They are reasonably well off financially insofar as Grace's mother has established a trust fund to educate their two children, Barbara and Frances. The Rohrbachs lead rather simple lives and have no desires for lavish spending. However, they do face one major financial challenge: how to have sufficient resources in their retirement years. Herman owns his own camera shop and Grace has no employment income, although she often works in Herman's store. The Rohrbachs have accumulated around $50,000 in savings, which is invested in a bond mutual fund, currently earning 5 percent after taxes. They have no other savings programs, either personal or through business. If Herman retired today, his only income would be Social Security, which he estimates to be $18,000 annually. He would sell the business immediately prior to retirement. He has no idea what it will be worth then, but he believes he could get $100,000 for it today. To live a comfortable retirement, the Rohrbachs think they need an income comparable to their current one, which is $60,000 after income taxes. The Rohrbachs clearly need help to determine if they need to increase their annual savings to meet their retirement goal. Finally, the Rohrbachs will live off Social Security and interest from accumulated savings available at retirement. They will not touch any principal in their savings accounts, preferring instead to leave that money to their children. Retirement is planned in 30 years. 1. Social Security is indexed to inflation. If the inflation rate is 3 percent over the next 30 years, how much Social Security income will the Rohrbachs receive? How much will their income (currently $60,000) be at that time, assuming it grows at the 3 percent rate? How much, then, will be the shortfall - the difference between the two? 2. How much will be in the bond at retirement, assuming that it continues to earn 5 percent? 3. Herman has a very good location for his camera shop and can renew the lease indefinitely into the future. Suppose that its value increases by 10 percent annually over the next 30 years. How much will it then be worth? 4. Combine your answers to Questions 2 and 3. The total represents an amount available to the Rohrbachs at the beginning of retirement. Now assume that they sell the camera shop and put the proceeds into the bond fund, and the fund continues to earn 5 percent during their retirement years. Are these annual earnings sufficiently high to meet the income shortfall determined in Question 1? Your answer should be "no." Determine how much they must invest each year to accumulate a sufficient amount, which can also be deposited into a bond fund. Assume they earn 12 percent on these annual (end of year) investments. more

Resolved Question: Which one fund would you invest in now.?

I have the follwoing funds available to my 401(k) plan. I have only around 4500.00 in there. If I was to choose only one or two funds which one do you recomend. Here is the list with expenses: Stable Value Fund -.67+.25 American Funds US Govt.-.65+.25 PIMCO Total Return-ptrax - .68 + .25 Washington Mutual Inv.-rwmcx - .93 + .5 Davis NY Venture Fund-nyvtx - .84 + .25 Mutual Beacon Fund-tebix - 1.12 + .3 Templeton World-temwx - 1.06 + .24 Openheimer Global fund-oppax - 1.08 + .24 River Source Mid Cap Value Fund-rmcvx - 1.16 Wellingotn Small Cap Value-jesvx - 1.19 + .05 Mid Cap Index (SP 400 Index) fund-jecix - .57 + .05 Fidelity Contra Fund-fcntx - .89 International Value Fund-jivix - .99 + .05 John Hancock Small Cap Fund-dsisx - 1.59 + .3 DWS Mid Cap Growth Fund-smcax - 1.29 + .25 Munder Small Cap Opportunities fund-jisox - 1.1 + .05 AIM Constellation Fund-cstgx - 1.21 + .25 Quantitative Mid Cap Fund-jiqmx - .85 + .05 International Equity Index Fund-jeiex - .6 + .05 Any help would be appreciated. Thanks, Dale more

Resolved Question: Short Term Investment Mutual Funds?

In addition to money market funds are there any other short term investment mutual funds available? more

Resolved Question: Private company stock split?

I have a question about a stock split my company recently did. We are a privately (shares not for sale on the open market either to individuals or mutual funds)held company but for some reason that escapes me, my company split its stock. They said they wanted to get the price of the stock more in line with our competitors who are publicly traded. Our stock is only available to senior employees and is given, not sold. What am I missing here? Why split the stock of a privately held company? Why care if our stock price is in line with our competitors? Thanks.Zaltar, I agree with your answer as I can see no other reason. Can there be another reason. By the way, the stock split 20:1 more

Resolved Question: Basic Questions on Share market?

Hi, I am very beginner to the share market,Now i am Planning to Invest. I have lot of basic questions, so thought of asking some experts for answers, Kindly plz.. answer to all of my questions It will be really a big help to me. Questions: 1.) I know that tO trade shares i need Dmat and Trading account so through which trading account(Best) i can trade all BSE and NSE share? 2.) First of all i am planning to start with small investment like Rs 10,000/- So iam Planning to buy small shares which are having value Less then RS 1/-.I am planning to buy shares like 0.35 Paise ,0.50 paise ... ,like these kind of shares,so can i buy these shares through online ,i mean can i trade these kind of shares also. 3.) What are the online charges(Broker charges),and FOr how much i have to pay, for eg : if I bought shares for Rs 5000/- and i sold those for 6000/- then i have to pay for Rs 6000/- or for 11000 (5000+6000) 4.)From the day when i thought of investing in shares that day onwards i am looking ICICI DIRECT.com website for the list of all shares and prices, but one day i found that one share name is missing which iam observing everyday,why it happened and basing on what conditions it occurs and i tried to see the price of the same share in rediff.com i got a messsage that no data available.when these kind of situations we will face..? 5.)I observed some symbols just beside the share price what i understanded by those symbols is if there is an upward arrow then share price got increased if it is downward then the share price got decreased but some times i am seeing a symbol like "<>" and i searched for this symbol in rediff i found that this is equal to MF holdings,MF means Mutual Funds i think so, but why this symbol is coming by the side of the share price?what does it mean 6.)If i take any trading any account from any Broker they will provide me any software to see my share prices,or i need to get any other software from net 7.)Is there any free software so that i can download ,through which i can view very latest share prices and sort according to the price and see the 52 weeks low price last weeks low price and current price in serial columns and can add any other information basing on my own criteria? and tell me the best free software which you are using. 8.)At what time i can buy and sell shares only at market times i.e: mornign 9:55 Am to eve 3:30 Pm from Monday to Friday or i can buy and sell at any time 9.)how many shares of a same company i can buy at a time. is there any limitation how can we know how many shares are free to buy i mean how many shares are there for a particular company to buy,and how many we can buy. 10.) How the broker will know what type of trade iam going to do (Intra Day or Inter Day) I need to Inform him before.Suppose i informed him as Intra day and can i keep those shares and can i tell that iam switching into Inter day what is the procedure?Please tell me in detail...i dont know any thing about it. 11.)Right now iam seeing in ICICI DIRECT.com and Rediff.com for the Prices, in both sites the prices are not matching. iam confused.Tell me one best site or any best alternative way to see the very latest and current share prices of all types and and of all range. Is my idea is good to buy small shares Please advise me. Please respond to all these questions I will be very Thank full to you.Thank you Thank you Thank you very much. more

Resolved Question: Is it wise for me to use leverage to purchase dividend paying stocks?

Is this the time, between now and say summer, for the average investor to borrow money to purchase buy and hold stocks? A basket of normally expensive blue chip type stocks that have high dividend yields and are thought to be value priced in this current market?. These stocks are expensive to buy for investors like me who invest using a portion of our paycheque. We are forced to purchase index funds/mutual funds until our wealth is high enough that we can justify paying brokerage and trading fees for ETF's or individual stocks. Perhaps now is a time to consider borrowing money to purchase long-term buy and hold dividend yielding stocks because the dividend yields and potential share price increase will erase the cost of the transaction fees. Here are my thoughts: -Yes dividends are not considered safe until they are PAID but once paid for me they are taxed at 25% of my normal income tax rate (Cash interest is taxed at the full rate for example).. -Assuming (in Canada) the interest owing on borrowed money used to fund equities purchases is tax deductable. -Or else I can borrow money to contribute to a Retirement tax shelter (RRSP) and instead of claiming interest as a tax deduction, I would get a automatic reduction of income taxes owing. In my case it'll be 34% of the amount I contribute to the retirement shelter. -As a personal creed I never borrow money unless I have an equal amount available to pay off that debt. Now this may not be a course of action for myself but what about others? Is leverage recommended for the little long term investor? more

Resolved Question: what is a good investment giving our current economy?

am in a a bit of a tough position and I need a good resource. My dad passed away a few years ago, and left my mom with a decent amount of money. Not a ton, and probably not enough to have retired on, but she has a good start. She has never worked outside the home, and is old enough that starting a real job is out of the question. My dad was one of those guys who if he stayed on top of it, could have (and probably still could) make a killing in the market... if he wasn't lazy about it. He knew what to buy, and when to buy it, but he let things sit for too long without reacting as he should have. For example, even the firms he invested with were impressed with his investment choices, but he never refinanced his mortgage, which sat at 11%. Much of his savings was in individual stocks. Needless to say, they aren't anymore. Now my mom is trying to figure out what she wants to do with the money she has. I know enough to get by and prepare for the future with where I am in life. The strategies that I would use don't make any sense for my mom, as my tolerance for risk is still higher than hers. So what I am looking for is, do any of you have any good references on anything that will either help my mom manage her money, or help me to manage it for her? Right now, she is just looking for something that defines what her options are (CDs, Mutual funds, money market accounts, etc). Beyond that any good resources for retirement strategies? She is just young enough that social security isn't available, but old enough, and in enough poor health that a job isn't practical. more

Resolved Question: Im intersted in investing mutual funds...Is 10,000 is good enough to start investing...?

I have no idea about mutual funds. Im Planing to invest in it. Is it possible to start with Rs 10,000. What are the plans available. which company is doing that. Can i expect monthly returns from it.???? more

Resolved Question: To sell or not to sell mutual fund B-shares with high expense ratio?

My employer's 401k plan is through Lord Abbett. The only funds available to us are B-shares with very high expense ratios -- many are over 2% -- back-end loads of 5.00%. I have been contributing for the past year, and there is a chance we may switch to Fidelity, whose mutual funds have fees closer to 0.7%. Should I: A) Liquidate the B-shares and sacrifice 5% of my portfolio to the back-end load in favor of the lower ongoing 0.7% fee, or B) Keep the B-shares I have until they convert to A-shares in 2016? Obviously nobody can predict what the market will do, but assuming the shares perform equally well over the next 8 years, am I better off taking a 5% hit now, or 2% annually for 7-8 years? more

Resolved Question: Buying Vanguard mutual fund through Vanguard or a Broker?

I was planning on purchasing shares in Vanguard's 2055 retirement mutual fund. However there is a $3000 minimum initial deposit to start a fund. Does this minimum still apply if I bought shares in the fund through a low-cost broker such as Tradeking that let me purchase individual funds and stocks? Or would this fund not be available through them? If it is, would it make sense to buy it through them and avoid the fees associated with Vanguard?Tradeking is $4.95 per trade. I don't believe there are any other fees with them. more

Resolved Question: What is your opinion of the attached editorial?

History repeats in housing disaster We all await word from Washington, D.C., concerning our new president’s plan to fix the economy. We’re told to expect bags of money to be distributed by the federal government soon. We’re expected to believe the generosity of Washington will save us from our current circumstances. Really? Let’s take a look at what brought us to the current situation. Research begun immediately after the stock market crash of 1929 found that a major factor in the market crash of 1929 was a sudden downturn of real estate prices (a housing bubble burst). Does this remind us of recent events? In 1932 Senator Glass and Representative Steagall co-sponsored a bill to preclude a recurrence of what happened in 1929. This bill, intended to keep commercial banks from selling loans to investment banks, was known as the Glass-Steagall Act. President Roosevelt signed the bill into law in 1933. The deepest significance of the new law was to require mortgage lenders to pay close attention to the viability of every loan they were considering. Since new loans could no longer be sold to investment banks each lender was strongly motivated to be sure a borrower was capable of repaying the loan. In 1938 the Federal Government created FNMA (known as “Fannie Mae”), a Federal agency whose purpose was to make more money available to lower-income citizens for purchasing of homes. In 1968 the Feds acted again. The structure of Fannie Mae was changed to public corporation. Known as a Government Sponsored Enterprise (GSE) this revised structure enabled citizens to invest in mortgage lending markets by buying stock in Fannie Mae. Later that same year Uncle Sam created “Freddie Mac” as a GSE. The Feds were working to make even more money available to lower-income folks for the purchase of homes. In 1977 the Community Reinvestment Act (CRA) was enacted to “encourage” lenders more aggressively to make money available to home buyers, primarily in the inner-city neighborhoods. There has been a long-established concern in Washington about home ownership and lower-income people. This is not necessarily a bad thing. Early in the Clinton administration Attorney General Janet Reno announced that the Justice Department would start investigating lenders who were not meeting the “aims” of the CRA. To avoid being charged with misconduct alleged by the attorney general, many mortgage lenders began granting loans to applicants who otherwise might not qualify for a standard loan. The so-called “sub-prime market” was born. Paying higher loan fees and higher interest rates on these loans, low-income borrowers were helped to access home ownership. 1999: In its infinite wisdom, Congress repealed Glass-Steagall. Now mortgage lenders could once again sell their loans to investment banks (Wall Street). With many questionable loans now on their books there was great motivation to do so. Upon purchasing loans from lenders, investment banks would package them as investments (known as Collateralized Mortgage Obligations or CMOs) and then promote them to mutual fund companies. This is how this all got into your 401k ! Early in the current decade there were numerous reports to Congress about the questionable dealings at Fannie Mae and Freddie Mac. Regulators’ voices were heard in Congress urging immediate investigation. Each time the voices were silenced with strong retort from the likes of Senator Christopher Dodd and Congressman Barnie Frank. No investigation was ever conducted. Where are we now? We are expected to believe that the Federal Government can “save our economy.” Do you believe that? You can’t be serious. The Federal Government created this mess. Last week Mr. Obama stated he had only recently become aware of how bad our economy is. Are you kidding me? We are supposed to look to this guy for real leadership and real change? This is absurd ! Write your Congressman. Demand that a new Glass-Steagall Act be put in force immediately.Peyton - You own something alright but it isn't anyone else. more

Resolved Question: Can someone translate these phrases/terms into Chinese?

No online translators please. But if you know how to write any of these in Chinese or pin yin, thanks ahead of time: Debt consolidation loan Debt consolidation loan Mortgage Car Insurance Mutual Funds Home Owner's insurance Help with renting an apartment Help with renting a business space Contacting customer service and making inquiries Making phone calls in English No Broker fees Buying a house Notary services "Most services are available for business and personal use" Interpreting services Interpreting at the bank, Bilingual in Mandarin and English Marketing Advertising Help with filling out forms and reading English documents more

Resolved Question: what are the online methods available to buy Mutuals funds? ?

Hi, I am new to Mutual Fund world, I would like purchase some Mutual funds through SIP in online, I do have ICICI dematt account, where I can buy MFs online,but maximum months set to only 24 months.But I have an idea of investing 5-10 years using SIP..so is there any other option or by anyother means, can we do online MF trading? more

Resolved Question: Amongst the Mutual Fund schemes (so many of them) available in market how to decide which is better one ?

Hi as in India now there is so Much of spurt in investment I am often confused between equity & mutual funds Now when I have finally decided to go for MF over Equity I am again baffled by so many MF schemes . Can anybody please guide me what are the fine points to ask from the Asset Management Company offering the MF scheme ? more

Resolved Question: which is best source to buy Mutual funds and other investments?

Hi all I want to buy some mutual funds ? what are the available source to buy ? and which is the best among them so that i can reduce the amt to be paid to the brokerage firms or middleagents?plz clarify me? more

Voting Question: Tax Saving Mutual Funds in india?

Experts, I want to invest 50K in Tax Saving Mutual funds for the income tax saving. can anyone pls help and suggest the benefits and drawbacks of this option for tax saving purpose. also suggest the best available mutual funds which i should opt for the investments.  more

Voting Question: How long for a check to clear?

I had to give my landlord a check but i wont have the funds available until thursday or friday. Im sure he put in in on saturday through his bank. I have washington mutual. I know the banks are closed tomorrow. do i stand a chance? more

Resolved Question: In which mutual fund can I get the best returns?

I have just started earning. And am looking to invest around Rs. 10000-20000 in some good mutual fund. Also, i want to save my taxes with that. Is the dividend payout the best option available? more

Resolved Question: HAVE YOU BEEN RECEIVING E_MAILS OFFERING YOU AMOUNT OF CLAIMS? I BELIEVE THIS IS A SCAM?ARE YOU ALREADY AWARE?

They stated that they are bank officials in Bank of Africa is asking you to be involved to get claims of a dead man in order for both of you to share the huge amount of money stated as $10.3 million and $18.5 million. They said they will be assisting you through the course of the transaction. They will also get your private number and fax number, and these info might be the start of their monkey business, when you give them your numbers!?! I don't know exactly how they operate but this is what's inside the letter. To those who know how they operate please state their 'modus operandi' so we would be aware.. Thanks! LETTER from LIKELY SCAMMERS: DEAR FRIEND, I AM MR.DIOUF MOUKA,THE BILL AND EXCHANGE MANAGER. I WORK IN THE AUDITING/ACCOUNTING SECTION OF THE BANK OF AFRICA(BOA),OUAGADOUGOU, BURKINA FASO. I HAVE A BUSINESS DEAL WHICH WILL BE BENEFICIAL TO THE BOTH OF US. THE AMOUNT OF MONEY INVOLVED IS EIGHTEEN MILLION,FIVE HUNDRED THOUSAND USA DOLLARS ($18.5 MILLION US DOLLARS) ,WHICH I WANT TO TRANSFER OUT OF THE COUNTRY TO YOUR BANK ACCOUNT, ALL TO MY FINANCIAL BENEFIT AND YOURS TOO. AND ALSO TO TAKE MY WIFE TO USA FOR TREATMENT OF LIVER DAMAGE. THIS MONEY WAS OWNED BY ONE OF THE CUSTOMERS IN OUR BANK.THE MAN'S NAME IS CALLED ANDREAS SCHRANNER FROM MUNICH,GERMANY.HE WAS INTO PROPERTIES AS HIS BUSINESS IN GERMANYAND BUSINESS COMMERCIALIST IN WEST-AFRICAN REGIONS. HE HAS BEEN DEAD SINCE EIGHT YEARS AGO ON 25TH JULY,2000 CONCORDE PLANE CRASH[Flight AF4590 ] WITH THE WHOLE PASSENGERS ABOARD . N.B.IN OTHER FOR YOU TO BELIEVE ME HONESTLY GO THROUGH THIS (website) BEFORE YOU START WITH ME. BELOW IS THE WEBSITE: ( http://news.bbc.co.uk/1/hi /world/europe/859479.stm) AND SINCE THEN,NO CLAIM HAS BEEN PLACED IN HIS BANK ACCOUNT BALANCE. I WANT TO TRANSFER THIS MONEY OUT OF THE COUNTRY BUT SUCH FUND CAN NOT BE TRANSFERRED WITHOUT A NEXT OF KIN ATTACHED TO THE FUND. THE FUND COULD BE TRANSFERRED IN THESE WAY;YOU SHALL PRESENT YOURSELF AS BUSINESS ASSOCIATES TO THE DECEASED PERSON[ANDREAS SCHRANNER] OR AS THE ONLY SURVIVING NEXT OF KIN,AS DETAILS SHALL BE THAT YOU ARE THE CARE-TAKER BUSINESS ASSOCIATES TO MR.ANDREAS SCHRANNER AND HIS PROPERTIES. I SHALL MAKE AVAILABLE TO YOU MATERIALS AND INFORMATIONS WITH WHICH A SUCCESSFUL CLAIM SHALL BE PLACED ON THE FUND. I SHALL BE YOUR GUIDIANCE AND INSTRUCTOR THROUGHOUT THE DURATION OF THIS TRANSACTION SO AS TO ENSURE A SWIFT AND SURE TRANSFER OF THE FUND TO YOUR BANK ACCOUNT. AS TO YOUR BENEFITS, YOU SHALL BE ENTITLED TO 40% OF THIS FUND FOR YOUR CO-OPERATION IN THIS TRANSACTION WHILE 5% WILL BE SET ASIDE FOR EXPENCES BOTH OF US MIGHT INCURE DURING THE COURSE OF THIS TRANSACTION. SO IF YOU ARE INTERESTED, SEND A REPLY TO ME IMMEDIATELY AND IN YOUR REPLY PLEASE INCLUDE YOUR [PRIVATE PHONE AND YOUR FAX NUMBERS] URGENCY HAS TO BE IMPLIED AND THIS BUSINESS MUST STRICTLY BE A DEAL BETWEEN BOTH OF US. BEST REGARDS, MR.DIOUF MOUKA. Bill & Exchange Manager(BOA) ANOTHER LETTER: From Dr Amudu John . The Personal Assistant Manager, Bank Of Africa(B.O.A) Ouagadougou, Burkina-Faso. PRIVATE AND CONFIDENTIAL Dear Friend, This message might meet you in utmost surprise,However,Its just my urgent need for a foreign partner that made me to contact you for this transaction, I am Dr Amudu John personal Assistant to the Branch Manager of Bank Of Africa(BOA)Ouagadougou Burkina Faso. I want to inquire from you if you can handle this transaction for mutual benefits/life opportunity for you and me. The transaction is about seeking your consent to present you as the next of kin/ beneficiary of the US$10.3 MILLION DOLLAR,(TEN MILLION,THREE HOUNDRED THOUSAND UNITED STATES DOLLARS), and who is a customer to the bank where i work. This money is owned by a man called MR HASSAN ABDULLAH,a Lebanese who was involved in the december 26th 2003 Benin plane crash in West Africa, with his family during their vacation journey . The Fund is currently in a suspense account awaiting claim, the bank made a public notice that they are ready to release this fund to any of his relatives abroad. THEREFORE, by virtue of its nature as being utterly CONFIDENTIAL, top secret should be maintained please!,because i am still in the active service i do not need any form of implication especially now I'm in the verge of my retirement to endanger my career at last!. Since we got the information about his death, we have been expecting his next of kin to come over and claim his money because we cannot release it unless some body applies for it as next of kin or relation to the deceased as indicated in our banking guidelines and laws. In that regard, i decided to seek your consent for this prospective opportunity. Have it at the back of your mind, that the transaction does not involve any RISK, and does not need much engagement from you, since i am familiar with this kind of transaction being an more

Resolved Question: If Cap.gain tax treatment is as a trader, can I still get tax exemption out my long term mutual funds gain?

For traders I.T. is payable at normal applicable rates and there is no tax exemption from capital gain out of sale of equity shares for long term. But, will the benefit be available for mutual funds units sale held for long term (one year)?  more

Resolved Question: How come Obama is lying about raising taxes?

Obama wants to restore the inheritance tax Many families lost businesses, farms, ranches, and homes that have been in their families for generations because they could not afford the inheritance tax. Those willing their assets to loved ones will lose them to these taxes. DIVIDEND TAX - currently 15% McCain will not raise it Obama will RAISE it to 39.6% How will this affect you? If you have money invested in stock market, IRA, mutual funds, college funds, life insurance, retirement accounts, or anything that pays or reinvests dividends, you will be paying nearly 40% of the money earned on taxes if Obama becomes president. The experts predict that 'Higher tax rates on dividends and capital gains would crash the stock market, yet do absolutely nothing to cut the deficit.' CAPITAL GAINS TAX McCain - NO increases or changes Obama - INCREASE to 28% on profit from ALL home sales. How does this affect you? If you sell your home and make a profit, you will pay 28% of your gain on taxes. If you are heading toward retirement and would like to down-size your home or move into a retirement community,28% of the money you make from your home sale will go to taxes. This proposal will adversely affect the elderly who are counting on income from their homes as part of their retirement income. New government taxes proposed on homes more than 2,400 square feet. New gasoline taxes (as if gas weren't high enough already) New taxes on natural resources consumption (heating gas, water, electricity) New taxes on retirement accounts, and last but not least.... New taxes to pay for socialized medicine so we can receive the same level of medical care as other third-world countries!!! PLUS by allowing the Bush income tax cuts to expire, the taxes will go back to the higher rates under Clinton, doesn't take a rocket scientist to figure this out, and see through the marxist agenda of Obama. All of the above info is available to you on Obama's own website by the way  more

Resolved Question: My 401(K) is down 35% year to date, with the current economic upheaval should I stop contributing for now?

My 401(K) is down 35% year to date after contributing 10% of my annual salary pretax. I''ve kept an eye on where my contributions were going and stayed with the top rated mutual funds available to me in my company plan. Regardless, I'm seeing my YTD personal rate of return getting progressively worse. Am I buying up the funds at a bargain? Or ,would I be better off stopping the contributions to my 401(k) until things stabilize? I could put that money into more readily available savings. My job may not be so secure. more

Resolved Question: How long does it take for funds to become available with WAMU?

I just opened an account 2 days ago with Washington Mutual. I opened 2 checking accounts. 1 is for personal use such as writing checks, cashing checks etc, the other I made is for ebay so I can deposit my paypal money and withdrawl to paypal etc. Today I got paid by my employer. My question is, the payroll company is out of Texas and I live and bank here in Florida. If I deposit my payroll check today how long will it take for the funds to be available? Also out of curiosity how long does it take the bank to actually verify the funds? I am nervous about depositing it because I read somewhere they might put a hold on it for 7 days leaving me stranded. The check is for 2,194.67 someone let me know!!! ThanksSo I basically won't have any access to my money then until the 7th business day? Or will they make it available but it won't clear for 7 days? more

Resolved Question: Can Someone Explain This To Me (10 Points)?

I'm playing the Stock market Game at school, and these are my results, I don't really get them though...Can someone explain? Cash Balance: ($65,035.98) Value of Long Stocks: $155,976.40 Value of Mutual Funds: $0.00 TOTAL Value of Longs: $155,974.84 TOTAL EQUITY: $90,938.86 Value of Shorts: ($19,154.00) Buy Margin Req.: $87,565.20 Available Equity: $3,373.66 x2 BUYING POWER: $6,747.32 Min. Maintenance: $52,539.12 Interest and Dividends: $66.79 Fees and Commission: ($3,996.27) Realized Gains/Loss: ($292.78) Net Equity Gain: ($9,061.14) Percent Return: -9.06 % Oh..lol, how much money do I have right now? And how should I do better?I'm buying good stocks, though, at least I think I am. I bought Microsoft, Best Buy, Exxon, Google. more

Resolved Question: Is my fidelity Money Market Mutual Fund safe?

This is what it invests in: Primarily invests in U.S. dollar-denominated money market securities and repurchase agreements for those securities. The fund may also enter into reverse repurchase agreements. The fund also invests more than 25% of its assets in the financial services industry. An investment in this portfolio is not guaranteed or insured by the FDIC or any other government agency. Although this money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in this fund. Yield will vary. I have my entire 401k in this account and I'm wondering if its safe in today's market. I'd like to put it into a municipal bond fund that is tax free, but its not available in my 401k. Should I roll it over into an IRA and if so what are the pros and cons to rolling over? Any suggestions would be greatly appreciated. more

Voting Question: what are the links available to understand the investment in mutual funds and IPO's?

I want to understand about mutual funds and IPO. Please help me to understand this. I am new to this and want to know. more

Resolved Question: Does anyone know how long it takes for funds to be made available when you deposit a check into a Washington ?

Mutual checking account? The check is a personal check and I want to know how long it will take to clear and the money be put into my account. more

Resolved Question: Looking for advice on the best way to invest $25,000 as someone in my mid-20's?? ?

I am looking for advice on the best way to invest $25,000.00 I recently turned 26. I am not looking to purchase a home until my late 20's as I may need to travel/relocate within the next couple years for work. I do have a 6 month emergency fund available, and I am able to pay all bills with my current income, so I will not need the $25K for at least a couple years. I don't have much credit card debt, but I do have a Car loan like $270 PM. I am looking for the highest rate of return, and I am open to taking investment risks. I would like to learn about investing in stocks/mutual funds, but I don't know if I have enough experience/knowledge to start myself, and wouldn't know where to begin with this sum of money. Any input/suggestions appreciated! more

Resolved Question: Why won't a stock broker email you recommendations on bonds and mutual funds?

I have an account with Edward Jones and the broker there will not email me anything. I travel a lot and in many cases I am not available to talk by phone and miss opportunities to buy bonds because the broker will not email me a Prospectus. This is the same on Mutual Fund recommendations. I am told they call only talk on the phone or in person. Why is this? more

Voting Question: Is Reliance SIP Insure, really the best mutual fund in India, at present ?

I've been doing some research (everyone does when investing their hard earned money) and almost, all of the analysts told me that Reliance SIP Insure is the best investment option available in India. I also came across this site http://mutual-fund-investor.blogspot.com which tells about a whole lot of benefits of it. It really seems very promising. Please send me your comments more

Voting Question: I want to know how many capital guarantee mutualf funds are available in India currently?

And which mutual fund houses are offering them. If somebody has a list pls pass on. I m not able to get this info on net...somebody who has been keeping track on mutual funds...pls help more

Resolved Question: Mutual Fund Trading Volumes...Where can I find these??!!?

Why is trading volume data not available for mutual funds when searching on yahoo or bloomberg as with stocks? Are mutual fund volumes published anywhere? Or why are they not avaialble on most financial websites? more

Resolved Question: Need to know where to place my money to yield maximum return...?

In a couple weeks, a CD (cert. of deposit) of mine will mature and it will yield approximately $7000. I need to know, for either short term or long term, what the best option is for growing this sum of money. In less than a year, I will be living in my first apartment and will need quick and easy access to cash to pay for the down payment, monthly rent payments, etc. Should I steer clear from placing this money into a savings account given the inflation rate is currently hovering around 5% and the avg. savings account has an interest rate of only ~3.5%? What about diversifying and investing this money into various stocks, or is this too risky right now given the economy's and market's precarious condition? Are there 1-year bonds available? What about long term options, i.e. mutual funds? Any help would be highly appreciated. ThanksTo 'not7methos': I'm looking for a serious answer to my question. I realize you think it's funny to give an inane and thoughtless answer to my question, but honestly, it shows that you're just completely wasting your time, and, quite frankly, your life. You seriously have nothing better to do than to go onto Yahoo Answers and give silly and fake replies? more

Voting Question: Where can I find mutual fund trading volumes?

Why is trading volume data not available for mutual funds when searching on yahoo or bloomberg as with stocks? Are mutual fund volumes published anywhere? Or why are they not avaialble on most financial websites? more

Resolved Question: which is the better option to invest around 1 lakh?

Hi, good morning I would like to invest around 1 lakh and leave that amount for the next 20 years. My age is 27. I am confused with mutual funds, ULIP, Insurance, Fixed deposits, postal NSE scheme etc Please suggest me the best option available to get good returns more

Resolved Question: Foreclosure question; If I forclose on an investment property, which .....?

is valued 80k below the mortgage amount due to the market meltdown. My question is, can the bank come after my assets other than that house (savings, mutual funds, other property)? Thanks for the info and plz provide relevant sources if available. more

Resolved Question: Is there a crash course available in Bangalore where I can learn about tax, mutual funds etc.?

I am a science graduate and have no experience in dealing with personal finance as well. Would like to have working knowledge of mutual funds, stocks, shares, taxation and other investment types - just so that I can manage my personal financial portfolio. Just a short term or crash course in Bangalore. If you know of any, grateful if you will let me know. Thanks more

Resolved Question: Algrebra...PLZ HELP... How do I solve these investment word problems?

1) A charity deposited a total of $54,000 in two simple interests accounts. The annual simple interest rate on one account is 8%. The annual simple interest rate on the second account is 12%. How much was invested in each account if the total annual interest earned is 9% of the total investment? 2) Sarah is the manager of a mutual fund. She placed 30% of the fund's available cash in a 6% annual simple interest account, 25% in 8% corporate bonds, and the remainder in a money market fund earning 7.5% annual simple interest. The total annual interest earned from the investments was $35,875. Find the total amount invested. ~~~If you can solve & explain either one I will greatly appreciate it~~~ Thanx =] more

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