Posted March 31st, 2009
by admin
audidriver79 asked:
I have some settlement money (about $28K) that I would like to invest. Everyone tells me to put it in a mutual fund. Can someone explain to me what exactly a mutual fund is? Will I be able to cash it out whenever, or do I have to keep it in for a certain number of years? Can I buy a mutual fund through Scottrade? What’s the best mutual fund?
Tags: Invest, Mutual Fund, Scottrade
Posted in Investing | 6 Comments »
Posted March 31st, 2009
by admin
michaelblog asked:
I am the beneficiary of my father’s mutual fund or IRA. When the money is distributed to me, does the IRS see that as income or as inheritance? How it is taxed?
Tags: Fund Beneficiaries, Inheritance, Mutual Fund
Posted in United States | 2 Comments »
Posted March 15th, 2009
by admin
weavey wonder asked:
I am 16 and my dad wants to open a mutual fund for the family,but what happens if he dies or something. How and who is the funds carried to. Do we need a will?A lawyer will be too much money. Will hais children have access to the funds?
Tags: Dad, Lawyer, Mutual Fund
Posted in Investing | 4 Comments »
Posted February 26th, 2009
by admin
concord4512 asked:
i wanted to know what are mutual funds? when you buy one what do you have to do. is it like a stock where you have to research and keep an eye on the stock. when getting a mutual fund what is it that you have to do before buying one.
Tags: Mutual Fund, Mutual Funds, Stock
Posted in Investing | 3 Comments »
Posted February 22nd, 2009
by admin
Angela C asked:
I am looking for an agency to take my 401K to but unsure of where to start but I know I want to put it into a growth stock mutual fund.
Should I withdraw my funds first or contact (insert name here)?
Thanks!
Tags: Growth Stock, Mutual Fund, Mutual Funds
Posted in Investing | 3 Comments »
Posted January 26th, 2009
by admin
2h4u623 asked: What yearly rate can you expect in a low return mutual fund? How about a high return mutual fund?
How much can you lose?
What is the worst case scenario of investing in mutual funds (besides the bank closing down and run away)?
Tags: Investing In Mutual Funds, Mutual Fund, Worst Case Scenario
Posted in Investing | 8 Comments »
