Localfund.com - All about Fund and Investment
*Home>>>Investment Account

Is it a wise idea to move gains from an investment high risk account to a safe savings account?


Is it a wise idea to move gains from an investment high risk account to a safe savings account?

Impossible to answer. It all depends on your goals for the money, time horizon and tax situation. Here is one thought. If it is retirement money and you are 25 why would you want to move this money into savings? It could continue to grow in the high risk account. If you are retiring in a few months or a year, then yes you may want to lock in the gain. The question as stated could not be answered adequately, but hopefully this gives you some food for thought.

What is "an investment high risk account"?

In an extremely shaky market yes, but in a somewhat shaky market, I would move the money into a money market account for better safety and higher returns. I live by those words right now.

Generally, it's a good practice to move 1/2 of your relaized gains into a separate account and invest in CDs/Treasuries.

Tags
  Investment Company   Investment Calculator   Investment Bank   Investment Advice   Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund
Related information
  • Given a chance to spend 10 crores, give your account statement.No saving,no investment no charity no gift.?

    Your question lacks clarity. I am not sure what you mean, especially the cool part.Spending 10 crores is nothing.Buy peanuts.

    ...
  • How do I deduct investment advisory fees paid on my account (not an IRA)...is it really subject to the 2% AGI?

    See here's the difference, broker fees, commissions and such would be added to your cost basis. Advisory fees are deducted on Schedule A subject to the 2% AGI rule Per IRS ...

  • What is a prearranged automatic transfer of funds in an account, above a specified amount, to an investment?

    That would be a sweep. The bank I used to work at had several businesses we had sweeps set up for...some to interest-bearing accounts and some to lines of credit.

    ...
  • I am new beginner ,so please tell me about share market investment,i have an demat account.?

    yes if u buy share than it will go to in ur demat account but remember some tips before begening 1-always buy group a share 2-buy only 10 or 20 share cost 2000 rs only till two months than u wil...

  • I want to make a small investment ($100) from my checking account. But where do i begin?

    Heck, if you want a very conservative start, you cna get an online money market account that gets 5% interest, like PayPal. But if you want a mutual fund, you may have to deposit a bit more. Tr...

  • How is investment accounting? income recognition, asset valuation?

    Accounting for investments is detailed in SFAS No. 115, Accounting for Certain Investments in Debt and Equity Securiites. Generally, a company must classify its investments using the following thre...

  • What are some investment tips for a 401K account?

    Go with the higher risk/higher reward investments offered by your employer early in your career and then go safer later in your career when you get closer to retirement. And open a Roth IRA eve...

  • Investment for Disabled Child?

    You need to go to a knowledgeable attorney that specializes in this area and go to a trust department to see if they will take your account. They will almost certainly not take a small account due...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster