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How to calculate my investment in general investment account? |
i have opened a general investment account recently. i put myr 500 for a period of 3 months. the bank stated that the profit rate for 3 months is 2.74. i'll get 70% and the bank will get 30%. The online calculator I use will not let me enter anything less than 1 year. |
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First, check with the bank. In the US after 13 years they would have turned the money over to the state, and a claim can be filed. I think you are in the UK so it may be different there. ...With GBP 2,000, you are not likely to ignite a lot of interest in the U.S. Most U.S. financial institutions would not open an account for a foreign customer, unless the customers has USD 5,000 - 1... The best advice I can give you is to clearly spell everything out in a contract. If you want to form an actual business entity, you should probably consider a limited partnership if one person will... Yes. ETFs are very tax efficient, and provide a low cost way to build a diversified portfolio. Because ETFs are traded like stocks, there is a commission every time you buy or sell. For this r... Get some dividend reinvestment plans going. You can give anyone up to $11,500 a year (I think that's the current amount, but check). Put the money into stocks where the dividends are reinves... $200 is not enough to byuy shares with. Buy a CD(certificate of Deposit) with it. When you have tiny amounts of money, commissions and acct charges will decimate your little nest egg. ...You should be able to move it, but the new account might not be willing to accept shares in the fund. If they don't, you'd have to sell the shares in Putnam Growth and transfer the cash ... I am a long time Schwab (and TD) Customer and I am not an employee of any brokerage firm. Transfer out assets means you do an institution to institution transfer of your assets (stock, bonds, Ca... |
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