|
|
| *Home>>>Investment Plan |
Is there a long term investment plan that I can buy and sell stocks through? |
Is there some kind of tax-exempt retirement thing where I can buy and sell securities through with complete control? If there is one, what kind of penalty is assesed for cashing it in early? They are called IRA accounts. You can invest up to $4000 a year if your income is under a certain amount. It varies depending on whether you are married or not. Don't ask me why that should be. Is is called an IRA--Individual Retirement Account. There are two types. Roth IRA and traditional IRA. My favorite is Roth IRA because all money earned by that account is tax free. Over 20 to 40 years. That can be a lot of money. Every on line broker I know of offers them. You can start one by April 15, and deposit money that counts toward your 2006 contribution. Get with it. A 401K is an employer sponsered plan. They do not allow buying and selling stocks. They normally have mutual funds you can invest in. Report It With a traditional or Roth IRA, you can easily do this. The account will be just like a regular brokerage account in which you can trade stocks through but will have the tax-advantaged features of an IRA. |
| Tags |
| Investment Trading Investment Strategy Investment Services Investment Portfolio Investment Plan Investment Performance Investment Options Investment Opportunity Investment Manager |
| Related information |
Since u are looking at good returns i wud suggest u to go for DSP ML small and midcap fund. With a small and midcap fund on hand, going for HDFC Top 200 wud be gud. If ur really lloking for g... an auditor \ chartered accountant will be a right person ...I'm assuming you want to invest in mutual funds. You have lots of choices to invest. You could find a investment advisers near your place, like Karvy, Geojit etc. They'll help you with yo... Hi, There is nothing called the best SIP. The SIP is the best way to invest in mutual funds. It totally depends in which mutual fund you want to invest in. Ideally to get good returns from SIP y... That website is a total scam. $1 for just first month premium and then it is adjusted to your current age after that. If you want to do the right thing, you would keep investments separate from ins... Short term savings is defined as any money that is accessible (liquid). Some short term savings vehicles are a 3 month CD, savings account or money market account. Money market accounts offer g... There are quite a few options u can opt for tax savings. A) Tax saving Mutual Funds ("MF") --> which comes with a lock-in period of generally 3 yrs. i.e. you can not get back your mon... Any broker, brokerage co, mutual fund, etc are regulated and policed by the SEC. (Securities and Exchange Commission.) Always read a plans prospectise. Check to see if a broker has ever been disc... |
Categories--Copyright/IP Policy--Contact Webmaster |