World Wide Market Online

Question by : Financially planning a pregnancy?
I am confident in saying that the main reason I am afraid of having a baby is bc I don’t want to get pregnant only to find out that I will have trouble providing for them later. I know that kids are expensive and in knowing this, my husband and I have set aside an account specifically for a baby. What would you say, as a parent, are the most important financial factors to be taken into consideration. Without sounding arrogant (hopefully) I just thought I would tell you the steps I have taken so far:
Purchased a home
Taken childcare costs out of our paychecks for the last year and have been investing them in a mutual fund that will hopefully pay for college?
The “baby fund” I mentioned earlier
Are there additional costs that I should be concerned about besides the normal necessities? Anything you could tell me that was/is a big financial burden on you or someone you know would be helpful, like how much it cost you annually for clothing etc, so that I can better prepare myself.
I guess I should add that my mother in law has a home daycare so baby would be at grandma’s while I work.

Best answer:

Answer by Kimberly G
figure about $ 200 annually for clothing, don’t forget to figure in formula (even if you’re planning breastfeeding, it might not happen!) which is more expensive the older they get because they drink more.

Diapers are the other regularly pricy thing, plus the “well baby” visits if you have co-pays for the doc. they always get sick so factor in antibiotic meds too.

Give your answer to this question below!

Question by Diana7744: Money Market Account – Vanguard?
I have $ 15,000 that I would like to transfer to Vanguard. I heard about the 5.10% interest rate that Vanguard is paying for their “Prime Money Market Fund.” However, I also read in their site the following:

“A money market mutual fund investment is **not insured** or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market mutual fund seeks to preserve the value of your investment at $ 1 per share, it is possible to lose money by investing in such a fund” ( https://flagship.vanguard.com/VGApp/hnw/FundsSnapshot?FundId=0030&FundIntExt=INT )

Does this mean that I can actually lose my money because their Money Market accounts are not insured? I wouldn’t mind the risk of losig $ 10 but I wouldn’t want to risk my entire money. Please help.

Best answer:

Answer by GENE M
most bank cd’s pay around 5% for 15000 and they are fdic! you could lose everything the other way. search online for bank cd rates

Add your own answer in the comments!

Question by : total assets of 57,000,000 liabilities of 8,550,00 if 15,960,000 shares are outstanding the net asset value?
a mutual fund has total assets of 57,000,000 and liabilities of 8,550,00 if 15,960,000 shares are outstanding what is the net asset value of the fund”

Best answer:

Answer by zeuz
Slightly more than $ 3 / share. The exact amount is (57,000,000 – 8,550,000) / 15,960,000

Give your answer to this question below!

Question by : Assume you’re a manager meeting with other managers discussing your company’s 401k plan. The plan provides mut?
Assume you’re a manager meeting with other managers discussing your company’s 401k plan. The plan provides mutual funds as the investment medium. This management group assumes fiduciary responsibility for the plan and, therefore, assumes responsibility to plan participants for providing a diversified choice of investments with potential for income and growth of principal. Upon discovery that four of the five funds lost money in the past year, one of the managers argues that the company should replace the underperforming funds. She elaborates, asking, “If these investments fail to yield a positive return, then how can we defend retaining the funds?” Which of the following tenets should underlie your response?

Best answer:

Answer by PrivateBanker
You didn’t list the “following tenets” but generally, your fund should be “benchmarked”. Say you have a growth fund that returns -5%. If your benchmark fund (a fund with the same investment strategy – that reflects the broader market for growth funds) has a larger negative return, say -20% return, then your fund is doing well! If the benchmark fund has a +10% return, then your fund is not doing very well in comparison.

What do you think? Answer below!

Question by Goldman-Sachs: US Saving Bonds is a Safe Investment?
I am new to the “investing fund” business, I been researching about different kinds of investing and I looked at bonds as a safe investment (heard from people, fixed interest rates despite the market changes, etc.) I was wondering if it is wise to start in the investing business by investing into US Saving bonds or any kinds of bonds? if it is lets say $ 500 minimal initial start up then is that all you put in and leaving it alone (no more paying more money? I know you can put in more of your money to yielding high returns at any time)? What about a mutual fund? is that safe as well to invest for beginners? If US Saving Bonds, Series EE or Series I; which should I chose? I heard some type of mutual funds and/or bonds are restricted and not available for the general public?

I appreciate all the tips,

Thank You and I have alot more question (I care about getting a high return on my investment over time with minimal financial obligation in the beginning)

Best answer:

Answer by Raysor
Are you sure you want income?
Bonds nit attractive for longer term as interest rates are so low. Also what do you think of inflation?

What do you think? Answer below!

Question by no: Can you help me with this problem?
I’m writing test corrections and I left this problem blank on the test. I’m supposed to use Gaussian Elimination for this problem but I don’t get where I start or what I do first. Can someone give me some hints? Thanks.

“There are three mutual funds Cal has money invested in – call them A, B, C. On average, A pays 9% annually, B pays 5% average, and C pays 6% annually. He put $ 2,000 more into mutual fund A than in mutual fund B. If Cal invested $ 17,000 in total and saw a $ 1,200 growth in its first year (assume funds met their averages), how much was invested in each fund?”

Best answer:

Answer by VFBundy
Fund A:
Principal = p
Rate = 0.09
Interest = 0.09p

Fund B:
Principal = p – 2000
Rate = 0.05
Interest = 0.05(p – 2000) = 0.05p – 100

Fund C:
Principal = 17000 – (p) – (p – 2000) = -2p + 19000
Rate = 0.06
Interest = 0.06(-2p + 19000) = -0.12p + 1140

Total interest = (0.09p) + (0.05p – 100) – (0.12p + 1140) = 0.02p + 1040

1200 [total interest] = 0.02p + 1040

Solve for p:

0.02p = 160

p = 8000

Fund A:
Principal = p = $ 8000

Fund B:
Principal = p – 2000 = $ 6000

Fund C:
Principal = -2p + 19000 = $ 3000

——————————————————————————–

Know better? Leave your own answer in the comments!

Question by : Where to park money other than withdrawing cash?
A large percentage of my 401K is in a mutual fund that is closely tied to oil prices.

I moved money into this oil fund a couple years ago when it was down.

Now its through the roof.

I now want to “take my profits” (if that’s what its called) and exit that fund while its up.

Keep in mind I am an extreme newbie – I know NOTHING about stocks or mutual funds or anything related.

So my question is: Since I can’t pull 401k money out into “cash”, what is a good / safe type of fund to park my money where it would be shielded from market fluctuations as much as possible? Would it be a “money market fund”?? I guess I am looking for something as close as “cash” as possible.

The idea of course is to park my money somewhere and wait for my oil stocks to fall, and then buy them back later. I think oil has a good future long term but I think a correction is due very soon.

Best answer:

Answer by thomas p
First, I think you are wise to take some money out of oil. There are several funds; but, I would move into an income fund. Usually the fund is labeled as an “growth” fund. I am over weight in energy; but, you are the wise one.

Know better? Leave your own answer in the comments!

Question by ` Lelaaaaツ: Money Market Fund help?
To Daryl Soliah, online investing is the same as investing over the phone or through the mail, except online investing is safer, faster, and less expensive. The Internet bulges with enough helpful information to make anyone his or her own investment advisor. In order to begin trading online, however, Daryl needs to set up a money market mutual fund account with an investment company. Cash can be parked in the account to earn a market rate of interest, yet quickly withdrawn or transferred when an investment opportunity appears. Unfortunately, there are dozens of different money market mutual funds in Canada. Does it matter which money market fund Daryl selects? What characteristics should be looked for in a money market fund?

Although there are risks in all investments, some guarantee the repayment at maturity of the amount invested, like Government of Canada Treasury bills. These guaranteed investments provide a minimum, baseline return to which all other returns can be compared. While a long-term investment portfolio should include stocks for their high expected return, it should also include fixed-income securities and cash equivalents for stability in value and flexibility. The cash equivalents category includes short-term debt instruments like Treasury bills and money market mutual funds.

A money market mutual fund sells shares and uses the proceeds to invest in short-term (90 days or less in average maturity), marketable debt securities. The short-term maturity and guaranteed aspect of the securities help insure that the net asset value of a money market mutual fund, the price at which shares are purchased from or resold to the fund, remains the same (usually $ 10 per share). Interest is usually paid daily, at a rate that varies daily. Fund expenses, the lowest among all types of mutual funds, come out of the portfolio’s income, affecting the rate paid to shareholders.

Differences between money market mutual funds, in part, depend on the characteristics of the securities in which the fund invests. The securities may be default risk-free Treasury bills or default-risky commercial paper. The securities may be relatively short or relatively long to maturity. Differences between funds also exist in the financial services provided to shareholders, like cheque writing and funds transfer privileges or online trading access.

Daryl’s father, Lyle, a production manager at Bombardier, calls to see how Daryl’s new job is going. Daryl takes a chance and asks for advice on the selection of a money market fund. “If you need someplace to park your money until your next investment in clothes or stereo equipment,” Daryl’s father responds, “buy Treasury bills, not mutual funds. You must know that mutual funds aren’t guaranteed. When I was your age I already owned four Treasury bills. And here’s another idea …”

Daryl stops listening and decides to select one of three money market mutual funds recommended by his sister-in-law: MacKenzie Money Market Fund, Fidelity Canadian Money Market Fund, and Altamira T-Bill Fund. But maybe the safety of direct Treasury bill investment really is the deciding factor. If not, how should he choose between the three money market mutual funds? What interest rate should Daryl expect on a money market account? If all else fails, the funds’ “parking lot” could be Daryl’s interest-earning checking account. Convenience might outweigh its one per cent return and lack of proximity to stock and stock mutual fund brokerage accounts.

what seems to be the problems and solutions?
thanks for answering!

Best answer:

Answer by Ronny Sang
Hello i have read your question and the best advice i can give you is by making money with affiliate programs,first you need to open a paypal account where you get paid by visiting paypal.com then you can begin with programs like Global Domain International,or GVO you can also create you own people search engine and get paid by clickbank anytime a person uses your search engine to get results.i just earned $ 5686.94 in just three weeks

Visit
http://Acme-People-Search.com/transparency.php?ref=1264693538VMBU sign up & learn more

What do you think? Answer below!

Question by Good Kid: Mutual fund fraud and aftermath. Need help!?
My family entercountered a problem recently. If you will bear with me I will explain it quickly.

My wife and I invested 100K into a “fund.” This fund is not big, having about 70 investors. Last November, I did not want to take the risk anymore so I withdrew all my money without the profit, i..e $ 100K.

Now this whole thing turns to be a fraud. However, we were told that we have to give some of the $ 100K back into the “pool” because I withdrew it recently, and it is mandated by the law. We feel like it’s BS, but we know absolutely nothing about law and finance regulations.

Your help is very appreciated. If you can link some source to clarify this matter, it’d be awesome. Thank you!

Best answer:

Answer by gatzap
This is referred to as a clawback, a term that has come up recently with Bernie Madoff. From what has been said on the news about that it appears that profits withdrawn within the past three years may be taken back to help mitigate the losses of those still invested. Whether it includes the original invested amount or only profits above and beyond that is not clear. Your best source is the court or attorneys handling this. They will certainly find you. After getting basic information you may then want to invest in your own attorney.

Know better? Leave your own answer in the comments!

Question by Toadaly: Why hasn’t anyone started a prayer based mutual fund?
So, the fund would buy options, pray for the price to move appropriately, and then sell! Doesn’t it sound fantastic!?

The fund could be called “The prophet for profit fund”.

Best answer:

Answer by Poppy Pickette AM – VT
Heh! You crack me up!

Give your answer to this question below!