Archive for September, 2005
Banking, Investing Personal Finance
September 29th, 2005
Question: Im a teen with some extra cash and i want to invest in stocks.. help?
hey
so im 16 and im a junior in high school.
i have about 50 bucks and i had a Personal Finance class at school and it made me want to buy a stock or stocks
i know you pay per share, plus the fee, but are there any good, cheap stocks that i could buy right now?
i dont really know much about this... please help!
my teacher was just telling us how banks only have a like 2% Interest rate right now.. and that we could probably be doing better in the stock market.
its only $50 so i dont mind losing it.
please give me some advice?
thanks so so much (by the way, my parents werent really sure, which is why im asking here)
Answer: I'm not sure you can open a stock account for only 50 bucks....but if you can, you should consider buying stock in a company you know something about...probably at least you know about the products of some company.... something you use and are impressed with....a video game...a brand of clothes...a chain of stores....if they do things well.... and you have reason to believe they will be successful....if they make you a happy customer....that's where you should probably invest....another problem you may run up against is many stocks cost more than 50 bucks for one share....
Personal Finance & Money Management : About Bank Rates on Personal Loans
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Guaranteed Car Finance
September 25th, 2005
Question: How to sell my financed car to a private party ?
I'm kinda new living in the US, i got a 2007 car purchased financed through my credit union.
Now i need to sell the car but i need to know what's the procedure for selling the car and transferring ownership to the new owner ? and would a cashier's check be the best way to get guaranteed payment from the buyer ? of course i understand that i need to payoff my loan to my credit union first
Answer: yes on the cashiers check...no on the payoff. you do not have to payoff the vehicle PRIOR to selling the car. you just have to pay it off prior to transferring the title so that you can get the title and sign off on it. the new owner will take your signed title to the DMV and they will take care of the title transfer. DO NOT SIGN THE TITLE UNTIL YOU RECEIVE YOUR CHECK
Guaranteed Car Finance - Bad Credit? Need A Car? - www.RIGHTDRIVE.co.uk -