• Bitcoin legitimacy?

    I asked my wife Sandy... Is Bitcoin legal tender ? She said no. Is Bitcoin recognised by any government ? She said no. Is Bitcoin responsible for the legal cash money that you give them, are they required to honor your money ? She said no. Is Bitcoin required to give you equal value, Bitcoin on dollar ? She said... show more
    I asked my wife Sandy... Is Bitcoin legal tender ? She said no. Is Bitcoin recognised by any government ? She said no. Is Bitcoin responsible for the legal cash money that you give them, are they required to honor your money ? She said no. Is Bitcoin required to give you equal value, Bitcoin on dollar ? She said no. Is Bitcoin ensured by FDIC ? She said no. Can I get into trouble by purchasing bitcoins with government money ? She said I could lose my benefits and owe money (USD) to the government. I said... Well then there is your answer to me or anybody in this house giving our money to Bitcoin. The answer is no.
    6 answers · 3 days ago
  • Why does Us treasure want an oil to be traded in $$?

    Best answer: If the Unite States were to trade our oil to other countries we would increase wealth (very important during a time of debt) and limit how much other countries sell oil. If people buy our oil, they won't buy oil from other countries and we get to keep the money in our pockets opposed to buying from other... show more
    Best answer: If the Unite States were to trade our oil to other countries we would increase wealth (very important during a time of debt) and limit how much other countries sell oil. If people buy our oil, they won't buy oil from other countries and we get to keep the money in our pockets opposed to buying from other countries and selling products we have bought.
    We almost want to monopolize on the oil trade, but the best we could do is have a significant portion of the trade as we do not have all the world's oil.
    Also, if we sell more of our own oil, we can sell it to American companies so they do not have to buy oil from overseas, reducing costs and prices which will increase the number of people buying internally. (Keep the wealth closer)
    7 answers · 1 day ago
  • Is it smart to invest in stock at 17?

    Best answer: Here's my comments to you from some one who started investing at the age of eleven and spent 45+ years in the securities business. In North America you must be 18 to open a brokerage account in your name, but a parent can open aa custodian account for you using your social security number. And in the meantime... show more
    Best answer: Here's my comments to you from some one who started investing at the age of eleven and spent 45+ years in the securities business.

    In North America you must be 18 to open a brokerage account in your name, but a parent can open aa custodian account for you using your social security number.
    And in the meantime there is nothing from preventing to learn all you can.

    Before you spend $0.01 on any investment, you must know what you’re doing, why you’re doing it and how to do it and make sure you have the money to do it. Also, you must have an understanding of the rules & regulations that govern what you’re trying to do. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

    Begin your education by learning why you should invest and the importance of being able to make your own decisions or how the pro’s make theirs. Start your education by reading “Investing for Dummies” by Eric Tyson.
    To continue your education, select some of the following
    Beating the Street by Peter Lynch
    Bulls Make Money, Bears Make Money, Pigs Get Slaughtered, by Gallea
    From Riches to Rags, by I.C. Freeley
    How to Make Money in Stocks” by William O’Neil
    24 Essential Lessons for Investment Success by William O’Neil
    The Intelligent Investor, by Benjamin Graham
    Common Stocks, Uncommon Profits, by Philip A. Fisher
    One Up on Wall Street by Peter Lynch
    Stocks for the Long Run, by Jeremy Siegel
    Uncover the Secret Hiding Places of Stock Market Profits by Joel Greenblatt.
    What Works on Wall Street by James O'Shaunessey
    You Can Be a Stock Market Genius by Joel Greenblatt
    Your Money and Your Brain by Jason Zweig

    Websites that can provide instructions and help with procedures and terminology are Investopedia - http://www.investopedia.com/ http://www.investorshub.com/ and 1 Source for Stocks - http://www.1source4stocks.com/info/stock... or Smart Money
    http://www.smartmoney.com/
    Visit some of the more professional websites like Zacks Research - http://www.zacks.com/ Schaeffer’s http://www.schaeffersresearch.com/ Investors Business Daily - http://www.investors.com/default.htm?fromad=1
    Some of these web sites will have advertisers who are worth looking into also. And remember, if they offer free information, get it.

    And when you think you want to invest/trade, try some paper trading to test your skills without spending you money http://simulatorinvestopedia.com/ http://www.moneyworks4me.com/
    and/or http://www.tradingsimulation.com/
    After you feel comfortable with what you're trying to do, visit the Web sites of some of the more popular brokerage firms. So if you feel comfortable with what you see on line and look at the cost and/or charges. When you are ready to go, just open an account with the firm using their on-line services. Please remember, the cheapest is not always the best. Even though you’re opening an account on line. you can always call the firm's "customer service" area for help

    You at least have made the right decision to start investing, this is the first big step and it won’t be your last. Keep taking those steps forward and along the way never take the advice from people that are not in the market or try to tell you not to invest.

    Good luck on your journey, study hard and you’ll invest well.
    9 answers · 2 days ago
  • Should I invest on the stock market?

    I'm still a college student. I'm 21 years old. So I'm wondering if it's worth it to spend my time on stocks.
    I'm still a college student. I'm 21 years old. So I'm wondering if it's worth it to spend my time on stocks.
    31 answers · 1 week ago
  • Is day trading a good idea or is just stupid?

    I am 18 years old and I am interested in the stock market app. I've been interested in day trading. With a stock market simulator app I managed to profit $700. Is it possible to be really skilled at day trading or does it involve mostly luck?
    I am 18 years old and I am interested in the stock market app. I've been interested in day trading. With a stock market simulator app I managed to profit $700. Is it possible to be really skilled at day trading or does it involve mostly luck?
    12 answers · 3 days ago
  • I have an extra 5k saved up and I am 20 years old college student. What is the safest stock to invest in?

    I know it will take years before I may see anything net me a profit but I would suggestions.
    I know it will take years before I may see anything net me a profit but I would suggestions.
    17 answers · 5 days ago
  • Physical Bitcoin?

    Where can i buy physical bitcoin?. Do you have any legit websites to suggest?
    Where can i buy physical bitcoin?. Do you have any legit websites to suggest?
    4 answers · 5 hours ago
  • I have one share of stock that is bonus stock bought in 1969 how much is it worth today?

    want to know how much my bonus stock of one share is ort bougt back in 1969
    want to know how much my bonus stock of one share is ort bougt back in 1969
    8 answers · 4 days ago
  • Buying and Selling share questions?

    Would these 2 scenarios result in the same net profit? 1) Buying a share at $100. Selling at $300. Buying back at $300, and selling at $500. 2) Buying a share at $100, selling at $500.
    Would these 2 scenarios result in the same net profit? 1) Buying a share at $100. Selling at $300. Buying back at $300, and selling at $500. 2) Buying a share at $100, selling at $500.
    4 answers · 18 hours ago
  • Can I really make consistent profits at home trading in the forex market?

    Best answer: If that were possible, wouldn't you think Everyone would do it?
    Best answer: If that were possible, wouldn't you think Everyone would do it?
    10 answers · 5 days ago
  • Any advice on investing?

    Im 17 and want to become an entrepreneur.can you give me your best tips and advise on investing,buying and selling stocks,ect. ...if anyone is kind enough to mentor me it will be greatly appreciated...
    Im 17 and want to become an entrepreneur.can you give me your best tips and advise on investing,buying and selling stocks,ect. ...if anyone is kind enough to mentor me it will be greatly appreciated...
    8 answers · 5 days ago
  • If I invest in dividend paying stocks, would I get the same dividend payment regardless of which way the stock goes, up or down?

    Best answer: yes, and if it is a stock which historically increases its dividend every year, you benefit from that too if you buy and hold, look at AMGN, ABT, ABBV, MMM on yahoo charts with the dividends on www.nasdaq.com/dividend-stocks/dividend-...
    Best answer: yes, and if it is a stock which historically increases its dividend every year, you benefit from that too if you buy and hold, look at AMGN, ABT, ABBV, MMM on yahoo charts with the dividends on www.nasdaq.com/dividend-stocks/dividend-...
    12 answers · 6 days ago
  • Are we about to enter a Bear Market or a stock market correction?

    Best answer: The Fall is the time the market usually goes down if it's going to. Sept or Oct.
    Best answer: The Fall is the time the market usually goes down if it's going to. Sept or Oct.
    12 answers · 6 days ago