So your estate would owe the credit card company, just the same as if you had run up your credit cards on anything else. The executor of your estate would have to sell something to cover the debts, and the stocks would be a likely a candidate. So really, in the event of your death, the credit card company doesn't have a specific claim on the stocks, but a general claim against all of your assets, before they are disbursed to your heirs.
Most brokers offer service by pohone or online servicee, but they still work with huge delay.
Is there way to trade as fast as brokers do through their market connectivities?
Any suggestion and links to corresponding financial institutions would be appreciated.
Roman Voznyuk
Tax-wise… that depends on what country you're trading from and you should obviously discuss the matter with your local authority.
Check out this site to see what traders are buying and selling:
http://top10traders.com/StockInfo.aspx
This is from http://www.top10traders.com – this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck.
Learn how to invest:
1. Do not chase past returns. People that buy stocks or funds because they have done well in the past are doing exactly that.
2. Do not market time. Market timing is buying based on your (or your newsletter, or your TV, or neighbor's) guess about what is going to happen in the future. Even if someone knows something, you've already missed the boat. The price already reflects what you just found out.
3. Use index funds. Over time, index funds outperform actively managed funds, mostly because they do not have those high expense ratios. Some actively managed funds do beat their index, but the ones that do usually do not do so consistently. So why gamble? Use index funds. If you want to use a few actively managed funds, make sure that the costs are very low. Vanguard has some good ones.
5. Diversify. Don't put all your eggs in one basket. Own a mix of bonds, domestic equities (large, small and mid cap funds), an international fund and perhaps a REIT (Real Estate Investment Trust) and emerging market fund. Four to six funds is all you need. Know your risk tolerance and set up an appropriate asset allocation. Rebalance as needed.
6. Consider taxes. Use the least tax efficient funds in your tax-deferred accounts and the most tax efficient funds in your taxable accounts.
finance.yahoo.com is the website that i use the most during the day, i am a daytrader also.
If you need more advice just feel free to contact me.
I hope that you will chose my answer as the best one.
Thanks
So your estate would owe the credit card company, just the same as if you had run up your credit cards on anything else. The executor of your estate would have to sell something to cover the debts, and the stocks would be a likely a candidate. So really, in the event of your death, the credit card company doesn't have a specific claim on the stocks, but a general claim against all of your assets, before they are disbursed to your heirs.
You would be shocked how much they pay for analysts out of college (6 figures usually!) for NYC offices. There are so many funds these days that the demand is extremely high. That being said, the recent choppiness in the credit markets may have led to a pullback in hedge fund analyst demand.
In order to find these guys, you are just going ot have to do some legwork. Try a company on the web called Glocap.
All customers using US Broker/dealers would have to follow the rules that dictate policy & procedures to that broker/dealer.
If you going to play in the US, directly or indirectly, you have to play by the rules