Archive for December 2008

12.31.2008

What is the difference between a trader and an investment banker?

I am interested in majoring in Business Finance and I am trying to find out about some jobs I could get after college. The two jobs that I am interested in are investment banking or trading (possibly stock trader). So, what are the major differences between the two? Also, are these jobs ones that you [...]

12.31.2008

Can your investment representative be cheating you out of your profits?

I invest in mutual funds with a group I will leave anonymous. I just started. I know that mutual funds are like stocks and any other investment there’s a chance you can lose money. However, is it possible the representatives can be storing away any profits that you did make into their account and making [...]

12.31.2008

How do I become an investment banker?

I am 16 with a ged and planning on going to community college this fall. What do I need to do to become an investment banker?Kaley

12.31.2008

What type of custodial investment account is the best for a dependent child?

I am considering setting up a custodial stock account for my 2 year old. I’m seriously considering DRIP type investment.
What type of account is most beneficial in terms of tax benefits, for both parents and children?
Is it better to own a separate DRIP account until the child reaches the adult age and then gift them [...]

12.31.2008

What are all the legal ramifications of foreclosing on investment properties?

We own 2 investment properties that we are unable to sell and can no longer make the payments on. If we foreclose on them, what are the consequences? Can the bank come after us for the difference once it sells them? Can they come after our house? Will we need to [...]

12.31.2008

What’s the difference between return on investment and internal rate of return?

Return on investment (ROI) and internal rate of return (IRR) is kind of confusing… What is the difference between the two?Giuseppina

12.30.2008

What kind of investment company is right for me?

I’m doing well in stock market, I would like to open an investment company (home base business). There are many options, but I don’t know which one is the best for me.
I live in Pennsylvania; I also look for something that allows me to deduct the most from tax.Hilary

12.30.2008

How does one start an investment banking business?

How do you get the money? What documents/contracts do you need? This will probably differ than other businesses. For example, it would seem a little odd for an investment banker to go to another investment banker to ask them to invest in their investment banking business. Technically, where exactly do you [...]

12.29.2008

What are you charged for financial planning or investment advice?

Many financial services providers tout their financial advice as being for free. But we all know nobody does anything for free. Aparently there are a bewlidering number of ways in which investment advisors make their money such as trading commissions, hourly frees, trailer fees, management fees, performance fees and so on.
I would like to hold [...]

12.29.2008

How do I find an Investment Banking job without prior experience?

I am currently working for a big CPA firm. I have two years of experiences. I am looking to make a switch to Financing, particular Investment Banking. I have been searching for an associate position at many of the IB firms, but all of them seem to require an MBA or IB experience. Due to [...]