Business Top Guides

At the moment, t-bills. Better than cds. No state and local taxes.

Long term–a variety of index funds and mutual funds with different investment objectives. Examples: PENNX–small cap stocks, SPY–large cap stocks, SWZ–Swiss stocks, TDF–Chinese stocks, IJH–mid cap stocks.

100000 is not going to have much purchasing power in 30 years. If you meant 1000000, then you are getting there, but even that might not sustain you for the rest of your life in and of itself given inflation/rising costs… If this is for insurance, you should only go for term and invest the difference that you would otherwise have contributed to a whole/variable life policy. Since the S&P over any contiguous 10 years has yielded over 12%, and there are several funds that perform better, if you had say 50,000 to put away now, you would have over $1M in 30 years. Or, if you had 10,000 to invest now and could add 2,000/yr you would get there as well.

Suze Orman's twelve steps to wealth: Step Eight: Insuring Your Well-Being. I always say, "People first, then money, then things." That's how you should tackle your insurance. There are three broad types of insurance: life, health, and protection for possessions. Find out what you need as a baseline:

Life Insurance
If a child, a spouse, a life partner, or a parent depends on you and your income, you need life insurance. Keep it simple and buy term life insurance; it's good only for a specific number of years and then expires. That's okay—life insurance wasn't meant to be permanent; it's there to protect your family before you've had a chance to accumulate enough funds (through investments and savings) to do so. Most people should get a 20-year level term policy that has a value equal to 20 times the amount of annual income your family needs to live securely. For example, if your loved ones need $40,000 a year, then you should purchase $800,000 of term life insurance on the person—or persons—whose absence will affect those left behind. It's not that expensive: A 20-year $800,000 term policy for healthy, nonsmoking men and women who are about 35 years old is around $45 a month. Check out http://www.selectquote.com to shop for term policies.

Health Insurance
Those who have been laid off or are worried about losing their job and health insurance coverage should shop around. Ehealthinsurance.com offers the largest individual and small-business health plan selection across more states than any other online or offline source. While many employers must extend health insurance coverage to all laid-off employees for 18 months—thanks to a federal law known as COBRA—you must pay 100 percent of the policy premium. Chances are good you can get a less expensive policy by doing your own shopping.

Policies that Protect Possessions
Whether for your house or your car, buy a policy with the highest possible deductible to get a more affordable premium (the annual cost of the policy). Deductibles are what you pay first, before your insurer kicks in any money when you make a claim. These days, insurers will jack up your premium or deny future coverage if you make a lot of claims. So go with a high-deductible policy that you intend to use only for catastrophes. You can shop for homeowner's insurance at http://www.insweb.com. And for renters: Your landlord's insurance protects only the physical structure of the home. You need to purchase renter's insurance to protect your possessions. Renters-insurance-quotes-online.com has good information and free quotes on policy prices.

Great content! Love it. Tough to find smart articulation of this level content. Well done! Where can we get more?

Give me an e-mail. I have a CFA charter and have worked in equities for more than a decade.

There are lots of different types of work in "investments" from trading, to sales, to research, to syndication, to private equity, to fund management and on and on.

The most likely sub-segment that would need technical skills is the following:

a) Research. This is where you do buy-sell-hold recommendation reports on company. You can work for either the equity side (stock analyst) or bond side (credit analyst). Then you can work for either the buy-side (mutual funds, insurance, hedge funds) or sell-side (brokerage). Typically, you need a thorough background in accounting, a good background in finance (as evidence through CFA program) and then an industry background that gives you a leg up when giving research on a specific industry. For example, your typical pharmaceutical analyst for brokerage has an MD. It isn't required, but it does help, especially for more technical industries like medical, technology and energy. Long, long, long hours. Bad job security. Very, very competitive. Bonuses can be very good. Politics can be very tough. You must be kind of a know-it-all freak (like me) in order to really enjoy this job. I am and I did.

b) Corporate Finance. Instead of doing agency work, you're doing primary work. You're doing lots and lots of pitch books to land deals to underwrite IPOs, equity placements or debt placements. Once you win a deal, then you then do lots and lots of writing for the Red Herring/Prospectus. Job can be repetitive. Travel can be large %. Pay can be very, very good.

c) IT back-end. This is only if you're hard core software engineering type. This is where you use your knowledge of finance to help design software. This is the flip side. Pay can be outstanding.

Very impressed with this gentleman. He’s smart, clean, formal and obviously intelligent. I also enjoy the way he communicates with and keeps the viewer interested. If he’s not already famous and rich, I’m sure he will be soon.

They deal with large corporations. They help them go public and get listed on major stock exchanges and they mergers and help companies buyer other companies. Big deals for big… as in billions… deals. You would need at least an MBA to try for such a job

Shares / IPOs / Mutual Funds / F&O / Gold ETF etc

http://www.vjondalalstreet.com

It was obviously essential. You can't build a business except by investing in it.

Obvious question really, IMHO.

ahh he talks really fast,made it seem as if he were nervous especially when he stumbled on words. I like the hand gestures though