Investments & Finance

by Ron Sombilon Gallery

Question by sree4030: mutual funds?
friendz, plz suggest me 4 mutual funds for an investment of rs.5000 in each for a period of 20 (twenty) years. i wanted to invest this amount for my childs future. plzzzzzz help me. tankzzz

Best answer:

Answer by Rock R
Here are my suggestions:

HIINX – Harbor International: This is an international stock fund with 20%+ returns over the major periods

CGMFX – CGM focus is a very aggressive fund that returned 72% last year in the large value category

WWNPX – Kinetrics Paradigm Fund – also solid returns and does well in up and down markets

VTSMX – Vanguard Total Stock Market Index – might as well have an index fund in there and Vanguard’s are fairly low cost.

With the markets a bit depressed now is a great time to buy!

Know better? Leave your own answer in the comments!

Question by Random Guy: am i allowed to keep my investments (stocks and mutual funds) in canada if I move to other country to work?
im canadian citizen but i was told by my bank that i cant keep my investments if i no longer a resident of canada…is this true? what are my options?

Best answer:

Answer by Jeff H
I am not a Canadian. I know in Denver, Colorado, the bank that I used there did not want customers who lived outside the Denver area. They asked me to find a bank in my new home area.
Depending on the amount of time until your move, you should be able to transfer your investments (stocks and mutual funds) to a company such as Fidelity Investments. Fidelity has the capability to work with you in most any country.
The question becomes what country you will pay your taxes and maintain your citizenship in.
Example: If you were to become a missionary in another country, you could maintain your owerships in your home country. There are procedures which an attorney who specializes in international law should be able to tell you. You should have an attorney’s advice before you live out of your home country for more than 30 days anyway.

What do you think? Answer below!

Question by darlene q: If the tradeoff between goods X and Y increases as more of good X is produced, the PPF between the 2 goods is?
a. downward-sloping straight line.
b. circular.
c. an upward-sloping curve
d. a downward-sloping curve that is bowed outward.

Best answer:

Answer by Robin A.
c

Give your answer to this question below!