Question #1:

Who's fault was the mortgage meltdown really?

This is exactly what happened: A broker went to a family and told them that home prices were going up. (They were). They were told if they could afford a $100,000 house, then what they should do is take out a mortgage for $120,000, take the $20,000 up front, upgrade the house, and in one or two years the house would be worth $200,000 which they could then sell at a profit. (It's called 'flipping', and was so popular there were even TV shows made about it). People saw these TV shows and their neighbors all making this work and said "why not me too?" Sounds like a good investment, yes? The reason the broker did that was because the higher the loan, the more of a commission he made.

In my opinion, it was the bankers and brokers that caused the meltdown by knowingly "snake oil selling" to people who were unsophisticated buyers.

And if you think there are no unsophisticated buyers out there, ask any of Bernie Maddof's clients.

Click Here
@padu: the government did not "force banks to lend money" where is your source for this?

Question #2:

Know Your Customer(KYC) compliance with Securities and Exchange Board of India(SEBI)?

I have invested in Sundaram Paribas Mutual Fund in the past using HSBC as a broker.

Does that mean HSBC would have submitted a Know Your Customer(KYC) for me to Securities and Exchange Board of India(SEBI) when I did the investment using HSBC as the broker or do I need to submit another KYC to SEBI now to do online investing at Click Here ?

I contacted HSBC phone banking but they don't know.

When I used HSBC as a broker I was a resident Indian, now I am a non-resident Indian for tax status.

Any suggestions would be appreciated.

Question #3:

Using 401k Money for personal Investment account...?

I would like to begin investing in the stock market with an online broker such as Ameritrade or Etrade. But I do not have a cash savings to do this with. I DO have money in my 401k. My Question Is: is there a way to rollover some of my 401k money into a personal stock trading account...WITHOUT being taxed? >My new trading account would NOT be a retirement plan.

Question #4:

My 84 year old mother has a stock broker that still has her investing in individual stocks...is this wise?

My 84 year old mother has a stock broker that still has her investing in individual stocks...is this a wise investment strategy for a person of this age? Why or why not?

Question #5:

Who can tell me the truth about trading commodities?

Several people have phoned and given me lengthy spiels on limited liability commodity options. They are agents, not brokers, working on commission of success. But is this type of investment (a) genuinely bringing in a high level of return as they claim? and (b) comparitively low risk?

Question #6:

Which is the best Broker firm to start with Investing in shares?

As i am a novice to the investment.

Question #7:

I am new to investments in stocks, what type of questions do I ask a stock broker?

I would like to invest in the stock market and would like to know what kind of questions do i ask a stock broker, what should i look for in a stock broker i definitely do not want a salesman?

Question #8:

what are the requirements for starting online trading?

i would like to start commodity , trading . Will a demat account be used for both equities and commodities? and let me know some methods by which i can make money by adopting them and what should be the minimum amount for investment and as i am a beginner , i do not want to risk in stocks so , will i be able to start with Rs1000/- (indian rupee).

what factors must be taken into consideration while selecting a broker.

suggest me some blogs or weblinks ( preferbly video tutorials) where i can get beginers guide to commodity trading in india.

if possible can anyone , explain me in detail . how a trading is to be initiated and the overall aspects pertaning to it.



thanks to all readers (in advance) , for posting your valuable suggestions.

- Ramana

Question #9:

Do u like this joke.........??

Stock broker catches wife in bed with other man: What's going on?
Wife: Due to boom in market & ur less investment capacity, honey I've gone for PUBLIC ISSUE!
OK try this one.....



• On a NUDE beach a man shakes hand with a lady & says: Pleased to meet U!
Lady: Yeah, I can SEE that.
OK try this one...........


• on a nude beach a man shakes hand with a lady & says: Pleased to meet U!
Lady: Yeah, I can SEE that.

Question #10:

Business vs finance career?

Hi. I don't know whether I should major in business administration or finance. When I say business admin. I mean consulting careers and executives of fortune 500 careers. When I say finance, I mean investment banking, private equity, hedge funds, stock broker, asset management, etc. Which is a better career field to be in? Which pays more in the long run?

Question #11:

Business versus finance?

Hi. I don't know whether I should major in business administration or finance. When I say business admin. I mean consulting careers and executives of fortune 500 careers. When I say finance, I mean investment banking, private equity, hedge funds, stock broker, asset management, etc. Which is a better career field to be in? Which pays more in the long run?

Question #12:

Do broker's fees get reported on tax returns? If so how and what gets reported as these do...?

...not appear on tax statements
I noted that I am charged a yearly $40.00 fee for management of my IRA; however, I also incur charges associated with the management of the actual investment. My question also applies to a recent sale of stock. The difference between gross proceeds and actual amount was much higher than any losses incurred during the time the money had been invested.

Question #13:

Offshore Investment Brokers Spain (OIB International)?

Anyone dealt with OIB International in Estepona Spain ? They're local to us, and we need to setup a savings plan for our kids. However I've heard a couple of stories about scams, and bad advice. I looked for one of the advisors richard glover on the fsa register but couldn't find him, so it looks like he's not worked in the UK before. Appretiate any feedback, or info on any other english speaking investment advisors in Estepona.

Question #14:

how does cash management bills work?

•Cash Management bills are offered from time to time, depending on borrowing needs. The time between announcement, auction, and issue is usually brief (1-7 days). / MY QUESTION , Does the above mean that I can have a broker purchase / invest in ( on my behalf ) cash management bills and within 7 days or less I CAN EXPERIENCE A RETURN on my PURCHASE / INVESTMENT ?

Question #15:

can u tell me if i could be accepted by business school?

Im applying to top business school in the US (eg harvard, stanford, mit, wharton, etc).
-undergrad degree from private catholic university - Mount st. Mary's University. Captain of soccer team, involved in econ & finance club, competition in economics
-International - south america
-Degree in economics and minor in business. Career GPA - 3.5. Overall GPA - 3.08
-GMAT - 700
-Internshipt at T, Rowe Price (Investment Operations) - been working as a financial advisor/broker for two years at sucessful bank. Involved in the Leadership program within the bank.
-Arrived to the states when was 15. Taught myself english. Finished high school and entered college at age 16. Graduated at 20. Youngest student to ever graduate...
-Have done community services - current voluntter job is as a research assistant for professor of finance and econ from Princeton University.

Please let me know what you think. Id like to stay in Finance & Investments. Goal is to do Trading, Investment Banking, Portfolio Management. Some programs say that they require calculus as minimum for finance...but i still see people with undergrad degrees in history or enlgish or music getting into MBAs or MSs.

Ive been thinking about taking a few math undergrad courses from a four year inst and or getting an online certificate degree in math/banking from LSE. would the online ceritificate or the math classes help me become a better candidate? Please let me know what you think about this qs.
There are videos and have interviewed admissions from these school in regards to whats the lowest GPA or GMAT requirement and they say that there is no lowest or highest..they say they focus on the grades "too" but they rather focus on how you have dealt with life, if you are a leader in life, and how you have acomplished your goals...they say the essay is key. If you still believe that my GPA is too low and therefore i have no shot, what do you recomend to do to balance things up? Getting an online certificate, taking classes as a non-degree student? all of these options a expensive..what else do you recommend?

Question #16:

Wants to Invest in Stock Market?

Hi, Friends

I want to start investment in Stock market in short & Long term (both) depending upon market fluctuations

Want to start trading Online

Which option is best for me -

through HDFC securities, ICICI direct.com, Or from Brokers like Sharekhan, Fortis

I'm concerned abt. Commission rate they charge us for buying & Selling,
Which has less Commission/brokerage rate.

please give me detail information, i'm new in this & have keen interest in it.
how Do i start & what next step i wud have to opt. for ??


Thanx in Advance :)

Best Regards,
Pankaj Kumar

Question #17:

Could Someone please solve the following exam question in relation to the Beta & Correlation of stocks?

Your stock broker has provided the following historical information on the stocks of two companies: Icarus Ltd and Taurus Co. The variance of Icarus’ returns is 7.8%, while the variance of Taurus’ returns is 3.5%. Expected return on Icarus is 12% and expected return on Taurus is 9%. The correlation coefficient between the two stocks’ returns is 0.36. The correlation between Icarus and the market is 0.60, while the correlation between Taurus and the market is 0.70. In addition, you know that the variance of the market index is 1.2%.

(i) Calculate the betas of Icarus and Taurus; (10 marks)
(ii) Compute the variance of the portfolio consisting of 70% of Icarus and 30% of Taurus; (10 marks)
(iii) Calculate the expected return of the above portfolio; (10 marks)
(iv) Calculate the beta of the investment evenly split between Icarus stocks, Taurus stocks, market portfolio, and a risk-free asset. (15 marks)

Question #18:

Where can i find the list of Financial Institutions in General Santos City?

*List of Banking System in General Santos City
(Commercial Banks both EKB and KB, Thrift Banks, Regional or Rural Banks)
*List of Non-bank financial intermediaries in General Santos City
(Investment houses. investment companies, instrument companies,
financing companies, pawnshops, lending investors, and Securities/Dealers/Brokers)
*Non-Bank Thrift Institutions

+++++++ if possible, their addresses will be included+++++++++

where can i find those infos? Is there any website where i can visit?

Question #19:

Remodeling/Real Estate investing business question.?

I'm going to start a remodeling and real estate investment business.
Do I need to show my real estate broker's logo on my car or can I just display my logo.

Our motto will be Passion for Home Remodeling...Passion for Real Estate...

Question #20:

What online stock brokers allow more than 3 individuals on a joint investment account?

I know that Scottrade and TradeKing allow 3 people on a joint account, but I am looking for a broker, online (low fee), that would allow 4 people on the same account.

Thank you.





** Powered by Yahoo Answers