Ameritrade Financial Services

I am a financial rookie with $5,000 I want to invest. What should I do with it?

I am 31, not a homeowner, and I want to take 5k of my modest savings and do something productive with it, preferably through a service like TD Ameritrade. What would you do? (The remainder of my savings I plan to use for a down payment on a house when I am ready.)

If you’re trying to save for a down payment, I’d be extremely hesitant to pour money into the stock market right now. We’re at a historically questionable point in time at the moment, where the Fed has (possibly) stopped raising short-term interest rates, but inflation is also something to keep a close eye on. 6 months from now the S&P 500 could easily be 20% higher or 20% lower than it is right now. With anything less than a 5-year time horizon, I’d consider putting money into a CD (Certificate of Deposit), which actually have pretty decent rates right now. You can look at sites like bankrate.com to find the best rate, it doesn’t really matter what bank you choose since CDs are FDIC insured (as opposed to stocks and mutual funds, which are not).


Riding the up market: Ameritrade CEO Joe Moglia thinks the recovery is for real. And after three strong quarters, he says his firm is poised to reap the ... An article from: Chief Executive (U.S.)


Riding the up market: Ameritrade CEO Joe Moglia thinks the recovery is for real. And after three strong quarters, he says his firm is poised to reap the … An article from: Chief Executive (U.S.)


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This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on March 1, 2004. The length of the article is 1372 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Detail…

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Financial Services in India (Paperback)


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This textbook includes discussion on data that is not easily available on financial services, along with analyzing latest trends, new emerging areas, (an integral part of the syllabus in all leading business schools), the essential concepts of the financial system and the regulatory framework, and all the developmental aspects of finance. The book also studies the pace of progressive integration of financial markets-banking, insurance, mutual funds, securities and commodities with high technology absorption-to focus on customer-based services. At the same time, it covers oft-discussed but essential topics like real estate investment trust, consumer finance and investment banking.

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Careers in Focus: Financial Services, Fourth Edition profiles 20 careers in the accounting, banking, and insurance industries.Job profiles include:Accountants and auditorsActuariesBank examinersFinancial analystsFinancial institution tellers, clerks, and related workersFinancial plannersInsurance claims representativesLoan officers and counselorsRisk managersTax preparers.


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