What will happen with Wachovia stock?

1 Answer

Answer :

He is buying their stock now? Today? Yoicks. It is not conservative investing and no one has a crystal ball now.

Related questions

Description : Can I get a checking account at Wachovia?

Last Answer : You can get a checking account at Wachovia by filling out a form and submitting it to a local branch.

Description : How can I check my Wachovia checking account online?

Last Answer : Go to Wachovia's website and click "Online Services" then "Online Banking with BillPay". This will let you view your accounts.

Description : What is the formula for "Common stock valuation with infinite stream of dividends" ?

Last Answer : answer:@Espiritus_Corvus Thanks for the very helpful comment. Actually this exists, it's not exactly infinite it is just the process of valuing a stock that you have no expected day you will sell it. So, if ... to assume you';; receive that dividend forever. I just need the formula i can't find it.

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Last Answer : no. You should have gotten a 1099 from WalMart (or the broker) and the dividends will show up as taxable income.

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Last Answer : answer:Some people are more risk averse. They want a guaranteed return on their money. Or they don’t understand the concepts of stock trading. Not everyone has money to invest that they can spare.

Description : What is the best way to go about investing in the stock market long-term?

Last Answer : answer:I would suggest checking out the https://personal.vanguard.com/us/home site. There is good information about beginning investors. You can answer some questions and also call the 800 number and talk with someone ... (stock, bond, S & P 500, international, for example) is a good way to start.

Description : What is the best online stock trading website?

Last Answer : I like lowtrades.com. Trades are only $5. There is no minimum other than there must be one trade every six months.

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Last Answer : I guess an easier way to ask this is, If I do +5% on all my portfolio in a month, how do I know this is a good number?

Description : What should be included in a colonial (New England) stock prospectus/pamphlet?

Last Answer : We used corncobs as toilet paper!

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Last Answer : This might help for the NASDAQ. Haven’t found anything for the NYSE that is similar.

Description : If you dabble in the stock market, do you have any choice picks of cheap stocks that look like they're on the rise?

Last Answer : CHKE

Description : Why are the US stock markets closed today?

Last Answer : Good Friday Not quite sure why it is important enough to close the NYSE, but it is.

Description : Why is it possible to buy an open call option with a strike price below the current stock price?

Last Answer : answer:You would not make a profit because the cost of the option added to the price would still be more than the current price of the stock. This is what is called the premium. However if ... to rise and if the premium was low you could effectively acquire more stock control for a larger return.

Description : How do I get started with the stock market?

Last Answer : there are alot of questions here, so i'll leave the ones that i dont know much about alone. a good way to get a taste of the stock market is to start in a mutual fund, you are ... account service fee, which should be taken into account when you look at an otherwise attractive outlook for the fund.

Description : How old do you have to be to buy a stock ?

Last Answer : You have to be 18 to own stock of your own – but this doesn’t stop thousands of minors, including myself, from buying and selling shares using accounts supervised by their parents.

Description : Would it be wise to invest in FannieMae or FreddieMac while the stock is down?

Last Answer : Dumb and Dumber until things resolve themselves. A CD or Moneymarket fund is a good place to park cash until the price of oil, job market, employment, etc resolves itself.

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Last Answer : eventually?......I thought it was already worthless.

Description : Will Lehman brothers stock disappear when it files for bankruptcy?

Last Answer : I strongly suggest you buy a bridge instead.

Description : Do we even want to talk about the stock market today?

Last Answer : Turnaround Tuesday is tomorrow…maybe.

Description : What would happen if suddenly everything was free?

Last Answer : Id be getting as high as i could right now.

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Last Answer : a. You cannot manufacture your new product.

Description : What are some easy ways to reduce my energy bill?

Last Answer : Here are some easy ways to reduce your energy bill: Use Energy Star appliances: Energy Star certified appliances are energy efficient and can help you save money on your energy bill in the long-term. ... the energy efficiency of your home, and you'll be able to lower your energy bill over time.

Description : How can I save money on transportation?

Last Answer : Here are some ways to save money on transportation: Use public transportation: Taking public transportation can be cheaper than driving or taking a taxi, especially if you're traveling frequently. ... Remember to always plan ahead, look for discounts and be mindful of your transportation choices.

Description : How can I save money on groceries?

Last Answer : Here are some ways to save money on groceries: Make a grocery list: Before you go shopping, make a list of the items you need and stick to it. This will help you avoid impulse buys and ... to always compare prices and look for discounts, and you'll be able to stretch your grocery budget further.

Description : Where is the site in which you can pay to have your credit score raised?

Last Answer : Fraud scam !

Description : Have you ever run across a US $20 bill with a row of numbers written in red or pink ink across one end of the back side?

Last Answer : Do you mean money with red numbers minted on, or handwritten on? If you mean stamped or written on the money, then yes I have gotten a lot at work. Lots of them say to visit a website to track ... writing, or other weird stains. I had a money order with over $900 worth of twenties what a nightmare

Description : If you are concerned about conserving energy, would you use a gas or electric fireplace just for ambiance?

Last Answer : Another first world problem. If you are going to conserve energy as your question states, then don’t consume just for effect.

Description : How do professional athletes get paid when they have no spectators?

Last Answer : TV rights. Promoters that pay professional athletes make little to nothing from the ticket sales, tickets cover the costs of the facility. Baseball players are paid by their teams, who played to empty ... basketball and football. But they all were broadcast on TV and the TV rights paid the bills.

Description : List the poorest celebrities?

Last Answer : I would speculate that Josh Duggar is out of money. Also, Jon Gosselin from Jon and Kate Plus 8. I think the last I heard he was a waiter as opposed to the millions they made on their TV show. Fame is fleeting.

Description : Are the Ferengi rules of acquisition, from Star Trek, useful in the real world?

Last Answer : It sounds like Trump’s rules. It has worked for him so far, but there are several law suits against him.

Description : What do you spend your discretionary income on?

Last Answer : Entertainment, a few personal luxuries, and savings.

Description : Do you think any of the airlines are using covid to cancel flights?

Last Answer : Perhaps, but it is a rather stupid way of doing it. Cacellling flights cost money to the airlines - rebookings, refunds, and so on. And it is really bad for public relations - who ... testing positive for Covid and have to quarantine. Cancelling thousands of flights is not good corporate strategy.

Description : Will you educate me on IRA and CDs and stuff?

Last Answer : The main description of a traditional IRA is it is an account you put money in that reduces your income now, so you are taxed less now, and then when you take the money out when you are older it is ... are CD's you can add additional money or allow an increase to the rate, but those are not typical.

Description : What stocks are you buying now?

Last Answer : I do not gamble. So, none.

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Last Answer : No, for the very reason you have listed. If the gains are not realized, you don’t have the cash to pay the taxes. This is an astonishingly stupid proposal.

Description : Have you ever used your emergency/rainy day fund?

Last Answer : Yes. After we adopted our daughter, we saved up to adopt another child (it's flippin' expensive). We even had our first meeting with the adoption agency. Unfortunately, my wife was laid off and then unemployed ... half of our savings because of that. She's back to work now, so gotta save it back.

Description : Have you ever made use of the option to withdraw money from your bank account at the supermarket checkout?

Last Answer : Yes. It costs me 50 cents to make a withdrawal of any amount of money in excess of my bill. I have done it a few times for the convenience, but I hate paying a fee.

Description : How to make 700 USD in a day?

Last Answer : Sell your gaming systems, clothes and jewelry.

Description : Is COVID good for the balance of the Social Security Trust Fund?

Last Answer : It probably helps, but it’s also probably an insignificant dent. Keep in mind some people have chosen to stay unemployed who lost their jobs or chose to leave jobs, and open jobs don’t pay into SS. So, maybe COVID caused a decrease in money flowing into the SS system?

Description : Where do you draw the line between being poor, middle class, rich, etc.?

Last Answer : Poor - too much month left at the end of your paycheck. Food insecurity is part of your life. Middle class - Able to pay rent or house payment, able to pay bills and take an occasional ... for retirement. Rich/wealthy - Annual income is well above level to maintain standard of living at retirement.

Description : What are some ways to make money?

Last Answer : Do you have any Art skills. I see university Fine art students who probably graduated recently or in the last two years are now making How to draw ( watercolor, Acrylic painting and so on) while others ... stages . Anything tht you want ot know how to do is on youtube now and not all are experts.

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Last Answer : Several wealthy people I've known have given me tips on keeping money over the years. One man who owned a company and fleet of vehicles, told me he only keeps liability on all his vehicles because ... the lot. Dave Ramsey says NEVER lease a vehicle, it's the dumbest move you can make financially.

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Description : Is it okay to be benefit driven?

Last Answer : I don't fully understand your question. If by benefits you mean money, then my opinion is no, you should not be driven by love of money over all other returns. There are more important ... more joy than closing a big business deal. Greed will most often lead to unhappiness instead of contentment.

Description : Should Musk be worried?

Last Answer : Musk has not “ruined people’s lives.” Anyone damaged financially through his tweets about cryptos is deserving what ever happens because cryptos are a Ponzi scheme. His reputation is already a mess, so no bother from internet trolls.

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Description : What is the break point of debt in a country and or person?

Last Answer : Credit card debt compounds DAILY to maximize income from banks at the expense of people who see few options and/or don't really understand or are avoiding thinking about how evil that is. That means that both ... it at about $33 per day, so you'd be gaining about $1000 debt per month from interest.

Description : What would you think or feel if your elderly uncle gave you $15,000?

Last Answer : Grateful.

Description : If someone is given a lottery ticket is there an unspoken agreement about what happens if it is a winner?

Last Answer : It is entirely arbitrary. An agreement can be made in advance, but usually a ticket given as a gift, the winnings then become the gift. The winner might share out of the goodness of their heart. In ... the one she bought personally, but a judge didn't agree. He ruled the winnings must be shared.