quote:Originally posted by BigBuyer100: Bin. what do you want to know?
OK, fine
I have two accounts with a local bank that I set up when my nephews were born. They each have a couple thousand dollars in them and they are only earning a .75 (yes, that's cents) interest rate.....not acceptable.
I want to set them up with accounts that I can purchase stock in for larger gains over the long term, but I know there are special rules and regulations regarding these types of accounts. I guess I'm just looking for some advice as to how to handle the situation.
Oh yeah, if it wasn't obvious, I'm the custodian on the accounts until the boys are either 18 or 21 (I can't remember the age of majority that I set up)
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Tech: funny you mention sharebuilder, I was just checking them out
Mostly it's the legality of things I need to check out. I'm not supposed to do anything with the money unless it's for the benefit of the child. But I would assume there would be ways to transfer that money to different accounts. I just haven't found anything solid as of yet.
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quote:Originally posted by binsleep: what are the chances that news will hold off until Thursday?
At least til Tues., Ameritrade posted my transfer at 4:00 so no buying for me today BUT I have my order in for another 27,000 shares. This will put me over 100,000. Just enough for that new Chevy Tahoe I have been looking at.
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quote:Originally posted by DOG GUIDE: At least til Tues., Ameritrade posted my transfer at 4:00 so no buying for me today BUT I have my order in for another 27,000 shares. This will put me over 100,000. Just enough for that new Chevy Tahoe I have been looking at.
Good deal, DOG! I scheduled my ACH this past Tuesday. It showed up in my account on Wednesday, but there is a 5 day hold period for OTCBB stocks. So I don't think mine will be available until Wed/Thurs.
Whether we rock and roll before I get a chance to buy more makes no difference. I'll be happy either way
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Thanks guys. Since they made us work today I didn't realize it was a holiday. Which for me it wasn't. I don't know what my employer has against MLK. LOL. Good day all.
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what news is going out on tuesday? i've been watching this stock for a while but still haven't gotten in. IS there something big coming down the pipe.
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Last word I got, Friday, was that they are working on PRs, plural. Not real certain on the exact timing, it/they have to go to the lawyer for approval.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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Anyone experienced in penny stocks, what is the target for this one if a good PR comes out? I'm in small at 0.034 (only penny stock I've dared to invest in so far lol), but not sure when to get out