Prophet Max Profits

Lizzie asks… What is the normal return on investment in Mutual Funds in India? I have been hearing people talking about 20% to 40% return on some mutual funds. Some people say that it’s just a way of calculation but actually not that high. What is a good return these days? Can you also tell [...]

David asks… Can an individual deduct interest paid on a loan that was used to purchase tax exempt bonds? For instance; My fictional, comprehensive, taxation problem has that a tax payer … “received interest of $1,000 on a municipal (tax exempt) bond they bought in January with the proceeds of a loan from Third National [...]

Mark asks… How much money do I need to start day trading penny stocks? I have been doing alot of research and I see you need to have a minimum of 25,000$ to day trace but do I need that much to trade penny stocks? If not how much do I need? I have about [...]

Lizzie asks… About investing IRA-again.Is kiling me to loosing a lot !!!!? Hi, Please help me.I start my retirement at age 62 in 2007.I had 401K with Vanguard and I R/O to IRA in 2007, and they are invested in Vanguard Target Retirement Income Fund=( 65% – bonds);(30% – stocks) & (5% -short-term investments).I see [...]

Mary asks… Accounting multiple Choice? 1.From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that a.bond interest is deductible for tax purposes. b.interest must be paid on a periodic basis regardless of earnings. c.income to shareholders may increase as a result of trading on the [...]