Can I lose money in a money market account?
472783
You won't make much money in MM funds, but you won't lose anything.\n\nMoney market instruments are short term, high credit quality investments.  Some are backed by the government (T-Bills are money market instruments).  Others such as banker's acceptances, eurodollar deposits and commercial paper are backed by high quality corporations.\n\nBetween 1972-2000, there were 11 defaults among the 4354 commercial paper issues rated by Moody.  All were caused by a crisis of liquidity, and all investors were eventually paid.
51548
yes u can. go to western union and pick up the money transfer i sent u
957753
You are protected with paypal, You can always claim your money back if you don't receive the item, always look at the persons feedback to see how reliable they are, buy low value items ie 99p to get the expereince of trading!! \n\nvisit www.moneysaving.com and look in the ebays board...... there is loads of help there - I am a board advisor :)
1105022
Depends on type of money order.  If it is a Western Union money order, the agent should be able to cash them. Others, like Moneylink should be cashed by their agent.
700598
A currency exchange, and yes there will be a fee.  A bank that you don't belong can charge a fee, but I don't believe they all do!  There are even grocery stores that you can cash checks and money orders, with a fee.
119769
If the money values are the same there is no problem. \n\n If the money values changed then you will need to file an admendment.
819437
For a trading account you need to show the results of trading ( ie buying and selling of goods ) in order to ascertain the gross profit  or gross loss of your business.\nNow this means you need to use only those transcations which are directly connected with goods.\n\n\nA profit&loss account is prepared after the trading account and it ascertains the net profit and loss for a particular period .\nThe net profit is the surplous you have in your hands after charging against gross profit all the expenses including depreciation and other provisions attributed to normal activities of a business (general expenses).\n\nDeferred payments when related to sales of goods for filing in the trading account is debited . The person who has to give you money is the debtor.\nAnd it is his liability and your asset , \nItll always be added to the debit column\n\nPrepaid items are your liability as you have to provide the customer with your service and is added to the credit column as its an advance payment.\nLast year's debt that just turned bad is added to debit column in the P&L account.\n\nI hope you this is of help to you.\n\nHave a nice day.\n\n:)
52560
No. You can't squeeze money out of a bank.  However, you can reduce your costs and therefore increase your potential return. Most mutual funds have "break points" at which they reduce the sales charge. Most start at about $25k. You can get the break points by contributing smaller amounts over a 13 month period. You would use a "letter of intent" to do so. You would still need to meet the $25k requirement, but could do so over time.\n\nAnother option would be a "Managed Account" with a brokerage firm. Minimums run about $25-50k depending on the firm. The advantage is that you pay only a small fee as a percentage of assets under management.\n\nUse this information at your own risk. Consult a financial advisor.
414425
Money market account rates can change daily, weekly, monthly - depending on the institution. I have a link to bankrate, which list 'a lot' of them.\n\nUnderstand it is NOT a complete list, but it is good for an idea, what banks/financial institutions are paying.\n\nCurrently HSBC Direct is paying 4.5% for their on line savings account - you may find this is more than many money market accounts.\n\nBeing a savings account, means there are limits as to the amount of times you can withdraw funds each month. You can make as many over the counter withdrawls as you like each month, but only 3 electronic.\n\nGood Luck!\n\nPS. Consider the rate, but also consider convenience, and an account that works the way you need it to.
138428
Money markets a simply bonds with short maturity, meaning (usually)government  bonds that will expire in (usually) less than one year.\nNot like regular bonds they are almost independently connected to the expected rate return of the period that the security will expire. In "regular" bonds there is also the risk factor (the "default" risk) where higher risk leads to higher yield but in money markets this is almost not a factor because these bonds are usually with very small risk (because of their short period to execution and because they are usually government bonds).\nIn money markets there are no "coupons". The price you pay is a beet less than 100 and the money you receive in the end of the period is 100. The difference is the return rate (in rough calculation)\nThe bottom line: YES, IT IS VERY SAFE
42789
Its a Scam, later on they will ask you to open a bank account in some country and for that they will ask you for some opening balance and stuff. All loss and no gain. My article below for full details.
676195
There is no such businsess which can assure you a profit without any risks.  You may put your money in a time deposit account in a bank and get a 100% risk free return on your money.  However, the  rate of return will be much less than a business.
899712
No, but I'm prepared to bet £2950.00 that it's a con.\n\nThese people will eventually ask for your bank details so they can "transfer" your winnings.\n\nDO NOT give this information to them (or anyone). They will empty your bank account and/or use your identity fraudulently.
656864
No you can't do that. Your account may be closed.  This is fraudulent activity.  \n\nThe bank would likely reduce your access to funds to zero, meaning that in the future anything you deposit to your bank account would be held for 3-5 business days, your card would likely be cancelled and your account may be closed.
359480
Yes! You can try waiting, but if they find the error, you will have to repay them. If they really don't like you, they could claim you commited fraud to get the money.
10142
If you have a margin account, you can trade immediately with the money.  Don't be classified as a pattern daytrader, you can get a margin call.  Exceptions are if you have over $25,000 in your account.  \n\nWith a cash account the settlement date is usually three business days after the trade was executed.
674537
No, don't do this.  This is fraud.  Your card would likely be cancelled, your access to deposited funds would likely be reduced to zero so that you couldn't do that again and your account may be closed.