Can you invest IRA money in foreign investments?

Answer When investing IRA money, it is important to be cautious and informed, as this is your retirement money. An IRA cannot be used to transfer funds overseas for foreign investments. However, an IRA ca... Read More »

Top Q&A For: Can you invest IRA money in foreign investments

What are investments by public bodies in foreign financial instruments called?

Public authorities purchase foreign financial instruments as foreign exchange reserves. Foreign exchange reserves help government officials make international payments and manage exchange rates. As... Read More »

Rather than save money, would it be wise to invest money into a constantly expanding portfolio?

Assuming you pick good companies, not necessarily high rated companies. It is not wise to put too much faith in how Wall Street analysts rate companies. They are always too optimisitic. And you ... Read More »

How to Avoid Losing Money on Bad Investments?

Bad investment strategies not only lead to devastating losses of income, they can cause stress, feelings of failure and excessive worry and regret. Become educated about financial planning and lear... Read More »

How to Invest in Foreign Currencies?

Did you know that every day, more than $1 trillion is traded in the global currency market?Investing in foreign currencies might be risky, but it can also make you a lot of money. Here's how to get... Read More »