Bank » Investing

What is a good bank to open a brokerage account with?

Banks — Tue, 02 Mar 2010 13:26:27 +0000

X_EvolutionSpot_X asked:

I’m like 20 years old and I have over 15g’s in the bank and I want to start investing. I was wondering what bank would be good to start a brokerage account with. Thankyou for your help.

What does a bank need from me regarding my investment account?

Banks — Sat, 20 Feb 2010 22:22:34 +0000

dutchbailey asked:

I am applying for a mortgage. I have an investment account. Does the bank care about how much I have in there? If so, what does the bank need to see regarding that account?

How much a bank can pay me for interest in a 100k balance?

Banks — Sun, 23 Aug 2009 22:02:54 +0000

GO asked:

I’m planning to sell my house for around $130K and was thinking opening an account that pays me interest (Capital One banking for example is at 4.30 apy)

I want to know how this work with any bank, do the interest accumulates monthly or once a year. How much interest should I get and how is calculated?

What does a million dollars in the bank do to your taxes?

Banks — Sun, 16 Aug 2009 18:29:13 +0000

Imagine that someone gives you or you win more than a million dollars. You pay the inheritance/gift/prize tax and you now have an even 1 mil in your bank account.
A) How does it affect your taxes if you let it just sit there?
B) What if you invest it by buying 1 mil worth of high yeild CDs?
C) Does this send out a red flag that makes you more likely to be audited?

By: Kender_fury

About the Author:

BANK!!!?

Banks — Wed, 12 Aug 2009 22:45:10 +0000

jewlz =) asked:

I have a project, and this is the directions…

“Visit 3 seperate banks. Be sure they are Different Banks, not two branches with the same bank name. Obtain materials like brochures and pamphlets and speak with representivies to obntain answers to the follow questions for each bank….etc.”

what does it mean by different banks, not two branches w/ the same bank name???

what 3 banks do i choose then ??