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How Can a Person Invest Money for a Minor Without Problems?

Answer

Parents or legal guardians can open an account for a child under the Uniform Gift to Minors Act (UGMA) or UTMA (Uniform Transfer to Minors Act) according to Selena Maranjian of The Motley Fool. In a UGMA or UTMA account, the parents make all
source: www.ehow.com
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One disadvantage of mutual fund investing is that mutual funds are not tailored to the specific investment needs or tax status of individual shareholders.
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For an algebraic solution, consider separately the investment earning 6% and the investment earning 4%. Calculate the future value of each then sum the results to find the accumulated
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(x)16 + (8800-x)14=1326. x*16+1232-14*x=1326.02*x+1232=1326.02*x=94. x=4700. This reads as x= the amount of money invested at 16% and (8800-x) is the amount invested at 14% So to
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