401K Financial Planning

Gwapings asked:

i bought a stock today oct 01 for 700 per share, ididnt notice there where stock dividend happening. what do they mean by this?

Please be informed that the Board of Directors of China Bank at its special meeting held today approved to fix - a. 04 October 2007 as the record date of the twenty-five (25%) percent cash dividend of the par value of each share or P25.00 per share, adopting the same record date set by the Commission for the twenty-five (25%) percent stock dividend to meet the paid-in subscription requirement on the Bank’s increase in capital stock from Pesos Ten (P10.0B) B to Pesos Sixteen (P16.0B) B, and b. 30 October 2007 as the payment and/or issuance dates of the cash and stock dividends, and for said purpose to have the Bank’ transfer books closed from 05 October 2007 to 19 October 2007, inclusive. CASH DIVIDEND CASH - P25.00 per share EX-DATE - October 1, 2007 RECORD DATE - October 4, 2007 PAYMENT DATE - October 30, 2007 STOCK DIVIDEND STOCK - 25% EX-DATE - October 1, 2007 RECORD DATE - October 4, 2007 PAYMENT DATE - October 30, 2007


Question posted courtesy of: Erik

goldenret35 asked:

I am in high school and I currently have saved ~ 7000 dollars. For years, I have had CD accounts with APYs around 4%. I learned in my personal finance class that returns/year in the stock market over the past 70-some years have average 10%/year, which is much better than CDs, especially once I have to renew mine later this year with CD rates in my area below 3%. I was looking at maybe investing some of my money into the stock market, but I am unsure how much I should invest; 5%, 10%, 20%, 50%, etc, I have no idea how much I should aim to invest given the economy’s present state. In addition, I don’t have a clue which stocks to invest in. What stocks do you predict will have good returns that are better than my CD rate of 4%…and what stocks do you think have a good chance of doing well in the long run, like from now to 2020 or 2030?


Question posted courtesy of: Marian