Your Questions About Investing Tips For Kids

Donald asks…

What is the best deal for the Cannon Rebel XS?

I have done lots of researching into this but can’t seem to find the right bargain. I would love to have a “starter kid” of the Cannon Rebel XS. I want it to include at least one lens and other items that a beginner photographer would need. So, I need your help! Can you find be a great bargain for the Cannon Rebel XS? Also, do you have any tips or suggestions before I invest into this camera?

Thanks so much!
Um.. i wouldn’t be asking for your guys’ help if I hadn’t already done it myself. This was my last resort. I haven’t found a price that I am comfortable with yet.. you guys are just douches!

John answers:

You might consider buying from amazon Canon Rebel XS 10.1MP Digital SLR Camera with EF-S 18-55mm f/3.5-5.6 IS Lens
http://www.amazon.com/gp/product/B001CBKJGG?ie=UTF8&tag=bestdeals-y-20&linkCode=as2&camp=1789&creative=390957&creativeASIN=B001CBKJGG

Mary asks…

What will I be taxed? Trust Fund….?

When I was a kid my aunt gave Morgan Stanley 10k to invest for me that would be avail to me at the age of 28. (A Trust Fund?) I turned 28 back in july. I received 24k cash and 140k of various invested stocks. I spent the cash paying past due medical bills ect. Ok this is where it gets sad. Umm because of the stock market events the 140k is now 62k… What tips can anyone give me on filing my tax return. What am I going to be taxed on this gift that turned into a joke. I am disabled and have not worked in 2 years. And I do not receive unemployment check from the gov. I am too proud for that, just so you know. Oh, one more thing- I moved the stock to scottrade. I am going to try day trading for income. Thought I would add that incase it changes anything. Thank You !!!!!

John answers:

First, I would be very happy to receive 62K in stocks, and would not view it as “a joke.”

If you sold the stock (moving it to scottrade implies you sold it), you will get a 1099 for the amount you sold it for. It is your responsibility to find the basis for the stock. You might use a professional for that. If you lost money in the sale (again, you may or may not have, depending on information not given), you can claim $3,000 a year against other income, or use it to wipe out other similar capital gains.

If you haven’t worked for 2 years, you wouldn’t be eligible for unemployment anyway, proud or not.

And, if you do day trading, I hope you are good at it. Most people lose money, even in good markets (the transaction fees kill you). Starting now, keep accurate records of everything you do, that can reduce the nightmare at tax time (every trade is a taxable event, if you do several a day, you will have a tax return in the hundreds of pages. Just some advice.

Chris asks…

Just Sex or a Relationship?

Me (22) and this older guy (26) have been sleeping together for 2 months. We haven’t really talked about our relationship but I do believe it is more than sex. Me and the kid have been friends for over 5 years. We have quite the history and thats what makes me nervous. 3 years ago he wanted to be with me but i had a boyfriend at a time, and he constantly told me how much he liked me and how he never felt this way about a girl. But now 3 years later I’m unsure if the same feelings are there He takes me snowboarding, and out for food. But in the back of my mind im still curious if we are actually together. He always wants me to stay the night and when i do, he’s very cute and cuddly. Its more then sex we talk, he holds my hands all his friends and his roommate call me his g/f but he just never addressed it. He even told me he is going to take me out next week for my birthday. Its so nice to just chill and hang out with him. Somedays after we have sex we just lay in bed naked all day and play video games and watch tv. its just so natural and nice. I’m just confused with where i stand. The other day he mentioned me moving in with him and i just thought it was crazy being so soon, but i dont think he’d say anything like that if there wasn’t any feelings attached. Today we went to breakfest with him mom and seemed to feel like it was more but im just scared i will chase him away by bringing it up. I like him so much and he’s just amazing to be around he cooks me like these huge italian dinners so i do believe its more i just wish i knew whats going on his head. I just want to know how i can get him to show his feelings or if i should continue to let this play out. I do believe he likes me and I like him so much thats why im allowing it to be played out cuz i don’t want to rush anything. Any advice would be greatly appreciated. And any tips to you know to progress the relationship further. I’ve always had really strong feelings for him, and could even see myself marrying him which is a huge step for me, I’m just scared im gonna get too invested and get hurt.

John answers:

Go with the flow–do not push the issue and stop being so “convenient” for him and see what happens.
Life is full of “hurts”, ones maturity is how we, as adults deal with it.

Nancy asks…

Is this more than sex???????????????????????????????

Me (22) and this older guy (26) have been sleeping together for 2 months. We haven’t really talked about our relationship but I do believe it is more than sex. Me and the kid have been friends for over 5 years. We have quite the history and thats what makes me nervous. 3 years ago he wanted to be with me but i had a boyfriend at a time, and he constantly told me how much he liked me and how he never felt this way about a girl. But now 3 years later I’m unsure if the same feelings are there He takes me snowboarding, and out for food. But in the back of my mind im still curious if we are actually together. He always wants me to stay the night and when i do, he’s very cute and cuddly. Its more then sex we talk, he holds my hands all his friends and his roommate call me his g/f but he just never addressed it. He even told me he is going to take me out next week for my birthday. Its so nice to just chill and hang out with him. Somedays after we have sex we just lay in bed naked all day and play video games and watch tv. its just so natural and nice. I’m just confused with where i stand. The other day he mentioned me moving in with him and i just thought it was crazy being so soon, but i dont think he’d say anything like that if there wasn’t any feelings attached. Today we went to breakfest with him mom and seemed to feel like it was more but im just scared i will chase him away by bringing it up. I like him so much and he’s just amazing to be around he cooks me like these huge italian dinners so i do believe its more i just wish i knew whats going on his head. I just want to know how i can get him to show his feelings or if i should continue to let this play out. I do believe he likes me and I like him so much thats why im allowing it to be played out cuz i don’t want to rush anything. Any advice would be greatly appreciated. And any tips to you know to progress the relationship further. I’ve always had really strong feelings for him, and could even see myself marrying him which is a huge step for me, I’m just scared im gonna get too invested and get hurt.

John answers:

If he isn’t your boyfriend then God never made little green apples !

Ken asks…

Just sleeping together or more?

Me (22) and this older guy (26) have been sleeping together for 2 months. We haven’t really talked about our relationship but I do believe it is more than sex. Me and the kid have been friends for over 5 years. We have quite the history and thats what makes me nervous. 3 years ago he wanted to be with me but i had a boyfriend at a time, and he constantly told me how much he liked me and how he never felt this way about a girl. But now 3 years later I’m unsure if the same feelings are there He takes me snowboarding, and out for food. But in the back of my mind im still curious if we are actually together. He always wants me to stay the night and when i do, he’s very cute and cuddly. Its more then sex we talk, he holds my hands all his friends and his roommate call me his g/f but he just never addressed it. He even told me he is going to take me out next week for my birthday. Its so nice to just chill and hang out with him. Somedays after we have sex we just lay in bed naked all day and play video games and watch tv. its just so natural and nice. I’m just confused with where i stand. The other day he mentioned me moving in with him and i just thought it was crazy being so soon, but i dont think he’d say anything like that if there wasn’t any feelings attached. Today we went to breakfest with him mom and seemed to feel like it was more but im just scared i will chase him away by bringing it up. I like him so much and he’s just amazing to be around he cooks me like these huge italian dinners so i do believe its more i just wish i knew whats going on his head. I just want to know how i can get him to show his feelings or if i should continue to let this play out. I do believe he likes me and I like him so much thats why im allowing it to be played out cuz i don’t want to rush anything. Any advice would be greatly appreciated. And any tips to you know to progress the relationship further. I’ve always had really strong feelings for him, and could even see myself marrying him which is a huge step for me, I’m just scared im gonna get too invested and get hurt.

John answers:

Sorry but you are Lying to yourself , if there is something uncomfortable Between you , it will shows in future That you cant bearing each other , be careful , being good together doesn’t need explanations … Its just good

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