 How to save your money fast? |
hi,i would like to know if anyone knows any good tips to save up some money,anything helps and i would be thankful...thanks
☺☺☻☻♥... |
|
 Investing 101? |
| ok so i have $5000 how do i invest it n what stocks should i consider? invest it all in one? or many? I have NO clue how to invest into the stock market. your help is ... |
|
 I have 500 dollars to invest? |
| what would be the best way to invest to get a maximum return in a short period of time?... |
|
 I am buying house for investment. I am not sure if I should 20 or 30% down pay.? |
| I thought 30% down better to reduce interest pay. But my agent says to put 20% because I could get tax deduction for home interest payment. which one is better to reduce interest pay or to get tax ... |
|
 I lost my entire life savings and inheritance of $400,000 in the stock market mostly in SIRI? |
Why I havent killed myself God only knows.
Now I'm stuck with 32,000 shares of SIRI at $0.45 a share when it was around $10 just 3 years ago.
Will SIRI ever go back up to $1... |
|
 There is a company in Alabama that owes me a commission check. How do I go about getting it? |
| TELEPHONE CONTACT IS IMPOSSIBLE AND THE TWO LETTERS I MAILED TO THEM HAS BE RECEIVED --JUST ON ANSWER!!... |
|
 If I am 30 yrs old & sigle with no kids & no house then about what is my risk tolerance for investing? |
| What is my risk tolerance and why is this important? What funds should I be looking into at this age? What percentage of my investments should go into each category of risk?... |
|
 Can anybody tell how can i get the knowledge about Stock Market or Mutualfunds? |
I Want to invest in stockmarket and mutual fund.
but with safely and step to ... |
|
 Where is all the money in the U.S. going? ? |
| The economy is so bad right now but I don't understand where all the money is going. If someone gives money to another, he then turns around and spends on something else. So why is the economy ... |
|
| What is the best way for a novice to pick stocks? |
| I plan to do a steady investing plan (IE $1000 / mth). I'd like to divide the money into 4 - 8 stocks. I don't want to play the market or day trade. . .Aggressive and steady, that's ... |
|
 I'm confused by stocks! What is selling well today? |
| I'm trying to find different companies that are increasing well in their stocks!! Does anybody know of anything that is doing really good? Or what may start going good? Please include ticker if ... |
|
 Would you buy Bear Stearns stock now? |
| It's up almost 40% today. Is this just an anamoly or is it smart to buy it now since it's so low?... |
|
| I am 18 and what is the best way to learn more about saving money and investing in stocks or anything else? |
| So far I am going to try to work every summer and make 2 grand each summer. I am clueless about investing money, i want to learn how to start a business with friends(not those pyramid scams stuff), i ... |
|
 Has anybody lost money by investing in MUTUAL FUNDS? |
If yes, then how? What are the precautions one must take while investing in Mutual Funds.
Is UNIT TRUST equally safe? What is the difference between Unit Trust and Mutual Funds?... |
|
|  |
Roaks | Any point in using 401k? |
I am a summer intern at my job with only a month left this summer, and I only come back to this job one month in the winter and two months during the summer. I do not plan on continuing with this company after I graduate college in two years. Is there any point in starting a 401k plan here? (I recently found out that I was eligible to use it, I was told I could not before.)
Additional Details
As a side note from some of the comments you guys have made, as an intern here I make way more than any 19 year old should, I've already maxed out my roth ira contributions for this year also. I'm just trying to gauge if it's worth putting into the 401k when i'm only working for a few more summers, then I won't be continuing at this company. |
 |
 
derobake
 |
If you do not need the money now and are interested in investing for retirement, then yes it is a good idea. Don't let the duration (or expected duration) of your employment be a factor for determining whether you contribute or not. Yes, you may not be there long enough to become vested in your employer's co-contributions. However, any money you contribute and its subsequent earnings are always yours, regardless of your employment duration.
After you leave this current job, you can simply roll that money over to a Traditional IRA or the 401(k) of your next company. Please do not pass up the opportunity to stash away money into a tax-deferred account simply because you might not be working there in 2 years. Once in this account, your money can remain tax-deferred because you can roll it over in the future. It's much easier to place money into these accounts early in life than to try to play "catch up" later in life, especially since there is an annual limit to how much you can contribute. |
|
jebediabartlett
|
Yes, yes, yes...contribute any amount you can spare. When you do move on to different employment, you take your contributions, any employer contributions, and the gains they have made...it's a nice little sum ( no matter how little)
When you're absolutely sure you're not going back then you just go to Fidelity, Vanguard, E-trade...anybody ...and roll it into an IRA...with a brokerage house you can put the money in any of thousands of different investments and it will grow, grow, grow...if you want, you can add to it ..if not ..just let it ride. |
|
Chris
|
Possibly
1. If you immediately vest go ahead it's free money. This is unlikely but possible.
2. Your IRA is maxed out and you need to put in more tax deferred money away.
3. You can invest enough money to get a significant tax break. This is also unlikely since you are working 2 months of the year.
I would recommend that you pass on this unless one or more of the three above reasons are true. |
|
sh.1959
 |
If the company matches your contribution, you should use it. If not, put it into a ROTH IRA. You don't get a tax deduction with the ROTH IRA but, as a college student, your tax bracket is probably very low anyway. |
|
jojo j
|
Hi, here is a collection of informative articles about investing. a free online investing tutorial for you.
http://www.investingtutorial.info/
good luck !
wish you make fortune from investing ! |
|
Ryan S
 |
I wouldn't bother... more hassle than its worth... unless you are making bank as an intern (not likely)
unless you it will be easy for you to max out your traditional IRA contributions...
in that case sure.... contribute a few k to the 401k.
more than likely you are a student with limited income... take the money you would save and just contribute it to a Roth Ira..... ... if not start one
cheers |
|
SvetlanaFunGirl
|
If the company matches any part of your contributions, and your limited time there will still allow you to keep that matching contribution, you woud be a fool not to take the free money they are offering. Otherwise, your limited income at this point in your life makes the tax benefits almost meaningless for you. |
|
john_carlton04
|
yes. start saving now, especially if the company you work for will match some part of your contribution. if they do match & you don't do the 401k, you might as well just leave money laying around, cause that's what you're doing.
start a 401k, then when you leave, roll the money over into an IRA. any bank will be glad to help you arrange that transfer. |
|
josie d
|
go for it... it is a sound investment in my eyes... my husband had one in the states where he worked for 6 yrs and in that time he put in over $10,000. so it is a good thing and it can be transfered to another 401K if you get another job that offers it...
is a savings account you can t touch till you retire and it is a sound investment..
GO FOR IT...
cheers
jo
ps you never even see it come out of your pay check cause its taken out before taxes then your taxed on what is left... |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 5 minutes(s) ago
| | | |
7 | 22 minutes(s) ago
| | | |
9 | 53 minutes(s) ago
| | | |
8 | 58 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
8 | 10 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
