I would like to know what bank should and shouldnt do to avoid this crisis in the future.As the matter directly affect the US stock market and also the contagious to other part of the world....
If you had $25,000 what is the best investment? What about $50,000? If you want, or should I say NEED an immediate return on your money, what is your best option? Serious answers only....
Is it wise to invest in different mutual fund companies or just one company for maximum returns? My reason is that in case Company A fails, I still have a backup with other companies.
ok well im 19 and have 6000 in american funds capital world growth and bonds. i put it invested around july and now im at 5600, i COUlda bought around 362 double cheesburgers with that money. Did i ...
Buy low. The markets are low. If you are leaving it there until retirement, this is the best time in the world for you to buy. When you're older, the stocks will be worth way more than if you keep it under your mattress. Sell high later.
Thankful For Fools
Unless you're going to starve to death or get evicted if you don't have that 5% in cash, then it's an overwhelming resounding no. That was not a good idea.
Thankful For Fools
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justfun74
no not a good idea. Why would you do that unless for emergency cash/pay off high interest debt/etc.? Also, you may be losing your company match too if they have one.
The Old Guy
A very foolish move. Participating in a 401 program is beneficial to all participants who not only increase their net worth but have their company provide financial support for you and all this is a tax delayed environment.
You don't have to invest in any type of security, you can always put the money into a money market fund, although I don't recommend it since security investing would be more beneficial.
You've made a very foolish move, and you should correct it first thing Monday morning.
General Custer
No. It is best to invest in the market when it is low.
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