 What would you do with 2 grand? |
| I have 2,000 dollars that i got for a bonus from working, i want to invest but in what? any ideas guys, if you say stock can you tell me where i can buy stock? ... |
|
 What is the best country to invest in.? |
| People were talking about investing in other countries such as China, Brasil, Ireland, Mongolia,,,..... |
|
 What should I do with my extra income? |
| I have a great job and great opportunity to invest. I work at a college and bring home about $1450 a month. My housing is paid for by the school. I have an apartment on-campus and a meal plan ... |
|
 Is a 20% rate of return good since jan till now? |
Additional Details
Thanks ,Jake it is my hubbies 401k and I picked the distribution and wasnt sure if I did good with my choice.... |
|
 Iv got 5 grand siting in my natwest account whats the best thing i can do with it to increase its interest? |
iv thought about isas and high interest accounts but i dont really know the deal with them
i thought well its just sitting ther it might as well be earning me ... |
|
 What should I do with $100,000? |
| Should I buy an established business or buy a rental property?... |
|
 Need to make money online? |
| something simple. Not much hassle or dealing with public exctra.... |
|
 What is investment, how do i do it and what are the risks? Also is £2000 enough to start with? |
| I have absolutely no idea what i'm doing but would like to give it a try, ow does it work and what should i do?... |
|
 Where can you buy shares? |
| and what is worth investing today?... |
|
 Vending machines? |
| Im looking for ways to make money in somewhat passive income. When i asked around many people i talked to said that vending machines is a great market. They were saying that with only four vending ... |
|
 Only a few days til O-boy takes office should I stock up on guns and ammo? |
Im thinknig it will be a great investment if he illegalizes the stuff i can sell on black market to thugs and gangstas for like 10239% profit.
Additional Details
Sounds lovely Stan but ... |
|
 If you were a multi-millionaire, where would you invest your money? |
What would be the smartest way to invest millions?
Additional Details
What about foreign banks?... |
|
|  |
JESUSFREAK | Is it a good idea to start a 401k, at this point and time? |
I am 42 and have always been uneasy about 401k's and all the other "future" security monies, for retirement funds. With everything going on, and not just the money issues but globally we are not doing so well. I live from check to check and thank God for even that. In fact i am laid off till Jan. So was it a good idea i didn't get hooked up on this 401 thing. or should I actually start one. Just curious. I am not a smart woman when it comes to economy. I shop at Aldis's and buy my clothes at goodwill.
Additional Details
yep i got daves book "total money makeover". I am hoping my husband reads that one. like i said I am not gifted in money area. |
 |
 
Grayghost
|
With the rapture of the saints so close at hand,I'm
afraid the ink on your 401k application form won't
be dry before it's over. |
|
Upbeat
|
Well I'll bet you are a lot smarter than you are giving yourself credit for, as you are shopping places you can afford, instead of going into debt to buy at the high end places.
A 401k is almost always a really good deal, because you put away money before it gets taxed. If you make $500 a week and put $25 of it into a 401k, you will only be taxed on the $475, not on all $500. So you don't really "lose" $25 off your check, only about $18-20, depending on your tax rate and deductions. If your company adds money to your account, you would be getting "free money".
If you don't understand this, you can check with your HR department or look online for information. You might even go and ask someone at your bank.
|
|
debra p
 |
You will need an aggressive IRA or retirement plan YOUR STARTING A BIT LATE but hey I know how it is right now just get by, when you get another job most have IRA's and you'll still have time to get the 20 or 30 in to use it. add that to your ss and you should do okay |
|
heartconscience
 |
You and me both, I have one but I'm not relying on it at all, who know I may not even get a chance to see any of it. So I invested into a company where I'm building my own pension. The company pays you 53% of each comissionable dollar, with checks every single week. It's nice and recieve all of it now and your allowed to handle your own money. Here's the link, Check it out, I hope it works out for you like me. Take Care!
http://www.tahitiannoni.com/halaalinvestments
Click on (opportunity) scroll down and click on (read more) under FEARLESS INCOME BUILDING |
|
marmar
 |
It is always a good time to start a 401k if you have a little extra money. I withdraw from mine (I am 68) and don't pay taxes because my income is under a certain amount. All money put into a 401k is tax deferred, and, if you don't earn a certain amount when you retire, you won't have to pay tax then, if your income (including the withdrawal is less than a certain amount. So this money is never taxed
|
|
Blah
|
Geez -- you've gotta be kidding.
There are few financial opportunities on this planet that come anywhere near a 401K.
First, you save away some money -- that's good. Then, most employer matches it to some extent. Big note here -- THIS IS FREE MONEY. You don't have to pay any taxes on either your contribution or the employers for many many years. And on top of that, you also get a TAX CREDIT -- more FREE MONEY. You can typically invest it many ways, inclucing very safe government paper.
You are crazy to have not taken advantage of a 401K the moment it became available to you. I am not beong a wise a** when I tell you that you are better off cancelling your ISP and putting that money into your 401K.
UPDATE: Regarding Additional Details...
No -- I don't know where you're coming from. You seem to think that having nothing is better than having something, 'cause you might lose part of the something. The truth is, you'd have to work overtime to lose the FREE MONEY part.
Your 401K (up to some pretty large limit) won't just go away because "Wall Street crashes," any more than your bank account will go away if your bank fails -- it's insured.
If you invest some of it in a company that fails, you will lose whatever you have invested in the failed company, but only that. And remember that part of it that you lose is part of your FREE MONEY. The other companies in which you'll invest will make money -- that's how markets work.
What you invest in does make a difference. You should invest as your risk tolerance allows. Not that many folks invest directly in stocks, even though over long time the stock market as a whole almost always beats everything else. Most invest in mutual funds that invest in a diversified group of stocks, plus some private or government money market funds.
No one has ever lost a cent "investing" in government paper. And if it ever happens, it won't matter what you have your money in, 'cause money itself won't have any value either. Of course, you are guaranteed the lowest return. But remember, you are getting a low return on FREE MONEY.
A conservatively invested 401K is as close to a sure thing as exists. And remember, it is funded in part by FREE MONEY. Do you get where I'm coming from? Particularly the FREE MONEY part? |
|
MM
 |
Starting a 401K is a good idea because your company will match what you put in. So it's like getting free money in your account. And the money add up. By the time you retire you will have some money besides your SS check. It's never too late to start. |
|
J98
|
It's always good to start one! You get all that money put in there before taxes so you are not loosing anything :) |
|
agoodquestion
|
I would start a 401K if you ever want to stop working. They use pre-tax dollars and you then pay the tax when you take the money out. Hopefully at that point you will be in a lower tax bracket. If the company you work for provides a "match" you should definitely begin investing. Not investing is like giving up free money. Don't worrry too much about the stock market right now, think of it as stocks on sale. They'll be back up in value before you retire. |
|
REMINGTON 270 BOLT ACTION
|
401k's are insured up to a certain amount, so you don't half to worry about completely losing your money like you could if you invested in the stock market. Any age is a good age to start investing in your future. You will want to retire someday. The Economy will probably get somewhat back on track in the future (hopefully).
Think about it. |
|
Julie D
|
i hear ya! im only 26 but i like to consider myself frugal as well. the company i work for does a 401k match up to 4% of your paycheck, that is how much i put in just to get their match. i dont have alot of faith in that account, however i think every little but will count when its time to retire. if i were you i would go to your bank, and ask to speak to someone about a 401k. they can give you more info, and their advice is free usually. from one jesus freak to another
oh i would also consult dave ramsey and see what he thinks. i know i have heard himsay that you should pay your debt off b4 you invest, but im not real sure what he would suggest. |
|
Virginia Foster
 |
No.
The society rapidly turns to socialism, and in socialist countries the government confiscates all the savings and puts centralized social security in place.
My advice would be to buy silver coins (it is still legal) and a larger better house. The former could be easily hidden, and the latter is treated by socialists as private residence and usually (but not always) is not subject to confisaction. During next Civil War you could use your larger home for hosting "paid guests" (see gone with the wind for details)
[
Note:
do not listen to economists and analysts and tax planners.
Remember: people who f****ked up Fnnie and Freddy all had MS and PhD in economics, and 50 years of experience on their resume
Use your common sense.
] |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 38 minutes(s) ago
| | | |
12 | 3 hour(s) ago
| | | |
1 | 8 hour(s) ago
| | | |
13 | 2 day(s) ago
| | | |
13 | 4 day(s) ago
| | | |
12 | 5 day(s) ago
| | | |
12 | 6 day(s) ago
| | | |
12 | 2 week(s) ago
| | | |
12 | 2 month(s) ago
| | | |
12 | 6 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
