 Time to invest in bank shares? |
| Any idea to share? Thanks...... |
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 Buying in euros? |
| I am looking to buy a car in Spain and is now a good time to do it based on the £ to euro rate?... |
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 Setting up a 401K...Pls help? |
I am 26 and thinking about setting up a 401K with my employer and need help from others in suggesting what questions I should be asking our representative...
I know overall what a 401K is ... |
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 Benefits of rolling your own ciggarettes? |
What are all the benefits and how long would it take to roll a carton? Should I switch to rolling so I could save money for an upcoming vacation?
Additional Details
PEOPLE!
Please ... |
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 Which stock/stocks should i hold in my portfolio to get benifit of crude hitting 130$ per barell..? |
which stocks are related to crude prices?
Additional Details
I am asking this in relation to NSE/BSE
I... |
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 Who buys shares when you sell them? |
| If the price of shares in a company are dropping because people are selling them and nobody is buying them, where are they going? who is buying them? surely nobody would buy shares of a sinking ... |
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 Newbie Stocks? |
| I am new to stocks; I have always had an interest but no education. Where can I look to find out what different numbers mean such as PEG and P/E? Also I notice that a lot of stocks have a big jump ... |
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 Do you read the Wall Street Journal? |
| If so do you feel it benefits you? As far as investing decisions go?... |
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 Stock market? |
| Hi, Im a teenager and my dad just told me to buy some stocks cuz they are going to 'help' me later or whatever. So i need help. I dont even know what Stock Markets are (well i do but not ... |
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 Which Online Trading Should I Go For? |
Hi
I am new to all these markets and looking to start with it.
I wanted to go for an Online Trading Company like India Bulls, Sharekhan etc.
I aim for being both a L... |
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 How greedy will the stock market be when stocks start going up in price? |
| how many little greedy people will jump into stock for the expectations of making a ... |
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 If I am 23 what % of savings should be in the market? |
| I know there is a mix. I also have an IRA by the way but curious as what the experts recommend based on % of my money should be in the stock market.... |
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formula11e2000 | Should I pay off my mortgage quicker or should I save? |
Im closing on my first house next week. My husband and I are both 30. I checked I mortgage caculator and found out if we make a payment of $3500.00 1 x a year in addition to our regular payments then we will pay the loan off 10 years earlier. Is that a good thing to do with our money or should we be putting it into some sort of stocks for retirement. |
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PepsiLime
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Basically it all boils down to what is your mortgage interest rate versus what rate of return can you get for investing in stocks. If your mortgage interest rate is lower than the rate of return that you can get from stocks, then go with stocks, if it's the other way around, then go with paying off the mortgage quicker. |
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bizzbagg
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stocks or mutual funds unless you are already putting at least 15% away at your works 401k plan. i would put more away in the 401K plan, because it comes out of your pay check before taxes does. you rate of return will be higher this way then what you would be saving by paying down the mortgage. i hope this helped. |
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Badger Fan
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Do both! With building a solid financial future, make sure you guys build a very solid foundation first (savings, CD's, money markets, cash bearing life insurance (very powerful yet grossly under-utilized tool)) before you really get going on the walls and the roof. Take advantage of the 401K's and IRA's offered through your employers. No matter what happens, always remember to pay yourselves first!
With the debt(s), itemize the debts and decide to either attack the highest debt or the debt with the highest interest rate first. Then, progressively kill off each debt by applying the accumulation of the monthly principle payment amounts from one debt to another.
Example: House debt 2000/month, 7% interest rate
Credit Card 200/month, 18%
Possible strategy: Pay 300/month to kill the credit card (never do the min. even when the min. changes). Credit Card over. Pay 2300 (2000+300 from Credit Card) to kill the house. House done. |
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james l
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Pay off your mortgage first. |
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piet lul
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it depends on your interest rate, if the rate is very low, don't do it, if the rate is high, by all means |
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jeff410
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If your mortgage is going to last beyond your retirement age, pay it down. Otherwise if your expected return on investments is more than what you save by paying down your mortgage, including tax savings from interest deductions, then invest. |
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BAL
 |
Personally, I have been on both sides of that question.
I have found that I can get a deduction for mortgage interest (at 6%) which is deductible at my highest marginal rate (about 35%) but some of my high-yieldiong stocks give me 8-10% returns and are taxed at a maximum rate of 15%. Plus I have capital gain potential in the stocks and the capital gain potential in the house is still there and more leveraged.
If you can direct the additional money into a retirement account, you could conceivably do even better.
If you have credit card debt, paying that off will get you a return of 15-20% with no risk.
Another plus for most people is that investments can be sold and used for expenses of living and so on if need be. Home equity can only be tapped if you get a loan, which you can't get if you are out of a job.
So, now I invest my extra cash and don't think repaying the mortgage is such a great idea. |
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Dr. Deth
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pay an extra 300 a month instead and you'll probably pay it off even quicker - I'm only about 15 yrs from desired retirement age and only 18 months into a 30 yr loan and want to be mortgage free by retirement if at all possible, so I pay a little extra every month and will increase that extra over time - go for it |
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