 Am I wasting money on my 401(k)? |
Right now I'm contributing only 1% of my pay to my 401(k) invested primarily in TRRMX (Retirement 2050). I have a company match of .50 to every $1- up to $500/year.
Anyway, I've ... |
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 How much interest is gained on a Roth IRA? |
| Hi... I am 22 and I am thinking about starting a Roth IRA. I've been told that a Roth is better than a CD or a savings account, but i am wondering how much interest is gained annually on a Roth (... |
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 I need help understanding a margin account.? |
| My question about a margin account is this: Do you have to pay it ALL back right away or do you make montly payments? Say I borrow 10000 from my broker, buy 1000 shares of a stock when do I have to ... |
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 Barclays bank.? |
do you think their share price will recover within 6 months or 12 months from 260p a share today up to about where it used to float around 500p a share.
or do you think barclays share price ... |
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 What will the price of silver and gold be 30 years from now? |
whats do you think the price of silver and gold will be 30 years from now per 1once?
im thinking of buying bullions of both so i can sell them in like 30 year.... |
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 Day Trading Question:? |
If I start the day with $30,000 can I make a $10,000 day trade as long as I close the position by the end of the day? Or does this violate the rule requiring $25,000 equity at all times?
D... |
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 If a billionaire invests to buy 7% of Bear Stearns today, why didn't the share price rise by 7%? What's up wi |
th that? If the company is worth 7% more and he bought the shares on the open market, why didn't share price go up in proportion to the new value assessment?
Additional Details
If ... |
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 How do you determine what is a good price of a stock? How do you indicate whether the p/e matches price per? |
| How do you determine what is a good price of a stock? How do you indicate whether the p/e matches price per share?... |
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 Please help me? |
| Is it proper to purchase stocks in a shoe company that uses child labor in developing nations to manufacture its product? why or why not?... |
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 Is gold worth the investment these days? |
| I have been looking at some cool gold coins, and I have always wanted to collect them like Scrooge Mc Duck and go diving into them some day...is it worth it to start collecting these days or will the ... |
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 I need a good money making scheme. Any suggestions? |
| Is there a way to make money with stocks whether they are going down or up? I don't have the time to constantly monitor the market, and i have talked to people who have had bad experience ... |
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 Is it worth making a very small investment with these fees? |
| My bank offers an investment account with no maintenance fees, but I have to pay 10$ for purchasing a stock, and $10 for seliing it.. It seems a bit much, but even though they allow you to keep an ... |
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serramontecrabs | Whats a good way to save for a downpayment? |
My girl and I want to buy a house together - we are legally married, we want to sock away a couple hundred a month for a few years. She is thinking doing a 401k and borrowing against the 401k is better then putting money in a CD or a mutual fund. While you save on taxes on the 401k's income during the "saving" period, you have to pay it back....I dont think its worth the bother.....She doesnt work, I have a pension plan that does not allow borrowing. I've got open ears for suggestions. |
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Frank Castle
 |
I strongly suggest you to suggest your girl to get a job.
If she is not a College Graduate then she really should go back to school.
Banks don't like couples with only one source of income. |
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Jason M
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My suggestion would be to put it in a high earning mutual fund. cds give you a fixed rate but normally its not a whole lot. Mutual funds normally give you a better rate. You may also look into a money market account. Its the same as a cd but you dont get penialized for taking money out early unlike a cd or a mutual fund. |
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Bryan J
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Buying my house was tough. Over a three year period I worked a series of small second jobs (teaching community college courses was the funnest), and saved the income from those. Any unexpected income, a small stock sale (even $100 from Mom&Dad) also went into the pot. Eventually it added up. |
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angel_light
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The most important part is putting away money consistently. See if you can set up an automatic deduction from your payroll. That way, you'll never miss it or be tempted to dip into it "just this once" for an emergency.
The best place to "park" your funds for a few years is a no-load index fund. For a shorter period of time, I would suggest a money market fund. The return is lower, but you don't have to worry about the stock market being down when you want to draw it out. It's immediately available any time you need it. |
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PRS
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Mutual funds. Sock every bit you can away in the mutual funds. they grow and you get more money. I have mutual funds that I put $3500 in four years ago - now have $4100 and I haven't added a dime. If you add some every week it could grow even faster. Talk to your financial guy (I use Edward Jones) very reputable and knowledgeable and every city has at least one. When you've saved enough you sell out and buy your home. |
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Steve R
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Since she does not work and you have a pension plan, and if you are not contributing to a 401K, you can't borrow from one if you don't have it. Money to be used for the downpayment should go to a CD, since you could possibly lose money in a mutual fund. |
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kramerdnewf
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I don't know how much money you make or where you live, but talk to somebody in real estate. By the time you have enough to have a significant down payment, the market may have escalated beyond your means. See if you can find a developer doing "zero down" or "5% down" houses. The risk in new real estate is that your house doesn't escalate in value for awhile because people are building around you and follks want new construction. But it's better than watching real estate escalate 20% while you're saving $2400 a year.
Another idea? Try to find a "rent to own" property. |
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