 Does anyone know any "unconventional" ways to make money? |
| I need to make more money. I have a part time job that pays just more than minimum wage and I'm trying to budget that between rent, groceries, gas, car insurance, and school payments. Needless ... |
|
 Help! Someone has withdrawn money from a friends account will they ever see it again? |
Hi,
Imagine just checking your balance to find £750 has been taken out without your authority.
Where would one stand, would the bank pay this back if you could prove where you were ... |
|
 Could anyone refresh my memory as to what the bank of englands strongroom entry code is? |
| i had it written down on the palm of my hand but washed it off after using lavatory DOH?... |
|
 What changed for you when you started work? |
Hi you may have met my friend kizscarlett. I am on the same course as him so would you mind writing a few words on this topic.
Thank you
A.... |
|
 Friend borrowed money. Now asking for money against a check.? |
| My friend borrowed $1K cash. He wrote me a check of $1K against cash borrow. After 6 mo he is sending me a letter asking me to return the loaned money to him. He is threating to take me court. How do ... |
|
 Where can I get the money for all this? |
$4 for a gallon gas
$50+ for groceries
$75 to go to the beach on a daytrip
$35+ for a week's worth of dining out
$50 per month on car insurance
$8 for a month's ... |
|
 Debt recovery company threatens me with legal action, what should i do? |
| i closed my account with BT recently and they sent me the final bill. since i was out of the country and couldn't pay it on time, i got a letter from a "debt recovery company" ... |
|
 Can I trust this website?? I need help? |
| throught my university campus, i see papers advertising the website: mydatajobs.info... It is a website where you get paid an unbelievable amount by just advertising. it seems too good to be true and ... |
|
 Has anyone ever gotten a small loan in the us with bad credit? |
| I was just wondering if anyone ever actually got a small personal loan like $3,000 really quick with bad credit excluding Credit Union, Bank, and from any of the people like F. Linkus or others that ... |
|
 How can I make fast cash honestly? |
| I am in a financial bind and am looking for ways to make some money. Please answer the question honestly, and please no rude or dirty answers! Thanks!... |
|
 How to get rich quick? |
| im feeling really down after a split from my boyfriend. i wanna run away but i am totally broke :( any tips on how to make or save money fast? i have a job by the way!... |
|
 If you had $500.00 ...? |
| If you had $500.00 dollars. what would you do. My bills are paid, I'm not behind on anything. I'd like to do something just for me.... |
|
 How to earn money?? |
| Im 11 and I want cash( I mean who doesnt??) I well sorrta dont want to get it online cause it not realy safe so yea and yea, also I love ... |
|
|  |
Gary Y | I am 54 yrs. is it to late to try an put something away for my retirement.? |
|
 |
 
housebuiltinaday
 |
no its not too late. you probably will have to invest a little more but i can see it working and aren't they trying to up the age for retirement anyway. i wish you a long healthy life with everything your heart desires. peace. |
|
Annie
 |
No. It's pretty late, though.
DO NOT use a 'financial advisor'. They charge high fees and that ruins your returns:
"the BCT study found that the raw returns of equally weighted mutual funds (net of all expenses) for 1996 to 2002 were 6.626% for the investors working on their own and were 2.924% for funds provided by advisors.
In other words, the public working on its own did more than 100% better than financial advisors when it came to selecting equity mutual funds. After factoring in inflation and taxes, clients of financial advisors lost money and lost purchasing power. "
http://advisor.morningstar.com/articles/doc.asp?s=1&docId=4482&pgNo=0
http://www.bankrate.com/brm/news/boomerbucks/20061206_investment_advice_a1.asp
Get a good book on investing. I suggest this one:
http://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/0470067365/ref=pd_bbs_sr_1/103-4350381-0371842?ie=UTF8&s=books&qid=1190343696&sr=8-1
Probably the best thing you can do is
1. Max out your 401k with a proper asset allocation (learn your risk tolerance). Do not trade, leave it alone.
2. buy a target retirement date fund (start an IRA) from Vanguard and leave it alone no matter what happens in the market for as long as you can. Don't even think about it, except to put as much money as you can into it.
3. Don't retire until your house is paid off. |
|
thischick
 |
its never really to late to start saving! most people retire are 65ish so that gives you a little over 10 years, i would suggest investing some money so you can get a larger return! |
|
skipper
|
You will probably retire at age 67...13 years from now. If you start today, I would suggest investing 20% of your pretax salary. To do that you will have to make a significant change in your current living standards...because you have been spending that 20%. Pretend you have lost your job and had to take a job paying 20% less. If your company offers a 401k plan, investing 20% will be easier (tax deferred) but the plan may limit your contributions to 15% or less. Invest the maximum amount than you can in a Roth IRA...the investments will grow tax free.
If you save 20% of you gross pay for 3 years and you invested it conservatively such that your after gain each year just equaled the inflation rate, after 13 years you would have 2.6x your current salary (adjusted for inflation). You could withdraw from that amount to supplement your social security.
If you invested a little more aggresively such that your after tax gain was equal to the inflation rate plus 2%, after 13 years you would have 3.2x your current salary (adjusted for inflation). |
|
bdancer222
|
Well you won't be able to put enough away to live the high life, but it would definitely help out. You won't be able to sign up for social security till you're 67. That's 13 years in a decent mutual fund. |
|
mikeeyman
 |
It is late... But its never too late. Do it now. :) |
|
Steve B
 |
It is never too late.
Keep in mind, that you get Social Security (if there is still SS in a decade). |
|
Chelsea L
|
No it isn't too late, but you don't want to get into anything long term. I would avoid stocks and bonds, but I would stick to shorter term more conservative forms of investment, such as your employers 401k, which obviously will pay more if you leave it long term, but it can be taken out when you retire regardless of how much is there. I would also suggest something along the lines of personal IRA's and though, again, short term are not going to pay much, it is a way to put away money. Best bet will be CD's. Try and find one in your area that is paying the highest percentage... They probably will be in the ballpark of 5-7%. You'll be lucky to get higher than about 5-6%, and most have minimum requirements of what you have to put in, such as $1000-$5000 dollars... |
|
DARREN W
 |
I feel that it is to late for you as unless you can afford to put very very large sums of money in to a pension fund . You would be better putting what you can under the mattress so to speak.
I know of many builders that are in the same boat in the 70's ,what with coming out of national service in there twenty's and finding a job ,starting family's ,they never found the money or time to put anything away. SORRY. |
|
Lex
|
It's never too late. Get a good financial planner and an aggressive investment plan and you can be on your way. |
|
stopdieting
|
It's NEVER too late for this..However I can show you how to invest and reap awesome benefits in the long term.
I accept private messages. |
|
Doctor Foo
|
yep. You better get used to the taste of cat food |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 39 minutes(s) ago
| | | |
12 | 2 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
12 | 9 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
13 | 4 day(s) ago
| | | |
12 | 6 day(s) ago
| | | |
12 | 2 week(s) ago
| | | |
12 | 1 month(s) ago
| | | |
12 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
