Personal Finance


investments
MadameRx asked:


I know IRA is a tax shelter account, so what are good investments?

investments
Kiz M asked:


Do you know what is approximately a normal amount of money to have in your savings/checking account?

I think lots of people don’t like to keep much cash available in a savings/checking account — instead they prefer to put it in investments like stocks, bonds, mutual funds, retirement plans, etc.

But you still have to have some spending money available, of course, so I was wondering what’s an average amount to have? Do you have any idea?

investments
natashap asked:


Apart from time accounts are there any other investments?

investments
Lacey Ann asked:


My fiance and I are both 25, have dependable high paying jobs, and are already home owners. Neither of us have school loans, credit card debt or other outstanding debt with the exception of one car payment. I’m wondering where we should look to invest our money in the coming years as I’d like more return on investment than my current money market account is offering. What other long term, moderate risk investments should we consider?

investments
calmarnet asked:


I always hear people saying that diversifying your investments. I would like to know what exactly it means. I checked many places like wikipedia or the capital asset pricing model. None of them states clearly what exactly diversifying means in real practice.

investments
spring_sap asked:


I am reaching the age of 60 this year. The stock market has had a long bullish run. However, because of economic uncertainty and my age, I want to reposition my portfolio into a more defensive posture. I have read much advice recently but would like to hear from others who have personal experience with this or from anyone with ideas about defensive investments that might offer yields above bank CD rates.

investments
Foamy is God asked:


Should I sink all my cash into a house or carry a morgage and diversify my investments?

investments
BP asked:


I have $27,000 in various investments ranging from 401K, Common Stocks, and Mutual Funds. I also have $26,000 in credit card debt. Should I liquidate my investments and pay off my credit card debt. What would be better in the long run. Credit card interest spans from 4.99% to 17.99%.

investments
Charles T asked:


I am a college sophomore. I earned about $5000 last year in interest from savings and investments. My total income for the year, however, was still only about $18,000 including this interest. Even though my total income is low, will the high interest amount I earned adversly affect my chances of qualifying for federal student aid next semester?

investments
DIONNE K asked:


I want to make all my big purchases at the same time- house-car-personal investments all at the same time. I have about 100,000 saved and would like to borrow 300,000 to purchase my home, car and personal investment purchase make abou 58,000 a year but I figure the money could put me right where I need to be totally. Is ther any way I can achive this? I live in Indiana.

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