Tagged Questions

4
votes
4answers
152 views

Multiple accounts stagnant after quitting job.

So I made the move to quit my job of over 10 years a few months back and have never been happier. My one problem is that I now have some accounts that I feel that I could be doing more with. I had ...
2
votes
3answers
308 views

I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do?

Basically I'm tired of money just sitting there doing nothing. Is it wise to open a savings account with my bank (Chase)? Should I take it elsewhere? Should I get into stocks? Do I even have enough? ...
6
votes
2answers
460 views

CD interest rate US vs abroad, is there a catch?

I was in Ukraine and ran into a few banks that offer anywhere from 5% to 10% interest rate on investment per annum. For example, Erste Bank is willing to pay 5,75% on 12 months deposit. I have few ...
6
votes
3answers
285 views

Should we invest some of our savings to protect against inflation?

My wife and I are in our early 30s. Our gross combined income is about $125,000/year, and our rent is ~$2,500/month (we live in San Francisco). We have no debt, and we have about $85k saved up in a ...
4
votes
4answers
197 views

Paying loan more than the monthly limit vs keeping the extra in a bank or investment

I have a student loan (9% interest rate) which I have to pay within the next two year. Since I have a secure job I know I will finish paying within two years even with the minimum monthly payment. ...
4
votes
2answers
412 views

Where should I invest my savings?

I am 29 year old living in USA, married and expecting first child this summer. We are debt free and both have stable jobs. I have a side business earning me about $30K net income a year. We have about ...
18
votes
3answers
408 views

Abundance of Cash - What should I do?

There seems to be a glut of information and I don't know where to start. My situation is: No debt/kids Own Home and Vehicles Have a years worth of living expenses in my savings/checking Max out ...
3
votes
1answer
93 views

Better rate for investment between CD or savings

I have been considering either renewing my CD (Certificate of Deposit) from my local Credit Union which is at 1.35% APR (1.3591 %) dividend rate (monthly compounded) for one year. I recently noticed ...
3
votes
3answers
232 views

Financial Advice for Newlyweds

My wife and I are newlyweds, and we are fortunate enough to have little debt and respectable incomes - since StackExchange is neither anonymous or private I won't disclose the real numbers, but I can ...
15
votes
5answers
605 views

Where should my money go next: savings, investments, retirement, or my mortgage?

I am a little unsure where to put my money at this point in my life. I have followed all the basic advice on what to do with your money and now I am at a point where I just don't know what to do ...
4
votes
3answers
138 views

Automatic investments for cheap

I'm looking for a way to do automatic investments (say to put $100 every month into an index fund). I use Sharebuilder for my regular investments, but it looks like they charge $4 per transaction for ...
2
votes
2answers
175 views

what are the monthy investment options i have that has good return value in India?

Like the title says, what are the investment options I have if I need to investment monthly from a part of my salary on regular basis. The parameters I am looking for are; Good percentage of ...
10
votes
6answers
431 views

What should I do with my $10K windfall, given these options?

Let's say you get a $10k windfall. How do you determine what is the best thing to spend it on? We need a new roof. Our mortgage is moderately underwater but not in bad shape and we are content where ...
3
votes
1answer
57 views

Moving money to the UK and investing

Because of the financial status of a certain European country (euro member) - I'm afraid of loosing money in case of a default, so I'm looking into options of moving family money to the UK, where I ...
11
votes
2answers
233 views

Where should I store some cash that I need to be somewhat liquid?

I've got under $10,000 that I want to put somewhere more awesome than my no interest checking account. So far American Express Personal Savings at 1.15% APY is sounding nice. I can transfer out of it ...
5
votes
5answers
344 views

For the first time in my life, I'm going to be making real money…what should I do with it?

So I'm a college junior taking on my first actual paying internship this summer. I'll be making between $3000-$5000 a month. I know NOTHING about investing money, or what I should do with money ...
3
votes
2answers
198 views

How can I determine which is right for me, RRSP or TFSA, if any at all?

I'm 22 years old, and currently dumping all my money into my general savings account. I'd like to take this further but I'm not sure where to go with this. What type of savings account should I get ...
7
votes
6answers
549 views

My investment account is increasingly and significantly underperforming vs. the S&P 500. What should I do?

I have an investment account, opened in my name by my father years ago that I just discovered 4 months ago. It has actually been doing decently well in the last 4 months since I discovered it. I ...
1
vote
2answers
95 views

Is it possible to estimate individual rate of inflation for a person as against the avg inflation rate for that country?

Even though normally we all use a specified inflation rate per country for financial calculations (i.e real returns, salary increases, etc..) isn't it possible for the inflation rate to have different ...
7
votes
6answers
519 views

Are investment companies safe for investing a large sum of money?

I'm a computer programmer who got in early it a successful internet company. My business is entering a transition period and I'm not sure if I'll be making the same income for much longer. I'd say I ...
3
votes
1answer
2k views

I have not yet invested into a TFSA - how much can I invest in 2011?

I have not yet created a TFSA, nor invested anything in it. I am looking to put some money in in 2011, what will my cap be?
4
votes
2answers
136 views

Most effective financial New Year's resolutions for saving or investing?

It's a little early, but what financial resolutions have had a major positive result on your bottom line after one year? I'm thinking of going lightly into treasury bills next year. Never mind the ...
7
votes
6answers
464 views

Is my company 401k okay or should I be using an IRA?

My company does not have a matching 401k. Instead it is a profit sharing 401k. How should I approach this? Should I consider investing primarily in an IRA instead? How much should I be ...
14
votes
3answers
255 views

Are peer-to-peer loans viable options for savings/investing?

Now that peer-to-peer sites like Lending Club and Prosper have matured are they viable options to add to my savings/investment portfolio or should I only use them with extra cash?
80
votes
11answers
10k views

Best way to start investing, for a young person just starting their career?

I am young, just started my career, and looking to begin investing so I can make my money work for me. I'm still living like I did in college (occasional purchase on myself, but most of it goes into ...