Where do I purchase Amero? Good investment?
I would not go into details about what Amero is since if you know the answer to my question you should probably already know what it is.Perhaps you could flamboyant on the cost of Amero in comparison the US$ and how it would be a appropriate investment.
Would Amero implementation as the North American Union currency be in the next 2 or 3 decades?
Do provide links if deem necessary.
Answers: You can't purchase an Amero, because it is solitary a hypothetical currency. See the 1st link.
However, you can buy phony novelty Ameros. See the 2nd join.
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I will give you my judgment.
The Amero will indeed be implemented as the currency for the North American Union. The plans are already taking place. They have started building the NAFTA super highway, a sure sign of what is coming.
I individually suspect the Union will occur inside 10 years.
I do not know anything about purchasing the Amero, since it is not a viable currency as of but.
There is a poll on whether the Amero should be introduced at http://www.ameroblog.blogspot.com I was suprised to see one and only 50% against it. We are definately moving towards a North American Union but I feel a Amero is still 5-6 years stale, but there are some cool individuality designs out there. Unless we see a central depression I don't think you will see the Amero for some time but I do reckon it will be a reality some daytime
What are some alternatives to 401Ks and IRAs?
My husband and I both have 401ks through work and are max-ing our contributions to those accounts. We also hold seperate Roth and Traditional IRA accounts and have made the max amount of contributions to those accounts contained by 2007. However, in 2008 our salary are going to be greater than the maximum allowable for the IRA accounts so we will not be able to contribute to any account. It be suggested that we open an annuity since in attendance are less take-home pay and contribution limitations but I don't know anything about annuities. What are some alternatives to the IRA accounts?Answers: I am not a great follower of annuities. But if you want to invest in annuities I would recommend low charge annuities at vanguard.com. Annuities sold by agents are usually high levy arrangements.
Even if you get a low-fee annuity at Vanguard.com, in that are other problems. Money withdrawn from annuities is tax deferred, but tax at ordinary rates, for me to be exact 35%. If you buy stocks or index funds outside an annuity, the tax rate on means gains is deferred until you deal in, and is only 15% for me. Dividends are tax immediately, put lone at 15%. Therefore, I find the taxes on annuities higher, if you are investing within stocks or index funds.
Vanguard also has a discussion of assorted ways to decrease taxes on investments here:
https://personal.vanguard.com/us/plannin...
I didn’t read contained by your question the apology why you are looking for a place to stash away money. If it is for current tax benefits…you are probably out of luck. However, if you are looking for a road to grow your money tax free, you will want to seriously consider a LIRP (Life Insurance Retirement Plan). Ask your financial advisor nearly them. They likely will own benefits above and beyond a standard annuity. Please do not buy an annuity.
The basic thought is that you buy a VUL life insurance plan, afterwards way over fund it.
The pluses, are that your money grows excise free until distribution, then it will be tax like an IRA. Choose plans that allow you to move your money as you see fit. KNOW YOUR LOADS AND FEES! These are expensive, but not nearly as expensive as paying taxes once a year on realized assets gains, dividends, etc. There can be some estate features, a great mode to pass on money. You can choose a plan that will allow you to choose tons mutual funds. Depending on the state, you will be able to protect assets held within life insurance much easier that assets outside of natural life insurance in the unlikely event of a lawsuit, or other legally recognized matters.
The minus, they are expensive.
Your financial advisor will own more info.
Carefully review the disability insurance policy you currently have. If its through your employer, probability are it may not be very honest.
You can purchase very EXCELLENT disability insurance that will cover and protect you against masses things that "normal" insurance programs don't. Be aware that the process of getting such insurance is lengthy, but it's capably worth it.
I consider this to be an "excellent" investment.
Also if you don't have an umbrella policy, seize one. They are very cheap, and they protect you against a great deal of stuff that probably won't happen, but if it does could drain your finances.
The aspiration here is to preserve your money (umbrella policy) and to guarantee some type of decent income for existence, should one or both of you become disabled before you retire.
Out of all the 401K accounts provided by Fidelity Investments, which are the best to invest in, long-term?
Answers: I'm not sure I understand the question. As far as I know, there's only one type of 401(k) account. Within that account, you can choose many different things to invest the money in. If you mean which of the Fidelity mutual funds is best to invest the 401(k) money in, then the answer to that would depend on how long you have until retirement and whether you can avoid the temptation to move the money out of stocks when the market falls.
For highest returns over the long-term, historically that has been stocks, with small company stocks doing slightly better than large companies and "value" stocks doing slightly better than "growth" stocks.
What I'd do with my 401k money, assuming I'm not retiring for at least 8-10 years, is put about 40% in a small-company stock fund, 40% in large-company stock funds, and 20% in international stock funds. That's more aggressive than most financial planners would probably recommend, but I'm willing to ride out the periodic collapses of stock prices (like we're seeing now) to get higher returns over the long run.
When it comes to long-term investing, I would cast my lot with low costs. Fidelity has the lowest cost index funds available to small investors. Their "spartan" index funds have no loads, no 12b-1 fees, and an annual expense ratio of 0.1%. Can't beat that. Simple pick an asset allocation that matches your needs, using a mix of their total stock market index fund, total international stock index fund, and total bond market index fund.
See chapters 19 and 23 of my free downloadable book for more info on costs and asset allocation: http://www.invest-for-retirement.com
Depends on what is offered in your plan and your age, among other things. The easiest "hands-off" choice is usually the target retirement date funds. You basically need exposure to (1) domestic stocks, (2) foreign stocks and (3) bonds. The best mix depends on your investment timeline.