How much money to give for a christining?
Answers: give what u can !
I would give $ 50 - $ 500 depending on my relationship to the child .
Math extra credit - Mortgage?
You need to borrow 300,000 dollars from the hillA 30 year mortgage at 5.9%
A 15 year mortgage at 5.5%
You are 24 years old and want to retire by age 60. Your financial investment counselor offer you a retirement fund that allows you to invest money pretax in a mutual fund that averages 10.75% year compounded monthly. Analyze the 2 option to see which is the better option for have the maximum amount of money for retirement. The amount of money you have to work beside each month is equivalent to the mortgage return amount on the 15 year mortgage.
I already got the salary for the 30 year and 15 year mortgage but idk how to solve "Amount you can invest (pretax)" what does that mean and how do u solve it?
Answers: It sounds similar to you have to solve two problems. The amount of available money is equal to the wage on the 15 year mortgage, so effectively for the first 15 years you will be investing nothing, but investing the full amount after 15 years from age 39 to age 60, so you will need to solve the equation to determine how much that picking will have accumulate by age 60.
The second calculation to solve assumes that you start investing presently the difference in the payments between the 15 year mortgage and the 30 year mortgage contained by the fund. Then in 30 years you start investing the entire amount from age 54 to age 60.
Whichever have the larger amount accumulated by age 60 is the better choice.
Good Luck
Financial counsel anyone?
I bank near Navy Federal Credit Union, whos MMSA APY rate is at 3.91%. I'm considering transfering my money to AMTrust Direct whose APY rate is at 4.506% (4.6%) interest but am not sure if it is such a good model considering it sounds too good to be true. I know the answer seem common sense but be looking for advice from someone near extensive financial experience to further aid my decision. My put somebody through the mill is should I transfer my money to them, and if what should I do with my money? I hold near 50 regal in the hill and I am not that good within handeling money.http://www.navyfcu.org/rates/mmsa-frames...
http://www.amtrustdirect.com/emoneymarke...
Answers: Here is the site I use to compare money markets and CDs:
http://www.bankrate.com
You should try that and see if you're really getting the best accord for comparable products.
At $50K you may want to start thinking about investing within something other than MM or disc anyway. Perhaps it's time for you to set up a monthly automatic investing plan at Vanguard in one of their noload (low-fee) index funds approaching the S&P 500 or total market index funds.
newly be sure with the AMtrust that your money will be contained by a demand side, which means you can draw money out whenever you necessitate it. Lots of times when a bank advertise an unrealitically high let go its because your money will be tied up in a qualification of deposit which means you cannot annul money until the certifciate matures or you own to pay a cost to withdraw your own money.
50k is deeply to leave surrounded by a bank, the market are down and may be going down further on fears of a recession but investing in mutual funds or an etf approaching the spider 500 fund(spy) is a great way to diversify. Also you can other talk to a professional...i used to work at Smith Barney and they seem to be to be very correct.
I found a great place for free information http://www.makeawishonline.net
"previous performance does not guarantee adjectives results"
"people can and do loose money"
Your money is probably far safer near the CU.
But...
I recently begin working with Stephens Inc (you could find a pious brokerage house near you) and am wish I would have started sooner.
50k is not a small amount of money and its worth paying someone to aid you make it grow.
i be getting 7 to 9% on some of the money Ive had next to them lately...since...middle of '06.
Try Etrade, they offer 5.05%, and its solution.