What is the advantages and disadvantages of reserves?
can you give the links to some perfect websites?Thanks
Answers: go to this site:
http://finance.yahoo.com/banking-budgeti...
they hold good reading info
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The disadvantages first,hoard appear miniscule when prices go up,and everything become costly.But they are great if you get upright interest when inflation and realty prices dont increase.
What should I do beside money.?
I posted this before and get alot of respones on what I should BUY. I am NOT looking to buy, but to SAVE/INVEST.I'm getting money back from a career I was at. the communication said i could have lolly or transfer it to similar to an IRA.
I have a really apposite savings, I return with in intrest of in the order of 110.00 a month in my money. I am paying alot on a house in June so I can't really appropriate my savings out right in a minute. BUT i'm worried what should I do with the money i'm getting fund from the $$ i'm getting back from have a termated employement, it was invested contained by stocks. It should be 3,000. I was thinking IRA?
Where do i dance to find out info? AH What do i do!?!?
I'm 24 and a huge saver so i'm thinking more what to do next to money earned after this also. Thanks!
I'm not a huge lover of stocks so I would like to know what else I can do other next stocks? What should I do with the money returned? Thanks
Answers: I'm afraid I enjoy no links for you right now, but I do hold some advice for you: This is a awfully bad time to invest within anything commercial. Our market runs within a cycle of about 7-8 years, 2-3 years is gloomy, and the other 5-7 is positive. We are about to traverse into the cynical portion of that cycle.
Right now it would be learned to invest in affairs of state bonds -- not US savings bonds, as the interest on those are a set-up, but rather municipal bonds.
An IRA is a amazingly good belief and I recommend it highly. Remember though, that an IRA is solely a capsule for abiding, and that what goes inside it can be invested however you please. Put your funds into that IRA and consent to your financial planner know you want conservative allocation, such as a bond fund -- this will get your investment into the bonds I mentioned quicker.
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you already have your answer..go and get an IRA
that way you are setting aside funds for when you retire
you can also do CD's but interest rates presently days varies; but if you do CD's later get 3 and stepladder them
1 (a) 1yr
1 (a) 3yr
1 (a) 5yr
and see if they can be bumped at least once a year
or anything interval you are comfortable with
I would roll it over to an IRA. You want to enjoy the trustees directly roll the money over, so that no money is withheld for taxes. I like Vanguard.com, although others may similar to other companies. You can put it in the Vanguard Prime Money Market Fund, which is a protected investment. Later, you can switch into their stock mutual funds if you like. They hold a lot of low expense funds. See the links.
https://personal.vanguard.com/us/account...
https://personal.vanguard.com/us/FundsSn...
I am assuming you enjoy no debts because the first thing would be to earnings on any outstanding debts you have that are charging you interest. It make no sense to get 5% interest if you are paying 12% if you know what I connote. How is your wedding one funded? Again if you are paying interest on credit cards or whatever, settle up cash. You will be better competent to negotiate costs by paying cash. Yes an IRA is a great long residence investment but you may only be capable of put a certain amount into funding it so look at that. There's nil wrong with index funds or mutual funds but you own to invest in what's right for you. Why not give somebody a lift some classes which will make right use of your $3,000 and also provide educational duty write offs for next year? Spending the money doesn't produce sense unless it's something you truly need and afterwards spending is wiser than investing. Pay on your home, car, marriage ceremony, credit cards, or whatever. There's nil like a debt free lifestyle.
My 2002 chvy cavalier is salaried for but i still owe 2,401.00 for behind schedule fees?
they say they sent a communiqu¨¦ telling us this, which they didnt, and very soon have a few days to salary the late fees or they will come hold the car, i call for help..im not sure what to do, i dont hold that amount laying around,, i tried to trademark a payment and they refuse it.Answers: They do have the right to reject a partial payment,although seeing that the vehicle is very soon 6 years old,its scarcely worth more than what you owe.call them and see if you can work out a compensation plan,DONOT ignore them,they WILL pinch your vehicle.And for future quotation,until you have the actual vehicle title surrounded by your hands,and the bank/finance co have signed off on it,its not compensated off.Late fees are tack on to the outstanding balance,you still owe them and the debt is still live until compensated in full.
if you still owe unsettled fee's then the sports car is not paid for.
Call the company and ask them if you can work out a contribution plan with them to bring you current.
your sports car is not paid for if you haven't salaried the late fees. i'm sure you be aware that the payments were behind schedule, did you think they weren't going to charge you slow fees? i suggest you try scaping as much $$ together as you can and offer to settle the amount for smaller number. don't send them anything unless they distribute you a settlement offer surrounded by writing. in the adjectives, pay your bills on the dot and it won't be an issue