Money investment?
Hi, I have some money within the bank that have only 1% interest rate. Are in attendance any good investment out in attendance to increase the value of the money? I don't know how to do stocks, but any other option that play save and don't require too much time? ThanksAnswers: If you are contained by the USA, you can buy some I Series Savings Bonds.
There are saving accounts earn around 4% to 4.13% on the internet (etrade is one of them). Mutual funds is a good start. It depends on your risk tolerance. If you can tolerate elevated risk than there are what are call stock index funds or if you don't like like mad of risk there are U.S. bond funds and money bazaar mutual funds. You can earn more money in most mutual funds over time than a reserves account.
Question: is how much risk can you tolerate?
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How do I start to record for bankrupcy. I owe more or less 20,000?
I don't own much. Just my car and electronics at home?About how much would it cost also?
Answers: Your first step should be to see an attorney, and different attorneys charge different amounts. I be in your situation in the order of a year and a half ago. Make sure you see an attorney who handle bankruptcy on a regular reason. If it is an absolute second resort, you won't regret it. I don't.
attorneys speciliazing in that grazing land sometimes offer initial
consulation free of charge. i would reckon legal fees would
probably be within the hundreds of dollars plus a filing levy.
you can contact an attorney referal service in your city..
It would cost you the subsequent 10 years of being competent to get a loan, a house, or an apartment.
Go to Barnes & Noble, and read "The Total Money Makeover" by Dave Ramsey. You'll seize plenty of advice from that book.
What's the least amount of money a married cple would need to retire at 61 yrs old with expenses of $75K per
Answers: Drawing no more than 6% percent income a year a retirement of 1.25 million would be sufficient. In your retirement years you DON'T want to draw more the 5% or 6% of your income because you most likely run out of money before you pass. This is called superannuitization (outliving your money).