Personal Finance Questions and Answers

Show me the money!?

I'm working not earning doomed to failure money but sooner or later I'm thinking a ski season is where on earth its at. At the mo my bank stability is minus lb3000. The plan is by October 09 to have lb50000 within the account. I earn circa lb25k a year which covers living - anyone get any grand money making plans to help out me hit my targets? Property be the plan but that seems to of gone pearshaped in a minute


Answers: I have a cog time business which I run from home, which if you started immediately beside my help, could gain you close to earning lb50,000 per annum by Oct 09 and might even procure you that figure into your hill account.
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Should I lower my current 401k deductions while the market is not doing well or just ride it out?




Answers: Well its probably a 201K by now. You're supposed to dolalr cost average, which means to keep investing at cheaper levels, then youg et a bigger pop. tba
No, dollar cost averaging reduces your risk.

I would increase 401K deductions while the market is down.

Buy low, sell high, remember...
If anything you should raise your contribution! People don't understand the concept "buy low sell high". But putting more money in while the market is low your lowering your cost basis for the shares. If you buying in while the market is going up your increasing your cost basis. The market will come back. Now is the time you should be investing as much as possible. If you don't need the money for 2 years I would buy whatever I can.

Should i break through the soaring impact chalice?

Should i break through the high impact chalice, kill the guard, and excape?


Answers: "High impact" suggests that you can't break through it. So you will merely end up looking close to an idiot once you throw yourself full-force at the glass and bounce rotten, and then the guard will come overwhelm the crap out of you.

The fact that this is written on runeye.com I'm 99% sure you are lying and I don't know why I bothered to write this out anyway.
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