Personal Finance Questions and Answers

Bond and disc Interest Question?

I have $50,000 within bonds that pay 12% semi-annually. I also enjoy a 5 year, $30,000 CD at a rate of 8% simple interest. What is my monthly income for respectively?


Answers: bonds are bringing in going on for 6k a year or 500 a month but you will only see the check every 6 months

cd is 2400 a year but likelihood are they are paid quarterly -- at 600 == bottom file your would have a total income per month for both 8400 by 12 = $700.00!
There is no constrain therefore it dosent exist

cupcakes

Should a person kick a boyfriend to the curb if he works hard but don't have a 401K at 53?




Answers: I thought it was bad when my husband just opened up his own retirement fund (he is 31). He does have an annuity, but it doesn't go up very fast and he doesn't contribute to it.

I would make it known that you aren't going to support him when he retires. Tell him that it isn't hard to open up a Roth and it will help in the future..
No.
Who is to say that he was not taught the proper ways to save his money. She should see a hard working man and teach him the proper ways to save money. To tell the truth a 401K is real not that great and Roth IRA is much better. Now if his employer maths his 401K then his should put money in it. I have a 401K but most of my money is in a IRA. I would rather get taxed and the little money I have now then the large amount at retirement when I really need my money.
No!
ok this is the deal, having a 401k is important in the future but not all jobs offer them, maybe you could look into some private investment opportunities they work just as well, but to answer your question, id rather live dirt poor and in love than rich and alone. love is more important
Why not help him set it up? Besides, 401K is through his employer, he has no choice in that! It's not too late for him to set up retirement. If he could put $100 a month into an interest bearing account (stocks, bonds or interest savings) he could still save a nice chunk. It's not too late! For instance, if he put $100 a month into an interest bearing account at 5% interest then in 10 years he'd have $15.848.14 saved. In 20 years that would grow to $41,663.10. If he went with a good financial advisor to help him safely invest in stocks for a higher interest rate, say at an average return of 8% then in 20 years, contributing $100 a month he'd have $59,307.51 saved. Not too bad when you put it in perspective!
that's silly(a)!
Let him go! so he can find someone who cares about him , not his bank account . How selfish can a woman get.
not if you love him, but you both need to get a roth IRA or something to take care of you in retirement.
Absolutely! He has a lot of nerve working hard and not having a 401K! I can't believe you've stayed with him this long. Doesn't he have any morals? Standards? Not only should you dump him, you should also report him to the greedy-money-grubbing-girlfriend support group so no one else like you is fooled by his other less important qualities such as integrity honesty and work ethic.

Where did my money travel??

I just go to the bank to deposit my check which be $600.00, I keep track of EVERYTHING within my bank register book. I have down that BEFORE I deposited my check I should have have $450 in the dune, so then after my check I should enjoy had just about $1100 in within, well, When the bank clerk gave me spinal column my recepit it said that I was -$34.00 and that I have overdrawn! So I asked for a print out and had the desk clerk match the print out transcation beside my record book, everything matched EXCEPT that I forgot to write down my phone bill of $115, so i inherent that, but still where did the other $400 be in motion?? They try to act similar to it was my reprimand. But they have no proof. Can someone from the sandbank be stealing my money or possibly just be making a mistake??


Answers: It is entirely possible for the ridge to make a mistake. After adjectives, they are only human, too. You will probably enjoy to talk to someone at the mound that is above the teller. Take your last ridge statement, your checkbook and register, and any information they gave you on the recent transactions. They should know how to straighten everything out.
This is awful. You need to sit down next to someone from the bank and shift over all transactions on yur explanation. If the bank turn down this, I know what to advise someone surrounded by the UK, but I gather you're a US citizen, so can't push for on that. But it is wrong, and your bank have a duty to investigate this with you, surrounded by my opinion. apt luck

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