General | Personal Finance Questions and Answers for Young Professionals

How hard is your money working?

19. September 2009

I thought it would be interesting to share how I’ve been milking free money so far this year. Every little bit helps and you can see how all the interest and cash back add up. Here’s a list of my effortless income/savings on the side. Bank Name Type Amount Notes Ally Bank Interest $198.29 MMA and Savings Citi Bank Shell Gas Rebates $295.37 5% cash back on [...]

401K Plan Question

19. February 2009

2 Comments

The company my spouse works for has their 401K set up like this: 50% up to 4% of your salary, after 2 years of service they will contribute 20% on anything over the 4%, 3 years $40, 4 years 60% 5 years 80% and 6 years and over 100%. Is this legal? It doesn’t make [...]

Think its a good time to Dollar-Cost Average?

31. October 2008

7 Comments

The markets have dropped about 40% since I made most of my initial investments. Think its a good idea to double up my investments now to cut my Dollar-Cost Average in half almost? With the prices so low I feel like I shouldn’t miss this opportunity. Or am I just being greedy and should put my [...]

Fed joins 5 central banks – cuts 1/2 point and cites ‘intensification’ of crisis.

8. October 2008

0 Comments

NEW YORK (CNNMoney.com) -- The Federal Reserve, working in coordination with other central banks worldwide, enacted an emergency interest rate cut on Wednesday. The Fed lowered its fed funds rate by half of a percentage point to 1.5%. The central bank's statement said the move was necessary because of the worsening crisis in global financial markets. "The recent intensification of the financial crisis has augmented the downside risks to growth and thus has diminished further the upside risks to price stability," the Fed said.

Obama or McCain: Who’s The Better Choice For Young America

16. September 2008

0 Comments

I was talking to one of my peers recently about the candidates for president this year and which one he thought would be the better choice as a young professional. Here is what he said: me: Why is Obama a better choice as a young professional? Jared: Because he understands young people. This is evidenced by the [...]

never independently invested

24. July 2008

2 Comments

I’ve never invested on my own, and I am not familiar on how things work. I am wondering what would happen if I were to invest in say wamu, and they were to get bought out. Would my shares just get bought out also, or would it depend on if the new owners/ management planned [...]

What do people want to read more of?

24. March 2008

2 Comments

Are people more interested in reading about investing and market news? Or are people more interested in financial advice and tips? The recent activity on the site is more about investments and certain stocks. That seems to be the most popular so far. What are the readers interested in?

solution for the housing crisis

20. March 2008

11 Comments

So right now there are a ton of houses out there that are actually worth less than the debt that people owe on them. Since lenders arnt seeming to restructure the mortgages, why wouldn’t people default on their loans if they are expected to pay back more than the house is worth. Possible solution: Since the choice [...]

Is the crisis over or has it just begun?

19. March 2008

11 Comments

Although, for some of you, the crisis never happened right? Everything has been hunky dory, no reason to panic. Well, I’d like to talk to the other people, the one’s who at least listened to reason and fact. So we had/have a credit crisis. So the fear of the crisis was that due to the intermingling [...]

Tax-Efficient Funds

11. March 2008

2 Comments

I have just finished my taxes and lucky for me I did not have to pay any capital gains taxes on my mutual fund investments. The funds that I have selected charge very low upfront fees and minimize their turnover. To be honest one of my colleagues schooled me on mutual fund investing about 2 [...]

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Personal Finance Questions and Answers for Young Professionals

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How hard is your money working?

401K Plan Question

Think its a good time to Dollar-Cost Average?

Fed joins 5 central banks – cuts 1/2 point and cites ‘intensification’ of crisis.

Obama or McCain: Who’s The Better Choice For Young America

never independently invested

What do people want to read more of?

solution for the housing crisis

Is the crisis over or has it just begun?

Tax-Efficient Funds

What I'm Doing...

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