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A Financial Primer for Gen Y
Asked by CraigTS on August 19, 2008
http://features.us.reuters.com/personalfinance/news/N13484347.html
Popularity: 13% [?]
Categories: Off Topic, Personal Finance, Retirement, Savings, Trading
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Where is the safest place to invest your money in a recession?
Asked by pbucelwicz on August 19, 2008
Simple question right? I am not watching the market everyday trying to time it. I’m an average young professional looking for long term growth. Currently I am investing in my tax deferred 401k at my company, my Roth IRA, Brokerage account, and MMA.
Within these accounts is there a sector which would protect what I currently have for a while? Foreign, Bonds, MMA etc. Saving my money in my MMA is almost a wash with the rate of inflation. I am getting about 4% APY, and inflation seems higher than that. My funds in my IRA, and 401k have gone down about 15-20%. Do I just sit tight and hope for a rebound? or do I move into safer funds for the time being?
Popularity: 14% [?]
Categories: Mutual Funds, Personal Finance, Savings, Stocks
Short-term high yield CD?
Asked by ccastracane on January 16, 2008
I’m looking for a short-term (~4 month) high yield CD. My current CD with Bank of America will mature in a few days and it had a 5.45% APY… I can renew this CD at 4.80% APY but am wondering if anyone knows of a better one!Thanks!
Popularity: 36% [?]
Categories: Savings
