Personal Finance Questions and Answers for Young Professionals » Savings http://moneyanswertree.com investing, money, credit card debt, 401k, roth ira, credit cards, make money, personal finance, savings, retirement planning, free money, roth ira contribution, financial advice, free financial advice, online financial advice, savings account, money market, roth ira rules Thu, 20 Jan 2011 14:34:26 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 A Financial Primer for Gen Y http://moneyanswertree.com/archives/194/a-financial-primer-for-gen-y/ http://moneyanswertree.com/archives/194/a-financial-primer-for-gen-y/#comments Tue, 19 Aug 2008 19:03:25 +0000 CraigTS http://moneyanswertree.com/archives/194/a-financial-primer-for-gen-y/  http://features.us.reuters.com/personalfinance/news/N13484347.html

]]> http://moneyanswertree.com/archives/194/a-financial-primer-for-gen-y/feed/ 1 Where is the safest place to invest your money in a recession? http://moneyanswertree.com/archives/193/where-is-the-safest-place-to-invest-your-money-in-a-recession/ http://moneyanswertree.com/archives/193/where-is-the-safest-place-to-invest-your-money-in-a-recession/#comments Tue, 19 Aug 2008 17:43:10 +0000 pbucelwicz http://moneyanswertree.com/archives/193/where-is-the-safest-place-to-invest-your-money-in-a-recession/ 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?

]]> http://moneyanswertree.com/archives/193/where-is-the-safest-place-to-invest-your-money-in-a-recession/feed/ 4 Short-term high yield CD? http://moneyanswertree.com/archives/52/short-term-high-yield-cd/ http://moneyanswertree.com/archives/52/short-term-high-yield-cd/#comments Wed, 16 Jan 2008 17:19:33 +0000 ccastracane http://moneyanswertree.com/archives/52/short-term-high-yield-cd/ 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!

]]> http://moneyanswertree.com/archives/52/short-term-high-yield-cd/feed/ 12