Business & Finance - 25 July 2006

I have a debate going with my boyfriend:
How much should I put in my 401k?
The minimum to get my employer to match my investment or the maximum allowed?

I'm 24 years old, I dont really have major "bills" (cell phone, car insurance, and $200 rent) and I live pretty well off of what I make ($25,000 not alot but once again I dont have a high cost of living and I just graduated college a few months ago)

1. My boyfriend says I should only put in what my employer will match and invest the rest on my own (he is 28 years old and has $33,000 in his 401k)

2. My parents say I should put the maximum in allowed, because it is pre tax and I should start a habit of putting it away now so that way I will never miss that income (I wont get used to money and then decide to start investing and have to cut back in other areas) (my dad has over a million in one 401k account)




Any advice?

2006-07-25 17:10:43 · 16 answers · asked by Astrid Beau Bega Belda Calixte 2 in Investing

(State of Florida, Country of USA)

2006-07-25 17:06:42 · 8 answers · asked by Jylsamynne 5 in United States

Why are we forced to pay thousands of dollars for schooling? It doesn't make any sense. All it does is make it harder for low and middle class people to go through schooling and get nice paying jobs. This is my idea:
Eliminate colleges completely. A person goes to an interview for the job they want. The employer gives them a simple questionnaire (name, nationality, etc), coupled with a test on basic skills required for the job. If the employer wants, they could also do an in-person interview. People who perform at a certain level or higher would be put through a free class given by the company. At the end of the classes, the job-hopefuls would be given a test. People who scored good enough would be accepted and given the job.
Various tweaks could be made to this theory without ruining the concept...
So what do you think? What would you change about my idea? Constructive criticism accepted.

2006-07-25 17:03:04 · 12 answers · asked by BK Randy 3 in Careers & Employment

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2006-07-25 17:00:46 · 14 answers · asked by wardancer 3 in Other - Business & Finance

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2006-07-25 16:48:06 · 11 answers · asked by aanstalokaniskiodov_nikolai 5 in Other - Business & Finance

I purchased a home in CA, near the SF Bay Area. I purchased in May 05. It appears the home may be losing value. I could sell and move-out (I have a traveling job) to another lower-cost home I have.

What do you think? Will the market pick-up in 8-12 months?

If I sell now, I may take a loss.

Any advice appreciated.

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I purchased a home in CA, near the SF Bay Area. I purchased in May 05. It appears the home may be losing value. I could sell and move-out (I have a traveling job) to another lower-cost home I have.

What do you think? Will the market pick-up in 8-12 months?

If I sell now, I may take a loss.

Any advice appreciated.

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I don't understand, I aced the group interview & one to one interview and yet my results vary at the 3rd rd after... What exactly do they look for?

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Especialy the business can make fast cash.

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2006-07-25 16:08:05 · 3 answers · asked by Anonymous in Careers & Employment