Business & Finance - 6 September 2007

I have a 401k from my former employment. My CPA says to turn into a traditional IRA and then over to a Roth IRA for tax benefits eventually. He suggest investing in a very low risk A bonds and 25% low risk stock.

His reasoning is we are only taxed now on the lower end of balance, but later as it grows will be beneficial to us then.

I am 52. I plan on using the funds after 59.5 yrs.

1. Is there always a fee connected with rolling over into an IRA -- bank, cpa, etc.

2. Does this sound like a wise?

I am very conservative in my finances.

2007-09-06 23:59:43 · 4 answers · asked by 1whowants2know 2 in Personal Finance

Ok, I have lost lodgment slips from the bank! I need these hard copies to prove that the cheques are actually lodged.

What the hell will I do?

I doubt the bank can issue these as they need to stamp it with the date!

Anyone have a solution?

2007-09-06 23:55:12 · 9 answers · asked by Anonymous in Other - Business & Finance

Can you help me with SWOT analysis of Indian Heavy Electrical Equipment Industry? Please refer me an expert if you know any.
Thanks a lot!

2007-09-06 23:42:25 · 2 answers · asked by Saurav Arya 2 in Other - Business & Finance

hi, does anyone know what is going on with bush's plan for people going through foreclosure/shortsale this year?

what's your forecast...? will 1099c not be sent? what's the scoop?

i might be faced with both this year and worried what is to happen...

2007-09-06 22:57:11 · 2 answers · asked by h 2 in United States

2007-09-06 22:26:09 · 9 answers · asked by sshashis 1 in Other - Taxes

2007-09-06 22:16:43 · 2 answers · asked by Sonia 1 in United States

2007-09-06 21:35:05 · 15 answers · asked by Anonymous in Administrative and Office Support

2007-09-06 20:28:35 · 7 answers · asked by needs some help 1 in Renting & Real Estate

I have an interview next week for being a busperson/dishwasher and I was wondering what does it entail and does it pay like waiters/tresses get paid ($3 an hr) or would it be a more practical wage?

2007-09-06 20:12:42 · 2 answers · asked by Anonymous in Food Service

2007-09-06 20:12:31 · 1 answers · asked by arbie neil a 1 in Philippines

I'm just shy of 28 years old and I'm considering giving up my career (currently working in Germany and making over $100K a year) to move back to my small town in Kansas to be with my family. My stepfather has brain cancer and the doctors only gave him a year to live. I'm considering moving back which will more than likely end my career in communications as there aren't really any jobs back home, but my family is VERY important to me.

I'm going to go ahead and move back and figure something out, but I just want to know what you would do in my situation.

2007-09-06 19:50:13 · 20 answers · asked by Anonymous in Law & Legal

I am investing for the long term (i.e. 30+ years) and want to know what people think is the best allocation of TSP funds for now and/or for the long haul.

Right now I put %50 in the C fund, %25 in S, and %25 in I. Obviously I'm willing to be aggressive but I'm also not averse to switching things around every now and then if it's going to help me.

For those not familiar with the TSP:

C Fund = Large US companies (S&P 500)
S Fund = Medium and small US companies (Wilshire 1500)
I Fund = International Companies (Europe and Japan mostly)

2007-09-06 19:40:23 · 2 answers · asked by John S 2 in Investing

2007-09-06 19:35:48 · 3 answers · asked by alex m 2 in Investing

I would like to buy a watch from the US via ebay, which costs 70 pounds. How much will i have to pay in total to customs? And how will it be done ...i.e. will the post office contact me?

2007-09-06 19:26:20 · 4 answers · asked by Nirmala 4 in United Kingdom

right now copper is trading aound 297 on MCX
life high 347
life low 260

I received an article saying that actuall copper prices are far lower then the price at which it is trading in mcx

the article said smelters are enjoying huge profit and copper prices will fall to 250 levels on mcx and evn 160

what's your view on this,,>??
this article has scared me as i am holding 2 lots that i bought at 305

2007-09-06 19:25:16 · 5 answers · asked by ankush 2 in Investing

What is wrong with my auction on my onyx sculptures.I am doing pretty good on my leather but not on my onyx.here is the link .please criticise.Picture ,discription,product etc.http://cgi.ebay.com/REARING-HORSE-onyx-stone-carving_W0QQitemZ320154376335QQihZ011QQcategoryZ36025QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

2007-09-06 19:24:21 · 1 answers · asked by J's leather emporium 3 in Small Business

I was calculating... i am 18... starting college maybe in january... If i get a job now, i can probably make around 1500 or so , working 11 hours a day for 5 days a week... low wage... .. and i was wondering... this is nothing a year... and i am not a very smart person, i doubt i will last in college, so can you guys cheer me up and tell me if i am missing something? because ill be working so much but making hardly anything.. I need some advice.. Please... thanks

2007-09-06 19:18:54 · 4 answers · asked by Anonymous in Other - Careers & Employment

This can be for globally or For Asian countries.

2007-09-06 19:18:23 · 1 answers · asked by Anonymous in Other - Business & Finance

=) Would you?

2007-09-06 19:02:44 · 4 answers · asked by justmyinput 5 in Personal Finance

Consider the following scenario:
A person has contributed to his company discounted share purchase program over years (post tax dollars). He moved 1000 accumulated shares to his brokerage account and now is planning to sell the shares. The brokerage account shows a cost basis of the share price at the time of the transfer.
What is used as the cost basis while calculating the capital gains tax? Please note that the 1000 shares were accumulated over many years with much volatility in the market (hence difficult to calculate cost basis).

2007-09-06 18:52:49 · 6 answers · asked by nycbong1970 1 in United States

Does the SOL apply to the resident state or the state the creditor is in?

2007-09-06 18:51:25 · 3 answers · asked by DOOL64 1 in Personal Finance

2007-09-06 18:34:23 · 1 answers · asked by sanders113 1 in Personal Finance

When I was 17 years old min wage was $3.35 in Oklahoma.Now it is around $6.00. I am 44 now.It needs to be at least $10 a hour to survive.How can we change things ?

2007-09-06 18:32:10 · 5 answers · asked by cat 1 in Other - Business & Finance

i would like to propose the idea of getting uniforms for my job to my boss. i am a maintenace technition and i dont like to get my own clothes dirty. What are some good points for getting company uniforms?

2007-09-06 18:30:59 · 3 answers · asked by mm81084 2 in Other - Advertising & Marketing

2007-09-06 18:27:45 · 6 answers · asked by Deep 2 in Personal Finance

I am of need of a loan i have been on prosper. I really need some suggestions i am of need reall bad i just started my 2nd job today .Seerious answers only

2007-09-06 18:26:49 · 4 answers · asked by dee d 3 in Credit

i received a call from my credit card center and said that they believe that there was an unauthorized charge on my card and they would help me to close the account and credit back to me...that chard was made on 8/15 and they called me on the 16 so how do they know that that chare was not made by me? Also i believe that my information got stolen, so what's the next step that i can do to protect myself?
thanks

2007-09-06 18:26:47 · 4 answers · asked by bb 1 in Credit

2007-09-06 18:21:30 · 4 answers · asked by cgcrnc 1 in Other - Careers & Employment

young lady trying to get her credit straight and get on the right track. Want to know if the people that say they can get your credit straight- does it really work? And how do you know that you aren't getting scammed.

2007-09-06 18:14:15 · 5 answers · asked by T W 1 in Credit

I already have AT&T Internet but I'm having problems with my bills and well they cut my internet and phone and i'm working out to pay the bill but mean while i need internet so my question is if i can get another AT&T contract with another person but in the same house for example my cousin, but could there be a problem because it involves the same house??

2007-09-06 18:07:30 · 2 answers · asked by Alucard C 2 in Personal Finance