Personal Finance - January 2007

What I want is this:

I wish to retire early, therefore I am willing to save up AS MUCH AS I CAN. E.g., even €2,000 per month. (whereas I seem to understand an IRA only allows a maximum amount of €4,000 YEARLY.) Without the thief issue, I could easily do this by storing cash in my home, you know? I don't want that account to be blocked so that I can't take money out of it for years. I'd simply like to put an average of €20,000 per year into it, and have it grow with interest as much as possible throughout the years. There has to be a solution that suits this basically simple intention. What is the best account for me to get and where? Be specific if possible. Thanks!

2007-01-12 21:57:53 · 2 answers · asked by Anonymous

2007-01-12 21:31:23 · 7 answers · asked by Anonymous

2007-01-12 21:30:26 · 3 answers · asked by dingo 1

2007-01-12 21:28:06 · 4 answers · asked by expee01 1

what can i do?

2007-01-12 20:39:53 · 15 answers · asked by Okey Dokey 1

2007-01-12 20:15:20 · 7 answers · asked by Anonymous

2007-01-12 18:54:06 · 1 answers · asked by Anonymous

Is it possible to have opened an account in May, but bank of america says it was opened in October? I don't get how they could give the wrong info. Anyone have any ideas, maybe someone that works there? Please help bc I am trying to get to the bottom of this situation.

2007-01-12 17:40:59 · 6 answers · asked by shell 1

Attn: Mortgage Lenders, Loan Underwriters, Loan Originators, Mortgage Brokers, Mortgage Bankers.

Who can do this loan??????
90% LTV
No PMI
Intrest Only
No Prepay Penalties
Assets verified but not income
Purchase Price 375,000
Appraisal 410,000
One Employer Fulltime for 7+ Years
At Current Residence for 7+ Years
Current home owned Free and Clear
New Purchase is primary residence single family detached New Construction
800 FICO
first 2 trade lines 24+months
3rd trade line 18 months

Serious replies please.

2007-01-12 16:49:12 · 8 answers · asked by MainlandMig 2

I have a Sep IRA from my old job that I do not and have never paid into that would cover my student loan and most of the rest of my debt. I'm in a debt management program, which gives me a decent interest rate on the debt I incurred when I was not able to work. But I am left with little/no disposable income & a stinky credit rating. I'm scheduled to be done in 4 more years, but I'd like to have some disposable income & be able to build a little emergency savings while fixing my credit ASAP in prep for buying our 1st home. Just waiting for hubby to finish his Master's and secure a new job in the Fall.

I have a 401k at my new job and I try to make a little money on the side, but don't have a lot of time for that with a 3 month & 3 yr old. So, I'm working extra hard at the 9-5 to target a raise in the Spring. I just want some peace of mind, to be able to afford a haircut once a quarter and to see the possibility of home-ownership sometime...

Can anyone suggest a good plan?

2007-01-12 16:23:28 · 5 answers · asked by mae 1

2007-01-12 16:14:46 · 4 answers · asked by flaquis 1

I have nearly $5000 in my savings account at my bank, and I would like to know what are my options to do with it. Should I invest in CD's, stocks, mutual funds, Buy my own 401K deposite it in a better savings account, or do what I am doing now and pay off my debt on my cards all together $4000. What should I do. Thanks

2007-01-12 16:08:25 · 8 answers · asked by Day Dreamer 1

like hsbc direct, ing or emigrant bank? I just found out that BOFA pays me less than 1% on my savings in fact 0.2% ...the hell? So i opened up an account with emigrant: no minimum, no limitations, 5.05% APY. sounds great but is there anything i need to watch out with this.
anybody else have there money online?

2007-01-12 15:28:48 · 7 answers · asked by Anonymous

I've been divorced for 11 years, ex has done nothing to help raise the kids financially so consequently, all my money has gone to raise them, I'm still putting my youngest through college (she's in her second year) They're both grown now and it's time for me...problem is I only have $6,000.00 saved. I work full time and I need to think about retirement...where do I start this late in the game.

2007-01-12 15:16:51 · 7 answers · asked by LolaCorolla 7

How much can you safely give or receive without owing any taxes and, can it be deposited in one lump sum without the banks alerting the IRS.

2007-01-12 15:01:26 · 3 answers · asked by stephenSEA 1

2007-01-12 14:56:27 · 4 answers · asked by www.terryknight 1

2007-01-12 14:48:19 · 7 answers · asked by LefteBanke 1

i was thinking of closing my checking and savings from my bank. and open new accounts with a credit union . Because I heard it was better . main reason i would do it because of a loan for school or house . what would be better keep my existing bank or open an account with a credit union?

2007-01-12 14:45:58 · 4 answers · asked by bashfulpapi 2

I had planned on getting braces this year so I opened an FSA through my employer and contributed what I had estimated the costs would be. Ultimately, I didn't get the braces nor did I accrue enough medical expenses to get back the full amount I contributed. Now I have nearly $1,000 in my account that I am going to lose. (Yes, I was aware of the use-it-or-lose-it clause when I signed up.) Does anyone know where the $ goes? My employer? The company which manages the account? The government? Is there no way to get at least some of the money back? Of course, I'd be willing to pay taxes and a reasonable "administrative" fee but I think it's so unfair that I can't get a refund.

2007-01-12 13:31:21 · 4 answers · asked by Anonymous

If so what kind of penalties? I'm new to this. Please help.

2007-01-12 13:22:18 · 7 answers · asked by Anonymous

I am a 28 year old school teacher and am meeting with a financial advisor to discuss my options for the best way to manage my meager earnings.

2007-01-12 13:17:46 · 7 answers · asked by duncan_grl 1

2007-01-12 13:16:12 · 9 answers · asked by xartinu33 3

What do you do, what do you gain from doing a secure bank loan?

2007-01-12 13:15:14 · 0 answers · asked by tampabay5400 1

Due to domestic violence in my home, I left my marriage. I drew up a proposal to my (soon-to-be) ex regarding our MASSIVE debt which left me with one medical bill of $17,000 (not including interest) and two credit cards of over $6000. I also left with only what I could fit in my car and left all our furniture and assets to him. I don't work full-time, though I'm going to try to soon and I just CANNOT pay these debts. I have no problem with the idea of bankruptcy for myself...however, NOTHING is in my name except our Bank of America overdraft protection credit card and he works for a financial industry and told me that if he has a bankruptcy that he'll loose his securities license and then his job. It's not my goal to be malicious and cause that - but I can't pay these bills. Will it be better for me to wait until the divorce is final and then file bankruptcy on whatever debts the judge gives me? Any advice? I don't know what to do.

2007-01-12 13:03:16 · 8 answers · asked by Jazmin 2

2007-01-12 12:19:21 · 3 answers · asked by luvsweiland 1

There was alot fo debt from a previous marriage that I incurred. I dont work becuase I have 2 small children at home. For me to wrok and put them in daycare would put me further in the red. My new husband works (obviously). I have no choice but to file and am worried that he will be pulled into it. We have been trying for 3 yrs now to pay this debt off and to no success. Any suggestions?

2007-01-12 12:09:43 · 8 answers · asked by ea1825 2

My transferred some money from her bank in England to my account in Australia last saturday (6th Jan) and it is still not in my account. Where is it and why is it taking so long to arrive.

2007-01-12 11:56:22 · 10 answers · asked by PomOnTour 3

i am only 14 so i cant get a credit card to pay for online things and my parents dont want to ut their info online, so is there anywhere you can earn or win paypal money online

2007-01-12 11:20:37 · 9 answers · asked by Anonymous

If I pay someone by cheque, would the date on my bank statement indicate the date it was paid in, or the date it was cleared?

2007-01-12 10:54:23 · 4 answers · asked by Anonymous

Can please someone tell me the best way to transfer money from Pakistan to USA. I am buying a home and I am taking about $40,000 from my uncle living in Pakistan. Also I wanted to know if the IRS would involve in it for tax. Your help is appreciated.

2007-01-12 10:28:56 · 0 answers · asked by Farah 2