Personal Finance - February 2007

What is the interest rate for offshore savings accounts. I want to know about the Cayman Islands, Switzerland Banks,etc. And how often is the interest allocated, like in the states, most savings accounts are 9% a year.

2007-02-19 17:22:26 · 3 answers · asked by ???? 2

2007-02-19 17:17:45 · 2 answers · asked by mfas72as 1

2007-02-19 16:47:54 · 12 answers · asked by hip_elvis 1

Im usa student and im moving back to poland in april, and i still have 6.000 on credit cards and i dont have money to pay back.

2007-02-19 16:22:59 · 4 answers · asked by Anonymous

I am doing my taxes using TurboTax and there is a section regarding my contributions to 401k, I have contribution 5,000.00 and the system is saying that I over contribute by 1,000.00. The system is saying that I need to pull this amount out or I will be taxed on it by 6%. Is this true? Does anyone have insight to this?

2007-02-19 15:42:24 · 2 answers · asked by yahoo_chic 2

2007-02-19 15:38:37 · 7 answers · asked by Jordan S 1

I am confused out of this "they print money out of nothing , and therefor the money never existed in the first place ! " argument.
When the Federal Reserve, which I understand is actually composed of different leading banks who own like bonds in it ,I guess?, "prints money out of nothing" and they loan this money to smaller banks to loan out and , let us say the loan is for a home mortgage or a car loan and the loanee defaults, and the bank who lent takes the home or car and auctions it and counts its losses, it still has to pay back the Federal Reserve back, right?

I guess simplified version of this question is this :
Do the smaller banks who , I guess , borrowed the money from the banks of the Fed, have to repay the Fed if the loan is never paid back or if the asset for the loan is sold off for less at auction. Is the smaller bank still in debt to the Fed?
Do they ever default on their loans?
Please, help put this confusing rambling into perspective, thanks!

2007-02-19 15:09:54 · 3 answers · asked by Anonymous

For example if I have a 12 month CD and at the end of the term, does the money just sit there or do I have to withdraw and close the account?

2007-02-19 14:12:26 · 4 answers · asked by juju 3

can we really make money on the internt ,,,,,,how can i do this ,what is the best way......any links?

2007-02-19 13:15:48 · 15 answers · asked by Anonymous

Play $30 on an online casino

Or save $30 and online research a good investment to contribute it to?

2007-02-19 13:01:46 · 8 answers · asked by Tha Most Shady 3

i'm 17 and i dont have a driver's license or state ID yet.

2007-02-19 12:46:45 · 11 answers · asked by lariru 2

Can I open/contribute to a ROTH IRA account if I am unemployed?

Thank you,

2007-02-19 12:39:03 · 7 answers · asked by Sakura 1

I'm not Australian but would like to make saving in any bank in Australia. Am i eligible to do so? What are the advantages and disadvantages?

I would like to save in their bank because i intend to pursue study there. So any suggestion? If i don't have saving, how to save the money if in Australia?

That's what i'm thinking....

Thanks for any help...=)

I'm from Singapore.

2007-02-19 12:29:58 · 2 answers · asked by Linda 3

i have cash to pay the bill but it seems the only way to pay is through a checking accout or credit card over the phone, is there any other way?

2007-02-19 10:48:35 · 2 answers · asked by melissa s 1

2007-02-19 10:32:54 · 1 answers · asked by vivian d 1

Am trying to decide which debt is better to pay off first. This one above I ask about is highest APR, but I have another with a low balance of $300+ debt with a 21% APR.

PLEASE TELL/SHOW ME HOW TO CALCULTE THIS SO I CAN apply this to other debts.

I've heard some schools of thought say to pay off the highest interest debt first, but also have heard to pay off lowest balance debt first and then apply that same amount to the next debt in line balance-wise.

I'm dealing with a 50%+ debt ratio and really want to pay down as fast as I can. My income is fixed and I'm not a high-liver.

My problems stem from being shut-in and a compulsive ebayer. It makes it really easy to have my needs delivered right to my doorstep since I can't drive any more. I know...I have to get THAT PROBLEM under control SIMULTANEOUSLY ! I've got wonderful WILL POWER, NOW LET'S SEE HOW GOOD MY "WON'T POWER" IS

I KNOW I CAN DO THIS !!! JUST NEED YOUR HELP IN FINDING OUT THE BEST WAY!

2007-02-19 10:30:35 · 6 answers · asked by MJ D 3

Anything Can you answer QUICK! I have to buy a present for a family member!

2007-02-19 10:20:58 · 6 answers · asked by I ♥ Pete Wentz! 1

I am living in Texas and just filed for Chapter 13 bankruptcy. I wanted to know can I keep my checking account or will they take my money? My pay check is direct deposited into the account every two weeks in which I pay bills, daycare, and food. I don't want to be stuck without out any money. My pay check is all I have and I can't afford to lose anymore than what I already have to pay the courts. Can someone tell me how this works?

2007-02-19 10:12:59 · 8 answers · asked by CWB 1

anyone know of a toll free number or website i can find out it i owe money from a past bank account?

2007-02-19 09:24:08 · 5 answers · asked by 5 JEWELS 1

I was browsing thew the internet on how to get a grant and there are a lot of websites that gurantees you a grant for paying bills, getting out of debt, paying rent etc...Is it a spam??

2007-02-19 08:59:09 · 5 answers · asked by nice_n_thick1980 1

2007-02-19 08:55:42 · 10 answers · asked by MsMyliss 1

If soneone did not qualify for the loan using tax returns but went no income verification verified assets can they ask for tax returns in order to approve a short sale or deed in lieu?
Does the house have to sit on the market for a certain number of days before a deed in lieu can be approve ?

How much financial information do they need to turn in to get a short sale approved?

2007-02-19 08:48:39 · 2 answers · asked by Annie 2

I want to know how it works?

2007-02-19 08:24:17 · 4 answers · asked by nice_n_thick1980 1

This hurts my head to try to figure it out, I don't think I am doing it right or sumfin??!!??

2007-02-19 08:22:33 · 9 answers · asked by Sam I Am 1

20,000.00 in debt need help.

2007-02-19 08:19:14 · 9 answers · asked by wishfullgirl1970 1

I can contribute $5000.00 this year ,stocks are worth about $2500.00, Cost basis is about $3200.00. I have had them for over 2 years. The account they are in now is NOT an IRA.

2007-02-19 08:02:19 · 4 answers · asked by mbjbjab 1

I am unemployed, 50 yrs. of age, no money in the bank, no savings, no retirement, no job. How can I save myself from this mess?

2007-02-19 07:49:43 · 14 answers · asked by indebtuptoherears 1

2007-02-19 07:46:00 · 3 answers · asked by Game Changer 1

$200,000 mortgage@30 years=$568,000 spent

p&i=$1,500/month

interest only=$1000/month+$500 invested/month(balloon payent due at 30 years $200,000)

With the traditional amortized schedule I would own my house outright.

With the interest only loan I would have to pay $200,000 at the end of 30 years but my side investment would have grown @12% to $1,768,000 which I could pay off $200,000 and have a million and a half.

Why do people pay off their houses with a 15 year mortgage or bi-weekly payments? Wouldn't I be in better shape with scenario 2 in case I get sick, disabled, or lose my job with liquid cash? Is the traditional way really better in case something unexpected happens?

Interesting story click here http://www.kcmortgageplanning.com/tale...

2007-02-19 07:35:20 · 4 answers · asked by Anonymous

2007-02-19 07:32:44 · 7 answers · asked by Trish W 1