Personal Finance - March 2007

I am 24 years old and have had my money in a CD for the past 2 years - accruing interest.
I've heard that someone my age shouldn't have their money in a CD. I don't know why.
What is the best way to be accruing the most money for someone my age?
I don't need much access to the money because it is purely my savings right now. I am not using the money at this moment.

2007-03-16 08:00:48 · 4 answers · asked by Anonymous

I am a self employed Massage Therapist, I carry liability Insurance, what can I do to insure I have retirement $, my parents left me 5 acres, can I do something with that?
Also, I have a 13yr old son, who may want to go to College, I donot own my own home.

2007-03-16 07:53:22 · 10 answers · asked by tamilynn 3

I have a five dollar bill from 1988. at first i thought it was counterfeit because it looked weired, but then i noticed its from 1988. so i thoght maybe it is just different.

2007-03-16 07:45:46 · 2 answers · asked by taboli 2

I have both a Traditional IRA and a Roth IRA. Each IRA has a maximum annual contribution of $4000. Is this maximum for each type or IRA individually, or is it a total for all IRAs?

If it is per type, then I could contribute $4000 to my Roth, and $4000 to my Traditional in the same year.

If it is total, I could contribute $4000 split between the two.

2007-03-16 07:18:51 · 4 answers · asked by Greenio 2

is set to be deposited the same day, will the withdrawal bounce?

2007-03-16 07:05:07 · 6 answers · asked by ES 3

2007-03-16 07:04:08 · 2 answers · asked by dskjoa 1

A. Cash
B. Accrual
C. Single-entry
D. Double-entry

2007-03-16 06:50:48 · 2 answers · asked by Anonymous

My daughter is getting married this summer. She's in her early twenties. One of the ideas my wife and I are considering as a wedding gift is to start an small investment for her. It's not the only gift I'd give, we're likely going to pay for her honeymoon, give a cash gift etc... But I'd like for her to have a start off investment for her new family too. I sure wish someone would have at least sat me down and explained the benefits of investing early in life to me.

So what's the best investment? Start a 401K, open an on-line stock trading account, buy into a mutual fund or maybe just open and fund a standard saving account with some place like HSBC (I think there paying about 5.00% right now.)

I'm open to any and all ideas.

2007-03-16 06:36:46 · 6 answers · asked by Parrothead Steve's 2

I have a money market savings account with Capital One. In my checking account I have more money than I need RIGHT NOW due to my tax refund, however, in a few months I will need that money later on as my budget starts to even out. Should I take the excess money I have now in my checking, move it to my savings, allow it collect interest NOW, and then pull out what I need later on? Or just leave the excess in my checking and just leave my savings intact?

2007-03-16 06:35:48 · 7 answers · asked by Neosamurai 1

If so what sort of info do I need? I don't have a social security obviously, as I am a Canadian Citizen. Can I open a US bank account with a passport, and/or credit card?

2007-03-16 06:13:25 · 12 answers · asked by dommn8r 4

it has been 2 months already since i opened the accounts and i have paid off everything

2007-03-16 05:35:15 · 3 answers · asked by rromano888 1

OK….I want to buy this CD…..It costs $21.99 plus taxes. Grand total is $24.85. I can pay outright, or lease over the next five years….for 66 cents a month. Which would be the better option.

2007-03-16 05:20:55 · 7 answers · asked by Anonymous

2007-03-16 05:16:31 · 2 answers · asked by porfe_crb 1

I've been actively looking for a job for weeks and seem to have bad luck everywhere I turn. I have bills due at the end of this month and I don't have any money! Please help.

2007-03-16 05:08:29 · 13 answers · asked by brownberry1219 1

What are the procedures to get money transfered to me
from Australia?

2007-03-16 05:08:05 · 1 answers · asked by BigP 1

2007-03-16 05:07:19 · 26 answers · asked by Anonymous

I have two accounts with a bank, can they transfer money from one account to the other without my authorisation

2007-03-16 04:54:25 · 17 answers · asked by Jiggy_O 2

2007-03-16 04:51:42 · 4 answers · asked by maggie 2

2007-03-16 04:35:50 · 6 answers · asked by ILoveGreen ZipZapZop 4

my bf and I are looking to move soon. (within the next year)What are reputable places to get a home loan from. We are first time buyers if that helps any. We looked into lendingtree.com, mortage101.com, lowermybills.com, and quickenloans.com......are these good places or what other places would you suggest to look into?

2007-03-16 04:30:13 · 7 answers · asked by fireworksncastles 3

I can't really find a job that pays significantly, therefore daycare for my daughter will use 80% of my earnings. How can I make a decent living while affording daycare as well?

2007-03-16 04:09:05 · 8 answers · asked by Anonymous

Or is it better to do it somewhere that isn't online?

2007-03-16 03:59:48 · 6 answers · asked by Neerdowellian 6

This amounts to about 50+ dollars a week.

2007-03-16 03:09:42 · 7 answers · asked by luminant_me 1

2007-03-16 02:57:40 · 7 answers · asked by kevin 1

Does that mean that my money would get 5% interest **monthly or **yearly?

2007-03-16 02:53:53 · 4 answers · asked by misjes2000 4

Ya ha deedle deedle, bubba bubba deedle deedle dum...

Would you biddy biddy bum all day long if you were a wealthy man?

2007-03-16 00:37:59 · 4 answers · asked by The Lamb of Vista 3

2007-03-16 00:30:06 · 7 answers · asked by hippie girl 1

How can I make money with my pen?

2007-03-16 00:22:12 · 5 answers · asked by The Lamb of Vista 3

I just want to see if I'm living beyond my means. Thanks.

2007-03-16 00:17:16 · 7 answers · asked by Queen 3

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Online coordinator.

2007-03-15 23:55:21 · 3 answers · asked by m_galab 1