Savings

Pages

0

Is a CD a worthwhile investment?

Mar 21, 2012
Should I consider a CD as a worthwhile investment? I am 26, work for a neat nonprofit, paid off my car in 1 year and plan to be paying student loans for 20 years. I have about $5,200 invested in stocks and mutual funds (most of which is split between a Roth and a traditional IRA). I have another $1,000 I'd like to invest. Should I continue with IRA contributions and modest stock purchases or consider something like a CD? The thing is, my online savings account APY is higher than the CD rate. I guess a third option is paying down an additional $1,000 on my student loans. What should I do? Thanks! Michael, Salisbury, MD
Posted In: Roth-IRA, IRA, Savings, CD, student loans
0

Back to the savings future?

Mar 20, 2012
Saving on an installment plan.
Posted In: Investing, Savings, Books, Personal Finance, risk management
0

Savings and a summer internship

Mar 19, 2012
I'm a 20-year-old college student studying computer science. I recently accepted a paid internship offer at an investment bank for the summer. After taxes, I will make around $10,000. How should I spend, invest or save this money to best prepare myself for life after college? Zach, Binghamton, NY
Posted In: Savings, Roth-IRA, student loans, college, job
0

Helping out brother with money

Mar 8, 2012
My problem is that my brother (in his late 20s) is super lazy and would never do any financial planning on his own. I've been trying to get him to open a Roth IRA for a while, but no chance. So now I'm thinking of starting one for him for his birthday and setting it up so a certain portion of his paycheck will transfer automatically. But there's no way he will ever be motivated/responsible enough to do his own investing. I'm not sure what strategy to follow because I don't want to do his investments for him. Is it worth hiring a professional? Do the major online trading sites (Etrade, Vanguard, ScottTrade, etc.) offer some kind of package where you just add some money and it is professionally invested for you? Any advice you have would be greatly appreciated!! Thank you! Laura, Chicago, IL
Posted In: Savings, Roth, stocks, bonds, Treasurys securities
0

Malthus visits Wall Street

Mar 7, 2012
I don't think investors should fear the march of time. The specter of a baby boomer-driven stock and bond market implosion seems implausible to me largely because of the move toward market economies around the world. By the time retiring boomers are selling in earnest, markets will be even more global than they are now. There are a lot of foreigners to buy U.S. assets.
Posted In: baby boomers, Investing, Savings, stocks, bonds, retirement savings
0

Keep on saving

Mar 5, 2012
The personal savings rate seems to have moved up to the 4 percent to 5 percent range, despite savers making 0.1 percent to 0.2 percent on their money. We're back to the range that held for much of the 1990s. Considering how harsh the last couple of years have been on so many people -- from young adults seeking their first full-time job to retirees watching their pension values slide -- it's doubtful that the savings habit will erode. Memories aren't that short.
Posted In: Savings, borrowing, personal savings rate
12

Cutting savings to the bone

Mar 2, 2012
Marketplace's Wealth and Poverty reporters talked with people from all over the country, and many, regardless of their earning power, had very little in the way of savings.
Posted In: Savings, middle class, lower class, upper class, wealthy, poverty
1

Piggy for a personal finance paragon

Mar 2, 2012
Jacqueline Byers' salary is in the low $40,000 range, but she budgets, tracks her spending and saves up for what she really loves -- travel.
Posted In: Savings, save, budget, Travel, piggy
1

A personal finance lesson from Apple

Mar 2, 2012
There is an important personal finance lesson in Apple's enormous cash hoard: Savings is an anchor that allows for experimentation, risk-taking and innovation in both companies and at home.
Posted In: thift, Savings, borrowing, apple
0

Spend less, save more

Mar 2, 2012
Tips for saving money without feeling (too much) pain.
Posted In: Savings

Pages

Buzzworthy

Recent comments on our stories..

zingledot's picture

Attack of the shrimp (prices)

This issue has been going on for some time, actually. Anyone in the restaurant business feels this pain. More than a year ago the price for our...

sgardner's picture

Attack of the shrimp (prices)

 If you’re a shrimp lover you may be wondering why you’re paying more for your favorite shrimp cocktail or Pad Thai. It’s actually a bacterial...

emcolligan's picture

Real estate flippers are back!

I'm glad to see others have commented about the thoughtless reference to a pit bull. The Maryland legislature recently passed and Governor O...

NickMullins's picture

When the coal layoffs trickle down

My great grandfather started in the coal mines of Southwestern Virginia in 1936 during a time when logging companies such as W.M. Ritter were...