Archive for November, 2008

Tips in Choosing Money Fund

Saturday, November 29th, 2008

When choosing a money fund, do your best to avoid any that own complex derivatives.  It’s up to you to watch out for potential land minus.  One red flag:  If your money-market fund is yielding a quarter of one percentage point more than its competitors holding similar investments and its ...

Your Emergency Fund and Savings Goals

Thursday, November 27th, 2008

YOUR EMERGENCY FUND AND SAVINGS GOALS ARE LESS THAN TWO YEARS AWAY If you are planning to spend your savings on, say, a new car or home in the coming year or two, safety should be your biggest concern.  You need to keep your savings in a safe place where you ...

A Guide to Your Savings Alternatives

Tuesday, November 25th, 2008

Once you know how much you need to save, the next step is deciding where exactly to put your savings.  Add don’t think you have to keep all your savings in the same place.  In fact, you probably will want to spread it around a bit by keeping your emergency ...

Continuation..Figuring How Much You Need to Save

Sunday, November 23rd, 2008

Now for the movement of truth:  Add up all of the amounts in column 9 to figure out the total amount you need to set aside each month to meet your goals.  You can the multiply by 12 to find the total amount you need to save each year. INFLATION ADJUSTMENTS ...

Figuring How Much You Need to Save

Saturday, November 22nd, 2008

One of the most common financial questions people have is:  Am I saving enough?  That’s a tough question to answer, since the amount you need to save depends on so many factors; your age, your goals, whether you expect to borrow to reach your goals, your income, and the rate ...

How Small Savings Can Add Up

Thursday, November 20th, 2008

This table will show you how much your savings can build, depending on the amount you salt away weekly and how long you do it.  Choose the amount you think you can save from the row across the top.  Then, determine how many years you think you could continue saving.  ...

How to Boost Your Savings

Wednesday, November 19th, 2008

Hello guys! I've been so busy these days plus some family issues so I wasn't able to post some stuffs lately. For the next blog post, I'll b e discussing about how to boost your savings so please do visit this blog regularly. I'll be giving in tips on how ...


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