Warning About Money Questions
Answered Question
Best Answer Chosen by Asker
| December 17, 2008 08:27 AM |
| Asker's Rating: |
• These were all really good answers. I think this one nailed it.
Permalink | Report
Other Answers (4)
December 17, 2008 04:24 AM
I put some money in a plain old CD just a few weeks ago because I figured making 4% there would be better than losing money in the stock market. I am however taking advantage of the low market to put in the max amount towards my IRA which will help me in the long run.
Permalink | Report
December 17, 2008 04:49 AM
After significantly increasing our family's emergency savings fund (heavy emphasis on saving), I opted to keep contributing large amounts to my IRA. I made sure I had a good mix of both stocks and bonds (along with a lifetime supply of Maalox). Again, though, heavy emphasis on saving - when things begin to turn around we'll take that extra money and invest it. For now, it buys us peace of mind and that's all we can hope for during this crisis.
Permalink | Report
December 17, 2008 04:53 AM
I've invested an inheritance in a family startup, maybe not the wisest solution, but better than stock right now. Very high risk, but the estate where the funds came from would have helped out his nephew. My answer is......keep it close.
Source(s):
www.vioguard.com
Permalink | Report
Answer this Question
Related Questions
Ask a Question
Buy Mahalo Dollars with Credit Card or PayPal
Top Members
Most Popular Tags
Categories
- Anonymous
- Arts & Design
- Beauty & Style
- Books & Authors
- Business
- Cars & Transportation
- Consumer Electronics
- Coupons Deals
- Education
- Entertainment
- Environment
- Fitness
- Food & Drink
- From Email
- From Iphone
- From Twitter
- Health
- History
- Hobbies
- Home & Garden
- How Tos
- Humor
- Jobs
- Legal
- Local
- Love & Relationships
- Mahalo Answers Community
- Money
- Music
- News
- NSFW
- Parenting
- Pets
- Science & Mathematics
- Services
- Shopping
- Social Science
- Society & Culture
- Sports
- Technology & Internet
- Travel
- Video Games
Welcome New Members
- bkrompholz, December 02, 2009 02:02 AM
- dusty_blade, December 02, 2009 01:53 AM
- marcusjw, December 02, 2009 01:51 AM
- thomasadams, December 02, 2009 01:49 AM
- ascottcarlson, December 02, 2009 01:44 AM
Mahalo Dollars are the currency of Mahalo Answers.
Each Mahalo Dollar costs $1.
Once you earn more than 40 Mahalo Dollars, you can request to be paid via PayPal. Each Mahalo Dollar is currently worth $0.75 when paid out via PayPal. Learn More
