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Investment Strategies
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Withdrawing from the stock market
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Im sorry your investments are going down. Depending on how much money you have and what it is invested in: stocks or mutual funds, I would move half into a mone
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Investment Strategies
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Should I hold or sell given the rocky markets
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Go back and look at the history of these investments, yes it will come back. If you move to a CD then you have guaranteed the loss. Right now it is a "paper los
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Retirement Savings
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Using 401k savings to pay off mortage
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Right now there is a lot of help for people being laid off. Call your mortgage company and explain the details. You never want to pull money from 401k, that's t
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Real Estate Financing
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Refinance before bankruptcy is off credit report or wait until after?
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Usually it takes 2 years after discharge to get a good rate. If you have a 6.25% rate, I would rather you invest the monies than convert to a 15 yr mortgage, yo
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Income Taxes
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I Sold a house and made a profit, do i have to pay taxes on it
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Section 121 excludes $250,000 per person if the following 2 tests are met:
The individual must have owned and used the home as a principal residence for at lea
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Investment Strategies
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What's the best thing to do with extra monthly income
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Ok, I'm excited for you about your options. If you dont plan on retiring completely for 5 years I would:
1) Invest $400 in money market for downpayment on a ca
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Investment Accounts
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Managing inheritence assets for two equal heirs
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You will have to transfer them to both your names, jointly. You need to contact a tax advisor or estate planner.
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Retirement Plans
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To leave my 401k alone or to change it?
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If you don't plan on retiring till after age 60, then yes keep investing and keep buying low. The market has ALWAYS returned.. Always. If you look at history. W
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Payroll Taxes
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W-4 recommended withholdings
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You are required to submit a Form W-4 to your employer substantiating your exemptions. The employer is required to withhold according to specifications in Circ
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Investment Accounts
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Questions about investing in Forex
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Sorry Ron, I cant help you with the tax questions.
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Retirement Plans
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401K: to reinvest or maintain?
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I would do a direct rollover into an IRA mutual fund. This way you can move into different investment choices and have better control over "your" money. Feel fr
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Annuities