I meet with folks who think that there is one rule for figuring out one’s investment allocation. I disagree with that notion. There are several factors that help determine your allocation choices.
What’s a mutual fund
A mutual fund is a portfolio, a mix of stocks aond/or bonds, that help you diversify your investment. Mutual funds allow you to spread your money around to different investments. If you only own stock in Bank of America or General Motors you might experience a significant loss to your investment if these stocks decreased in value. However, in a mutual fund you might hold 50 or even 100 different companies’ stock in just one fund, so if one stock within the fund drops in value it potentially has less of an impact on your total investment. Please note that a mutual fund maylose value and the price of a mutual fund share will fluctuate daily depending upon the performance of the underlying securities held by the fund
Adult Education programs throughout the state provide many inexpensive classes to help you. Adult education focuses on five areas: Literacy, high school completion, college preparation, business training and personal enrichment.
Augusta:Making the Most of Your money
Traditional IRAs, (whether invested in CDs, stocks and bonds or mutual funds) involve PRE-TAX savings that are taxed upon withdrawl. Roth IRAs do not have the pre-tax benefit, however the account will not be taxed when the money is taken at retirement.
Have Realistic Expectations – You are probably not Warren Buffet, meaning you don’t have a giant budget for gifts. So be reasonable in your expectations and don’t put undue pressure on yourself. Just because people ask for new trucks or $300 games for the holidays doesn’t mean anything to your real-life budget. Don’t feel guilty for being prudent!
Ignoring Your gut!
College Savings before retirement-
Beneficiaries are not updated on your HUSBAND’S accounts
You leave Finances to your Husband
Marion R. Syversen, MBA – President
– Get involved in this vital issue. Learn more every year in a way that suits your learning style, seek out info online or at the library. there are many great articles and books out there. Get serious about your financial future, ladies! - Make sure that the appropriate names are on your husband’s life insurance and IRA/ 401(k) accounts. Don’t leave things to others when you have a very dear interest in this issue. NO! You must get your retirement fund under control and it must take precedence over the kids. Please, take care of your future. Who’s going to take care of YOU Is that the way you’d want your daughter to proceed – Sometimes we second guess ourselves too much. Go with your instinct. Trust yourself.
Detailed information on basic to upscale bathroom and kitchen remodeling projects, plus many more improvement project breakdowns are at http://costvalue.remodelingmagazine.com
No shoddy work-
Take a Class
It doesn’t have to cost a lot to really make somechanges. Here are some ideas from my upcoming book that won’t cost alot but that will make a big impact.
Paint-This is an inexpensive change that will radically transform a space forusually less than $50. Scientists have been studying the effect ofcolor on people for years and have found that culture plays a role indetermining individual’s feelings about color. For North Americans blueand green are calming and are used in bedrooms for their soothingaffect. Red and Orange are energetic colors with red stimulatingappetite. As light changes in your room – and in summer leaves are onthe trees and then those same trees are bare in winter – expect shadesof your chosen color to need tweaking. I tried to use the same shade ofbeige in bathrooms directly in line with each other, one upstairs andthen the downstairs room. A maple tree changed the light so much in thedownstairs room the color looked bad and I ended up using a totallydifferent color for the room.
Remember when your mother said,":So would you jump off a bridgejust because everyone was doing it": Don’t let emotions determine yournext steps. Here are some tips to help you survive the market turmoil:
Is Bear Stearns a bank
What Happened at Bear Stearns
Why in this in the news
One reporter explained that Bear Stearns couldn’t fill out the Federal reserve paperwork fast enough to get the loan directly from the Fed and had to call upon JP Morgan Chase for more instant cash. The rumors of the Bear Stearns problem started to cause serious concerns, even a bit of panic. Panic is the enemy of rational markets. Not understanding the extent of potential financial trouble was the reason Bear Stearns was in the news.