Comments to date: 311. Page 1 of 32.
Mel Location unknown | 12:13am on Friday, April 24th, 2009 |
Is Reaganomics dead and not why and if yes why?
Can an economic policy work again, especially in this complex economic globalized world than changes and expands?
And if yes then why do republicans insist on lower taxes and please no conspiracy mu... read more » |
Lil Location unknown | 6:50am on Monday, April 20th, 2009 |
What are some activities to cheer people up when they are really sad?
my friend has just come out of a 3 year relationship and she needs to be cheered up any ideas?
Best answer:
It's important to recognize that it will take time to heal a br... read more » |
Optimist Location unknown | 1:30pm on Saturday, April 18th, 2009 |
How does retirement system work in California?
Hello All,
I have moved to the states and still searching for a job, but what I still don?t get is how the retirement system works in California.. Let us say that I work till I am 60 and then I retire ... read more » |
BinkyTheWonderD Location unknown | 9:18pm on Tuesday, April 14th, 2009 |
Is there a website to find a comprehensive list of names with pictures of retired Beanie Babies?
These BBs are from 1997-1999. It is my daughter's collection which we are passing on to my 6 year old niece. They have no tags because I've wa... read more » |
Shhh...it's a secre Location unknown | 2:04pm on Tuesday, April 14th, 2009 |
How many years does the average soldier stay in the Army?
Just plain on average, how many years does a soldier stay in the Army? You have to be in the army, know someone in the army, or be quite familiar with it to answer. Thanks! (Obviously I don&#... read more » |
mommymi Location unknown | 11:01am on Sunday, April 12th, 2009 |
How to become a life and health insurance agent in tx?
I am wanting to know where i should sign up to become a life and health insurance agent and any advice anyone has im in in tx and if their is a need for them thank you
Best answer:
To get the... read more » |
Mish Location unknown | 11:20pm on Friday, April 3rd, 2009 |
Gotta prepare farewell speech for our retiring principal......any suggestions?
Our principal is retiring after serving for two decades and I am the one chosen to deliver the farewell speech on behalf of students. Need a bit of help!
Thanks!
Bes... read more » |
James Location unknown | 3:14pm on Monday, March 30th, 2009 |
Why should I look for tax-favored investment strategies and how do these strategies help me to attain my goals?
My teacher wanted me to answer these two questions for extra credit and I have no idea what he means about tax-favored investment strateg... read more » |
~*~April~ Location unknown | 9:29am on Friday, March 27th, 2009 |
How would you request either food or drink to contributed to a party?
I am throwing my mother's retirement party and the guest list is gradually growing...I want to request to have a dish or beverage contribution (requested not required) but do... read more » |
The Revent Location unknown | 1:20am on Wednesday, March 25th, 2009 |
Whats the best car you have seen down any road?
What is the best car you have seen down any road or motor show. Or if it was driving, was the car being driven like a bat out of hell, or was the person just taking it for a "drive".
Best a... read more » |
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Saving for Retirement - Kiplinger In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul. ...
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Welcome to Retirement Savings Retirement Savings reviews, product information and specifications at the official site of NewRetirementSavings.com. Choose from a large selection of products that ...
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Open Question: Only 120 days to go until the largest tax hike in History. What should we do?
(Fri, 03 Sep 2010 15:02:02 GMT)
First Wave: Expiration of 2001 and 2003 Tax Relief
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:
Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions
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Resolved Question: what is the answer to this question?
(Fri, 03 Sep 2010 10:22:38 GMT)
i've already worked it out...but i want someone elses answer to see if mine is right. so please help!
"Jo wants to retire in 20 years. He currently has no savings. If he wants a retirement income of $500 per fortnight for 15 years, how much must he save each fortnight if his savings attract interest at 7.8% p.a. compounded fortnightly ? i got that the fortnightly savings must amount to 91.93 dollars, anyone else care to validate? thankyou so much!
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Resolved Question: I am 18 have an account at my local credit union...and I want to open a Roth IRA?
(Thu, 02 Sep 2010 19:35:47 GMT)
Hi! I am 18 and got my first part time job in July. I want to get a headstart on my Retirement. considering most people don't open a Roth IRA until they are in there 20's.
But I don't know how to go about this.
Do I go to my Credit Union and just ask to set up a Roth IRA account?
Also, at my credit union I feel as though I am not saving as much as I could. I constantly take money from my savings. (Which really is not a lot) and use it for fun.
So I am considering opening an another bank accou
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Open Question: How many liberals are "ticking time bombs"?
(Wed, 01 Sep 2010 20:12:27 GMT)
WHY LIBERALS ARE DEPRESSED
Over five thousand years ago, Moses said to the children of Israel , "Pick up your shovels, mount your asses and camels, and I will lead you to the Promised Land."
Nearly 75 years ago, (when Welfare was introduced) Roosevelt said, "Lay down your shovels, sit on your asses, and light up a Camel, this is the Promised Land."
Today, Obama has stolen your shovel, taxed your asses, raised the price of Camels and mortgaged the Promised Land! Liberals got so depressed l
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Open Question: How should a 23 year old with a limited budget begin planning financially?
(Wed, 01 Sep 2010 04:10:02 GMT)
I am 23 years old and I am trying to start to put aside money for retirement. Currently, I would say that I could safely do $2500 annually, although I might be able to contribute a considerably greater amount to that--maybe a thousand dollars more. I have considered starting a Roth IRA, but I have been told that it is wise to diversify and invest a larger portion of your savings into the stock market while you are younger. What is the best way to begin? The key word is BEGIN. I will likely b
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Open Question: Set Up Online Investment?
(Wed, 01 Sep 2010 00:02:40 GMT)
I have a few bank accounts with money in high interest accounts, but recently I have got a current account that i'll put approximately £200 a month in and can use for regular purchases with my debit card
My mum won't let me touch my savings account which is sensible as it's for the future, but my current account is basically for my own personal use and I want to invest in some companies that I like simply for the fun of it.
I know it isn't the best money making way and I'm not looking to inv
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Voting Question: How should I receive a "TSP - Thrift Savings Plan" "inheritance"?
(Mon, 30 Aug 2010 20:33:23 GMT)
**RELIEF OF THE UNIVERSE** In about 6 weeks, I will be receiving some money from a retirement fund (government TSP ... Thrift Savings Plan) from a divorce. I was told that if I receive this in cash, there will be tax implications, but I absolutely have to use a large portion to get out of my current desperate recession rut. How should I request that I receive this? Cash or 401K or something else? [The amount is around 40-50K, and 10K IMMEDIATELY goes to resolving debt ...].
Conor - thank y
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Voting Question: Can we afford this house?
(Mon, 30 Aug 2010 14:17:50 GMT)
We've done the math on our monthly payments and figured out that after we pay our mortgage, property taxes, mortgage insurance and homeowners insurance, health insurance and put money into retirement savings - we're going to have about $1600 left over for utilities and basically everything else. We do not have car payments (just insurance/maintenance) or other major expenses, we don't even have a cable bill (don't watch TV) - and it's just me and my husband right now. In your opinion, does thi
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Resolved Question: Which political party is killing the middle class?
(Thu, 26 Aug 2010 22:20:59 GMT)
Bill Clinton signed NAFTA and issued a record number of H1b visas to displace middle class workers from their jobs.
And what is Obama doing to stop any of this?
The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it
"the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American wo
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Voting Question: how to start a business ?
(Wed, 25 Aug 2010 16:03:37 GMT)
I really would like to start a business but the big problem is how?.
I come from a very poor family which in social class is called "The poor" acording to http://en.wikipedia.org/wiki/Social_class#Determinants_of_class_position.
I first best tell of my past.
My family earns way below £11,000 ayear that is between 4 people under 1 roof, the house is from the council and is rented.We have no savings what so ever and only 2 bedrooms which means i have to share even doe i am the age of 21 with my
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Voting Question: At what point do you say enough?
(Wed, 25 Aug 2010 15:00:54 GMT)
My older sibling has always marched to the beat of her own drum. Fifteen years ago, she married this guy even though NO ONE in my family liked him. As we expected, things did not work out between them, and they got divorced...it was an ugly split, but they share custody of my young nephew. My sister went to court for violations of the custody agreement, and she has spent the bulk of her savings paying lawyers; the case has dragged on for the past two years with little accomplished on either
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Resolved Question: Math problem homework help on difference equations! I keep trying and getting the wrong answer!?
(Tue, 24 Aug 2010 22:12:20 GMT)
Question: Derek wants to retire in 30 years time, and so decides to start a new retirement savings account. He wants to accumulate 500000 dollars by the time he retires.
Initially, Derek deposits 2000 dollars into the account. He will make further deposits at the end of each month.
The account will earn interest at annual rate 8 percent, compounded monthly.
How much will he have to deposit into the account each month in order to reach this target after 30 years? (Give your answer, in dollars,
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Resolved Question: When should I get pregnant?
(Tue, 24 Aug 2010 19:46:59 GMT)
I'm almost 23, married to a 25 year old man I have been with for over 2 years. He graduates in a year and a half with his Bachelors and I have already graduated. I am in school for my Master's in Management. We both have great paying jobs and a nice house in a quiet neighborhood, we each have a nice car, we put back money each month and add to our retirements, we have saved lots of money over the past couple years and have decent amount of savings put back... I only worry that we should wa
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Resolved Question: thrift savings advice please?
(Tue, 24 Aug 2010 12:25:51 GMT)
i'm 23 and single, trying to invest for my future. i was told my a financial advisor that i should invest 1/3 I Fund, 1/3 S fund, and 1/3 C fund with the full 15% contribution.
this is HIGH risk, which I generally do not like. what do you suggest?
i am saving up for retirement in the future..and early retirement if possible
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Voting Question: paying off credit card bills with retirement savings?
(Tue, 24 Aug 2010 02:06:11 GMT)
I have around $3000.00 in retirement accounts (IRA, 401K) and about $15000 in credit card debt. I am having an impossible time paying my bill and...is it a really bad idea to take my retirement money and throw it towards my bill? I am 30, in my medical residency so i will eventually be able to aggressively, hopefully, save for retirement. Just right now things are pretty much insolvent.
Does anyone have a great reason why i shouldnt do this?
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Resolved Question: What is the president doing to end free trade and job outsourcing?
(Mon, 23 Aug 2010 13:58:28 GMT)
http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-here%27s-the-stats-to-prove-it-520657.html?tickers=^DJI,^GSPC,SPY,MCD,WMT,XRT,DIA
The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it
"the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American worke
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Resolved Question: Starting a Debt Management & Budget Planning business(Part-Time)?
(Sun, 22 Aug 2010 22:26:39 GMT)
I have done some research and I'm not going to do anything with credit cards. Just help them in budget and what they should pay first. Doing just this I won't need to be license, but my concern is not over stepping this.
Say if I give a couple a budget to follow and now they are out of debt and want to invest in savings or retirement. I only would tell them my option on the companies and let them make the company and investment direction. This wouldn't put me at legal risk?
I thought about
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Resolved Question: I won't forgive my dad?
(Sun, 22 Aug 2010 16:31:18 GMT)
Ok, so, a little background info on me:
I'm 16, live in California, and I have 3 half sisters (all from my mom), and 2 half brothers (one from my dad, one from my mom).
My dad left my half brother (his son) and my dad's wife... that was a long time ago, when my brother was about 6, he's almost 30 now. (let's call him Jude.)
My dad has always hated my half sisters and my other half brother. And he's not afraid to admit that he really does HATE them.
Oh, and my mom's an alcoholic.
Well, on
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Resolved Question: Help! I dont have my financial calculator?
(Sat, 21 Aug 2010 06:38:45 GMT)
If I want to retire at 62 and have annual income of $100,000 until I am 84, how much do I need to have in savings when I retired. To get that lump sum, how much do I need to put away each year. I am 24 today and think I can earn 5% during the entire time.
also,
I can only put away $2,000 a year toward retirement. I am 22 and plan on retiring at 65 and earning 6%. How much will I have at retirement? If I need it to last for 15 years, how much will I have per year to live on.
TYVM!
If I
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Resolved Question: is your economy better now or before 2008?
(Wed, 18 Aug 2010 19:46:30 GMT)
detach yourself from political rhetoric and answer honestly. consider your mortgage and value of your home. paycheck and job security. retirement savings, taxes, and dept to earnings ratio.
personally i saw my income go down and my bills go up. am i in the minority?
jetsunderpa-i am not you friend. i ment 2008 because i was looking at earning statements.
i never mentioned obama. i am strapped for cash the first time in 35 years. and if the dish ran away with the spoon...i heard already.
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Resolved Question: Help! have a financial question?
(Wed, 18 Aug 2010 15:38:13 GMT)
I am on unemployment only receive 900 a month and my bills are 2,000 so I had some money in savings but all gone now. I have a retirement account that has enough money in it to pay all my bills for about three more months however if I take it out they will shut off my unemployment however I only have about 3 more months of money left on unemployment not sure if I will get Extension or not. What should I do? take out my retirement and pay all of my bills for three months and hope I get a job? O
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Resolved Question: Jehovah’s Witnesses: What do you make of the admonition in 1st Timothy 5:8?
(Wed, 18 Aug 2010 05:07:48 GMT)
It says:
"Certainly if anyone does not provide for those who are his own, and especially for those who are members of his household, he has disowned the faith and is worse than a person without faith."
According to the Pew Report, Jehovah’s Witnesses have next to the lowest average income of any organized religion. There are two reasons for this:
First, the Watchtower society prohibited and now discourages Witnesses from attending university.
Second, in order to get eternal life, you a
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Voting Question: New Bill in Congress?
(Tue, 17 Aug 2010 17:35:20 GMT)
Before the Next Election in November 2010.
Major Points:
- Make it Illegal for Congressmen and Senators to vote themselves a pay raise.
- Require Consent from the Voting Public under a Special Election.
- First and Second-Term Politicians are Not Allowed to Schedule a pay raise Election (it's called a probationary period, just like WE get a work).
- TAXPAYERS are Exempt from Paying for the Election. The monies come from Savings the Politician got for their constituents by Doing Their Job
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Resolved Question: Jessica will live for two periods. She is only able to work in the first period, when she earns $500?
(Tue, 17 Aug 2010 14:32:36 GMT)
The interest rate between the first and second period is r, meaning that if she saves X in
the first period she can consume X(1+r) in the second. Her utility function is
U (C1 , C 2 ) = C^(α) C^(2−α)
a) Draw Jessica’s budget constraint. Be as precise and complete as possible.
b) How do you expect the amount of Jessica's savings to be related with α?
c) Jessica optimizes. What is her behavior (C1, C2, and savings in period 1)?
A social security system is introduced. This system takes an a
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Resolved Question: Is The Middle Class Being Wiped Out?
(Tue, 17 Aug 2010 06:32:40 GMT)
83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don't contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
• 24 percent of Ame
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Resolved Question: Should I use most of my retirement savings as a down payment on a home?
(Mon, 16 Aug 2010 23:43:22 GMT)
I found a home in a well established highly sought after neighborhood. The only way I can get it is to take $60K of $100K saved for my retirement. Its a $325K home. I can't qualify for a FHA loan since I already own an investment home financed through FHA, so I have to go conventional hence the twenty percent down payment. I'm 45 and plan to work another 20 years and can easily see myself retiring in this home or expanding if necessary. I have a specialized federal government job in health car
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Resolved Question: cash flow problem, would refinancing be a good idea?
(Mon, 16 Aug 2010 22:33:13 GMT)
? would refinanceing these be good. 18,000mortgage 500/month x 3.5 yrs.* 2nd mortgage 460/month x 6yrs 27,000, , New loan would be 48,000 490/month x 10 years. Cash flow up front would be about 500/ month savings. It sounds good to me. We are about 7 years from retirement. I appreciate any response Thanks
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Resolved Question: Who agrees that we should end free trade?
(Mon, 16 Aug 2010 15:51:26 GMT)
http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-here%27s-the-stats-to-prove-it-520657.html?tickers=^DJI,^GSPC,SPY,MCD,WMT,XRT,DIA
The Middle Class in America Is Radically Shrinking. Here Are the Stats to Prove it
"the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American worke
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Voting Question: Martial Law, Riots, FEMA, Economic Depression, New World Order, End of Religion, Iran..What's going on?
(Sun, 15 Aug 2010 23:46:25 GMT)
Many are saying that because our nation's 14 trillion + debt that as a country we will lose our sovereignty as we head into the largest depression that our country has ever faced.
......................................…
Source:http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-heres-the-stats-to-prove-it-520657.html?tickers=
Statistics:
• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans "always or usually" live p
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Resolved Question: Martial Law, Riots, FEMA, Economic Depression, New World Order, End of Religion, What's going on?
(Sun, 15 Aug 2010 23:09:33 GMT)
Many are saying that because our nation's 14 trillion + debt that as a country we will lose our sovereignty as we head into the largest depression that our country has ever faced.
............................................................................................................................................
Source:http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-heres-the-stats-to-prove-it-520657.html?tickers=
Statistics:
• 83 percent of all U.S. s
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Resolved Question: How to educate someone about necessary retirement savings?
(Sat, 14 Aug 2010 04:26:04 GMT)
Present or in the future, health care and expenses are not going to be cheap for retirement. I told my husband who has not start any savings yet and he is entering his forty soon enough. i am just worried because i know he will not be able to work any more in the future. Please advice me on how to educate the importance of retirement savings to him without him being irritated. I tried to explain to him but he says he is relying on the 4 houses that we own. Even though eventually we can sell th
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Resolved Question: If my employer has no 401K, where should I put my money?
(Fri, 13 Aug 2010 20:42:57 GMT)
I would like to contribute to retirement savings but my employer does not have a 401K. Would it be better to open a new account such as an IRA or have my husband contribute a higher percentage into his 401K? I would like to save 20% of my income this way. Also, I have money left in my previous employer's 401K plan which I have just left there since ending my employment. What are the best options for the money in that plan?
Thank you
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Resolved Question: Your thoughts on the money flow regarding "new" GM stock?
(Thu, 12 Aug 2010 12:08:31 GMT)
Here is how I see it: the US government basically nationalized GM. They seized the assets of the company, then split the assets between the Feds and the autoworkers union. The stockholders who held GM equity were completely screwed, they lost everything. Fast forward to now, GM is coming out with new stock and who gets the proceeds? The government. This is no different than some hostile government in South America nationalizing a US owned business. Well, actually there is a difference - the U
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Resolved Question: What are your thoughts on this?
(Mon, 09 Aug 2010 17:03:24 GMT)
Taxation: Three great waves .... A must read, this is not bashing, it's the
facts of one of Obama's "changes".......
MAKE SURE ALL YOUR FRIENDS AND FAMILY UNDERSTAND JUST WHAT THIS OBAMA
"CHANGE" IS GOING TO DO!!!
In just six months, on January 1, 2011, the largest tax hikes in the history
of America will take effect.
They will hit families and small businesses in three great waves.
On January 1, 2011, here’s what happens... (read it to the end, so you see
all three waves)...
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Resolved Question: What is a good retirement savings option if you have no 401(k) option available?
(Sat, 07 Aug 2010 14:57:05 GMT)
My current employer does not offer 401(k) to part-time employees. I have money sitting in two other 401(k)s. I would like to roll it all over into one place and start adding to it again, preferable with as low a load as possible. I am 36 years old. Annuity? Roth? Traditional? I am leaning towards Roth. Let me know your thoughts. Thanks!
I understand all the benefits of an IRA, it's more annuity vs. IRA that I am interested in learning more about. I am also interested in finding out
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Resolved Question: What stops conservatives from recognizing that supply-side economics always fails?
(Fri, 06 Aug 2010 17:13:42 GMT)
• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don't contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
• 24 percent of Am
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Resolved Question: Fidelity 401k Question ?
(Fri, 06 Aug 2010 11:42:07 GMT)
I have $40,000 dollars in a Fidelity 401k...They are encouraging me to transfer to a Fidelity IRA....Should I do it, or is there a motive behind them, such as them profiting more from this option ? If I do switch to an IRA, should I let them plan it for me ????? I am 35 years old, stay at home "Dad - retired" , and do not plan on contributing ever again to this plan, I just wish to let it alone for atleast 32 years..We have other retirement savings as well as my wifes hospital pension, and ar
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Resolved Question: At what age do people start saving for retirement?
(Fri, 06 Aug 2010 02:43:50 GMT)
Im am 17, will be 18 in less than a week. I hear all the time that it is good to start saving for retirement early. Soo do i just open another savings account for it or what? Tell me anything you think I need to know and please don't be rude. Thank you for your answers!!!!
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Resolved Question: Why can't conservatives admit that supply-side economics has failed?
(Wed, 04 Aug 2010 17:21:37 GMT)
• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don't contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than $10,000 saved up for retirement.
• 24 percent of Am
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Resolved Question: Why do American companies insist that American consumers "Buy American"?
(Mon, 02 Aug 2010 17:03:44 GMT)
When many American companies outsource work out of the country? You can whine all you want about not buying products made in China. Guess where a considerable chunk of your retirement savings are being invested by your employer? I have friends who work in customer service who train workers who come in to the US for training for jobs in India, China, Vietnam. How many people have bought a supposedly American made product only to find themselves talking to someone from India if they need to call
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Resolved Question: Are you saving for retirement?
(Sun, 01 Aug 2010 19:03:04 GMT)
I just read an article that said an average person should have around a million, more likely 2 or 3 saved up to retire comfortably before age 70. My husband and I are both 30 and we have 12 bucks on our savings account.. yikes!!!
I mean we always think its a good idea to save money but right now I am more concerned about paying for my daughters pre-school ( only 200 bucks a month) or rent for crying out loud. How am I supposed to save millions for retirement?
So are you actively saving money
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Resolved Question: Now that Civil War in the U.S. is not an "if"...but a "when"...What will you do to prepare for the dark times?
(Sat, 31 Jul 2010 09:19:00 GMT)
Ahead of our country?
LOOK AT HOW IT IS NOW!!!
Millions of Americans out of work?!?
Millions of Americans without insurance!?!
Millions of Americans without any health care!?!
Millions of Americans loosing their life savings/retirement funds?!?
Millions of Americans loosing their homes, cars, and everything they have?!?
Millions of Americans told to "hurry up and die" to make more room for illegal aliens!?!
Millions of illegal aliens getting free welfare.
Millions of illegal aliens getti
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Resolved Question: My parents have no money for retirement? HELP PLEASE.?
(Thu, 29 Jul 2010 06:06:53 GMT)
I'm 14 years old, my mom is 48 and my step dad is around 42. They have a mortgage on the house that won't be payed until.. well, MANY YEARS. (I'm talking 10-20 years) My moms credit is good, but she owes around 15,000$. They have no money for retirement. My mom USED to have money saved, but she put it into our new house (they bought the house because it's in a good neighborhood, and my old house wasn't)
Anyways, I'm really worried. I don't want them barely surviving after they stop working. W
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Resolved Question: My parents have no money for retirement? HELP!?
(Thu, 29 Jul 2010 05:42:56 GMT)
I'm 14 years old, my mom is 48 and my step dad is around 42. They have a mortgage on the house that won't be payed until.. well, MANY YEARS. (I'm talking 10-20 years) My moms credit is good, but she owes around 15,000$. They have no money for retirement. My mom USED to have money saved, but she put it into our new house (they bought the house because it's in a good neighborhood, and my old house wasn't)
Anyways, I'm really worried. I don't want them barely surviving after they stop working.
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Resolved Question: Middle Class America how's that Trickle Down Theory working for you ? Do you agree with the statistics ?
(Mon, 26 Jul 2010 23:54:17 GMT)
Here's a few statistics
• 83 percent of all U.S. stocks are in the hands of 1 percent of the people.
• 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.
• 66 percent of the income growth between 2001 and 2007 went to the top 1% of all Americans.
• 36 percent of Americans say that they don't contribute anything to retirement savings.
• A staggering 43 percent of Americans have less than $10,000 s
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