I recently received cash for around 6,000 shares of Schering Plough Corp. and would like to get your recommendation on investing in a stock (or stocks) to produce income. Click below for answer...
Do you think we should sell the 100 Class A Perot Systems Corp shares we bought in August of 1999 for $22.6250 a share? The offer is from Dell Inc and will expire at 12:00 midnight, on Monday, November 2,...
Question I have some municipal bonds (FREFTX) that starting in Jan 07, 2008 went from $12.03 to $10.08 in Dec 08, 2008. Since then it has been coming up to $12.02 by Sept 28, 2009. For the last week or...
Question I am 74 and must take my RMD out which is $5,000. Do not need it for living expenses or emergency fund. Where is the best place to put this amount? Thanks...
QUESTION: When the market started to fall last year I had over $200,000 in an IRA invested in mutual funds. When the market fell below 7,000 I called my broker to talk to him, but he was out of town....
Question My wife (58) and I (56) have a net worth of about $1.4 mil. No mortgage and no credit card debt, and a desire to try retiring when she is 62. I understand the advantage of delaying Social Security...
Question: I have a problem calculating the effect upon gold holdings if there should be a devaluation of the dollar. Example: Say I hold $100,000 worth of gold bullion, which I originally purchased at an average market value of $95,000....
Question I would like to know what you think of buying Gold with your cash and saving it, my financial planner says "Cash is King Now", but, it's not making any money and what if it goes down in value...
Question: I am 70 years old and considering investing my IRA in an annuity. I am concerned about fees and understand there are surrender charges if I withdraw money in the first eight years. The annuity company is promising a...
Question I bond rates as of May 1 are at zero. What is the likelihood that the November change will keep them at zero? I don't want to cash my bonds but can't stay at zero for long. Thanks B....
We are a retired couple 76 years old debt free and own our home. Our medical expenses have been paid by Medicare and private insurance. We have maintained our standard of living on our investment dividends,interest, IRA required minimum distributions...
Question Should you still contribute to your 401K if your company stopped matching? Should you have both a 401K and an IRA for long term savings? Is your 401K better then a long term CD? Should you roll over a...
I am 80+ in age, and have money assets as follows: $35,000.00 in checking account $50,000.00 in short term CD's $125,000 in IRA Accout invested as follows: 75% in common stocks 20% in Treasury Bonds 5% in cash $200,000.00 in...
Question: I am invested in five index funds, one of which is a REIT. This REIT has only 17% in residential real estate. What information sources are available that will help me understand the condition of the commercial real estate...
Question: We moved our SEP Funds out of a Managed Fund that was charging 1.75 Fee...... We started it in Dec, 07 with this arrangement with $267K.....We added $7K in '08 and still found our account diminishing and in Dec...
Question: I sold money market funds at a loss showing the loss on last years income tax return. Is there a waiting period of time before i can repurchase the same money market funds without penalty? Thanks J.C. Click below...
Kiplinger.com offers the 10 Financial Commandments for your 30s. 1. Pay off your nonmortgage debt 2. Kick the debt cycle altogether 3. Get serious about retirement 4. Diversify your investments 5. Continue to learn 6. Protect your assets 7. Live...
Question: I know no one knows want we are in for with the economy, but I need some expert advise on what to do about the money I have left in the stock market. I am a widow, seventy one...
Question: I am planning to retire by the end of April/May of 2009. I am debt free, and with my military pension and social security will be taking in slightly over $100,000 per year. I will have $30,000 set aside...
Question: I'm 56 years old and have the following questions: I'm being forced to take an early retirement package from my employer after 16 years, probably about 5 months of salary. I will be able to keep our health benefits...