Tag Archives: Good

How Much Should I Save To Have A Good Backup Fund/savings?

My husband and I just had a baby (9 mo’s old) and we’ve been diligently saving ever since he was born just because. For an emergency plan, a buffer, and just b/c we like to combat materialism and waste. Since last Sept. we’ve saved about 2.5 months worth of take-home pay, and by this Dec. [...]

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My Friend Has $ 400, 000 Cash Savings. What Is The Best Way For Him To Make A Good Cash Flow?

He is 38 years old male and keeps his money in ING direct bank and makes about 4.6% interest. Can he make better rates or any other investment plan that he can use to make a good positive cash flow every month?

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Does Anyone Think That The 30 Year Savings Bonds Are Good For Long Term Investment/savings?

How does it compare to 401k savings in stocks/bonds, considering yearly expense and maintenance of mutual funds and cyclic stock market bubbles? Does anyone share my opinion that this brouhaha about 401k is an overblown campaign by mutual fund companies just to fill their own pockets. Am I being pessimistic?

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  • Thinking of investing your savings?


    While increasing your savings is good, multiplying your money through smart investments feels great - there are lots of opportunities out there and you can be successful if you're arming yourself with the right information.

    Where to start?

    If you're going to try your luck on the stock market or trading options, first start by learning the basics and delay as much as possible buying real positions. One way of getting hands-on experience with the markets is through online trading - either forex or binary options are good learning grounds and most online brokers offer trial accounts free of charge (if you're wondering what are binary options, 24option.com has very good resources on it, besides offering a free practice account and a wealth of information about binary trading in general). Final warning for the very eager: binary options are exotic financial instruments; real trading involves substantial risk of monetary loss.