Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Most Popular

more tags
1500 questions
33
votes
4 answers

22-year-old inherited 30k from 529 payout - what is the best way to invest?

I recently received the payout of my college 529, about 30k amount. It's been in a mutual fund with a private investor for about six months. It's the same investor my parents use. I recently got my income report back and I made $12 total. I'm…
lll
  • 447
  • 4
  • 6
33
votes
2 answers

What happened to Home Depot's Stock in 1988?

I was exploring various stocks this morning on Google Finance, and I came across some strange behavior for Home Depot (HD) in 1988. For the entire year, the stock traded incredibly low, and at incredibly high volume. I've seen large spikes in volume…
user45657
33
votes
3 answers

What Is The "Real Estate Loophole"?

I'm seeing a lot of articles this morning about political discussion regarding a "real estate loophole" though none of the articles actually say what this loophole is and the only one that I'm aware of is the mortgage deduction tax benefit. …
whatisthat
  • 489
  • 4
  • 7
33
votes
11 answers

What warnings would you tell a friend about to enter a multi-level marketing (MLM) business venture?

Imagine you had a friend who was about to join a multi-level marketing (MLM) business, despite your advice to the contrary. Another friend or family member had already convinced them the opportunity is a worthwhile business venture, and you couldn't…
Chris W. Rea
  • 31,999
  • 17
  • 103
  • 191
33
votes
10 answers

Is it possible to make money by getting a mortgage?

I met with a financial advisor for the first time yesterday (trying to get my things in order for retirement). During our meeting he told me a story that sounded pretty impressive, but the more I think about it, the more I don't understand how it…
Rob P.
  • 1,065
  • 1
  • 9
  • 16
33
votes
4 answers

How much life insurance do I need?

What is the best way to determine how much life insurance I need?
travis
33
votes
7 answers

Can I open a US bank account even if I don't live in the country?

I'm Swedish, but living in Switzerland at the moment. Can I open a US bank account? Either when in the US on vacation or through the internet/phone? There are lots of situations when I find myself in need of an american credit card or just a bank…
Erik Tjernlund
  • 433
  • 1
  • 4
  • 5
33
votes
5 answers

What are the economic benefits of owning a home in the United States?

I am trying to figure out if owning a home is more economical then renting. According to all the tools, according to the rent I pay now (< $800) owning a home is not economical, even in the long run. It seems to me like it would make sense to do…
SoftwareSavant
  • 743
  • 2
  • 8
  • 13
33
votes
3 answers

Declare Bankruptcy or Just Wait Seven Years?

We've got one family member who is the classic definition of "ne'er–do–well". I don't think he is capable of understanding money, issues or contracts. When you talk to him he seems to have good intentions but things rarely work out. He owes lots and…
zipzit
  • 667
  • 1
  • 6
  • 11
33
votes
2 answers

Difference between GOOGL and GOOG

Why are there two ticker symbols for Google — GOOGL and GOOG? They seem to be mostly identical, but their market values are different: currently, 551.64 for GOOGL and 548.79 for GOOG.
Nozdrum
  • 433
  • 1
  • 4
  • 6
33
votes
12 answers

Where does the value of money go during inflation?

I was wondering if I put $1000 in the piggy bank for a year and the inflation being 10%, and everything else being constant, 1 year later that $1000 in cash money can only buy goods that today would cost me $900. So my question is: where did that…
user1070087
  • 449
  • 4
  • 4
33
votes
10 answers

Does the stock market fall faster than it rises?

I am under the impression that declines in the stock market are more sudden and violent than increases. Is there any truth to it? If so, what causes stock prices to fall faster than they rise? Or could this all be an illusion caused by the pain of…
Flux
  • 17,301
  • 12
  • 74
  • 138
33
votes
2 answers

Do I have to pay a medical bill when the ER never submitted it for an insurance claim?

My husband went into cardiac failure while we were traveling. He was taken by ambulance to the nearest hospital ER. I gave his insurance information at the time of service. About a month later, I received a phone call from the billing department…
Donna Lewis
  • 339
  • 1
  • 3
  • 3
33
votes
11 answers

Case against home ownership? High income, no home, don't necessarily want one

All numbers are in USD and my tax situation pertains to US taxes. I am at a crossroads and am seeking help. I am a single man who has always made a good living and generally enjoy my life as I please. I work hard and this year has brought me a nice…
PropositionJoe
  • 774
  • 8
  • 13
33
votes
12 answers

How can I break the cycle of taking on more debt to pay the rates for debt I already have?

I'm 30, married, and have a 1.5-year-old daughter. My monthly on-hand income is 71,000 ₹ (INR). These are my monthly expenses: Home loan: 18,428 (Loan amount: 18,50,000. Number of EMI pending: 150. Tenor: 161 months, ROI: 7.4%) Home topup loan:…
private
  • 455
  • 4
  • 8
1 2 3
…
99 100