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1500 questions
24
votes
4 answers
Should I purchase a whole life insurance policy? (I am close to retirement)
I am 65 and my wife is 59, we are planning to work until I am 70-72, and I plan to withdraw social security at 70. We have retirement savings of roughly $2,000,000 of which $1,600,000 is in mutual funds (mostly index funds) and $400,000 in TIAA…
per
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24
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5 answers
Dividends - Why the push to reinvest?
I recently received an email from my brokerage (UK based) stating:
"Research from Barclays shows that without dividends, £100 invested in the UK stock market since 1899 would have grown into just £177 after adjusting for inflation.
However, the real…
seekingknowledge
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votes
4 answers
How much (paper) cash should I keep on hand for an emergency?
I used to keep $150 hidden in my car for emergencies. I keep less than $100 in small bills in a backpack with food and water for use during natural disasters. I've got a fire safe in my house for legal documents and computer backups. Should I have a…
NL - SE listen to your users
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24
votes
4 answers
How much of my income should I put towards paying off student loans vs saving for a house?
New grad here. I finally got all the wonderful mail from the student loan companies informing me I need to start making loan payments. I never realized how much the interest on these things could come out to; 5% seems like such a small number. I…
Daniel Jacobson
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24
votes
6 answers
Can I sell a stock immediately?
Can I sell a stock immediately at the price of the market or is there a chance that no one would want to buy at that exact time/price thus causing me not to be able to sell?
Omer
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24
votes
6 answers
Should I sell my car if it appears I will not need it?
My partner and I are moving soon from a suburban rental to a downtown apartment. We are both within walking distance to work (5 minutes for her, 30 for me). We coordinate our shopping needs very well and it has been months since we have each…
rm -rf slash
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24
votes
2 answers
Euros - Can I trust air.money?
Basically, I am travelling soon and require 1500€ which converts to around (£1,183.06) which is fairly good for today's currency exchange rate.
The issue is that it's through a company called Air Money (https://www.air.money)
Reading through their…
Phorce
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24
votes
6 answers
What does inflation mean to me?
Everyone buys different kinds of goods. For example I don't smoke tobacco so I'm not affected by increased tobacco prices. I also don't have a car so I'm not affected by the reduced oil prices either. But my landlord increased the monthly fee of the…
Calmarius
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24
votes
5 answers
Strategic countermeasures to overcome crisis in Russia
I'm a skilled professional Web-developer and entrepreneur in Russia. I were working with different local companies in Moscow for at least 10 years. I still work with couple of key clients in Moscow and it allows me to pay for my living. Right now, I…
Slava Fomin II
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24
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9 answers
I earn $75K, have $30K in savings, no debt, rent from my parents who are losing their home. Should I buy a home now or save?
My parents have advised me to buy a home, as residential real-estate is still "cheap" (or what's considered cheap in my area). My parents have valid points, especially from an economic/investing perspective. However, I really do NOT want to rush…
overanalyzer
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24
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3 answers
What differentiates index funds and ETFs?
Many companies offer index funds and ETFs. If two funds or ETFs track the same fund, what differentiates the two? Is it common for one index fund to outperform another? How can this happen if the funds/ETFs are tracking the same index?
I found this…
Ryan Michela
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10 answers
Can paying down a mortgage be considered an "investment"?
I've read a few articles online about investments, and other articles about paying down home mortgages. One thing that I've noticed is that people who advocate paying down mortgages seem to emphasize that it should not be considered an…
Stephen Cleary
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3 answers
If low-cost index funds are considered the best investment, why are there so many high-cost, managed funds?
The general consensus is that the single best indicator of a fund's future performance is the its expense ratio (source). If you look for more than 5 minutes online you discover the Bogleheads approach to investing; the Motley Fool's discourse on…
Dang Khoa
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24
votes
3 answers
If I leave my job, what happens to my flexible spending account?
I am about to decide how much money to set aside for my 2013 Flexible Spending Account (FSA). (The max this year is $2500.) But I am wondering what happens if I switch employers during the year. Does the FSA from one employer somehow roll over to…
Stainsor
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24
votes
5 answers
Getting paid to like Instagram's posts? Scam?
My dad just told me that he had accepted a passive income job offer on WhatsApp where the task is to like the linked Instagram post every 20 minutes to earn money. The amount is too good for such job and my dad had really received the money and…
Ugly Duck
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