Archive for the Personal Finance Category

02.12.2009

Any good sources for finance/investment tips for teens and young adults?

Not only am I interested in this myself, but my boss has asked me to start compiling some helpful information regarding this. She wants to start a program that will help young people become “financially literate”. I’m just having trouble finding some good material to use in a packet. I have a couple things like [...]

01.31.2009

I had an investment with REMIC status last year. I received a 1099 showing $4000 in interest. Any fiiing tips?

I’m married, filing jointly. Total income is probaly not going to be over $50k.Latrina

01.30.2009

What are some investment tips for a 401K account?

I contribute 13% of my paycheck to my 401K. Is that enough if my salary continues to increase each year? I work in the IT industry.Elba

12.16.2008

How can I find an informal investment club in my area, one not having to register w/ the SEC?

I’m looking more for a networking group, not a formal investment club that pools their money. Just a group of people that are somewhat organized that gather to discuss investments.Brooke

12.13.2008

Why did the investment bankers think it was profitable idea to securitize bundle bad mortgage loans?

First I don’t understand why banks would loan money to someone with bad credit or not having the means to repay. Second I don’t understand why investment companies like Bears Stearns would repurchase the loans from the banks. Securitize them and sell them as bonds. What are they learning at these prestigious business schools? How [...]