Latest Forum Posts
Latest Forum PostsRe: Personal loanPosted on 2015-08-26 08:01:17 by FrankN
What is the personal loan for? Also do you know what the value of your car is?Re: Time to be very carefulPosted on 2015-08-26 07:59:21 by FrankN
Each persons case and risk toleration is different and unique. There is no correct portfolio. The key questions to ask are what is your time horizon and what is your appetite to take risk. If a person has a willingness to take some risk and is investing for retirement, I would recommend to allocate some portion of your portfolio in stocks. The volatility is higher, but the returns compensate you in the long term. Ideally you want ...Re: Time to be very carefulPosted on 2015-08-25 17:04:05 by Finance Globe
Our house (40%), MMA (50%), cash (7%) and a little (appx 3%) gold and silver.
With hindsight, most of the bulls on Wall St. would say I made a mistake by not investing in stocks, however I am in the boat of the lost generation. In my Army days, I had a little money (that I didn't have) in a mutual fund account for nearly 8 years that dropped 45% over that time, then got burned by the recession not long after, only to see...Saving for emergenciesPosted on 2015-08-25 09:15:15 by FrankN
All great advice. A good rule of thumb is to have an emergency savings for you to live off of for 2 months. I know some people can't do that, but if possible that is a good metric to use for your emergency savings fund.Re: Time to be very carefulPosted on 2015-08-25 09:12:03 by FrankN
General question, and maybe a further topic we can all discuss here. If you are not invested in stocks, what are you invested in? What kind of asset classes are you invested in short term and for the long term?
Right now, my portfolio consists of: