Question by adc123: We have ,000 saved up towards a car, but we won’t need another car for 3-4 years..?
We have $ 10,000 saved up towards a car, but we won’t need another car for 3-4 years. My question is should we put it in a 3 year CD to gain more money on the amount? Or should we put it in another type of savings account? How would you “invest” this amount to get the greatest return in a 3-4 year span? Thanks for your input!!

Best answer:

Answer by Nowye
I would invest it in some pretty good mutual funds. I recommend New Asia by T. rowe Price

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Bear in mind, there might not be anything illegal or inappropriate involved. Yet already, people are presuming that a crime has been committed. Some person just asked the question “How long before Obama denies having met Richardson?”

Doesn’t the current political financing system invite at the very least the appearance of impropriety, and in many cases, lead to actual criminal conduct?

Wouldn’t we be best served as a nation by mandating publicly-funded elections at virtually all levels of government?

Isn’t this the simplest and best way to reduce the undue influence of corporations, lobbyists, and inividuals on the political process?

http://www.msnbc.msn.com/id/28493919/

Some might argue that giving money to politicians is a protected form of speech. The current Supreme Court unfortunately agrees.

yet there are already limits on many forms of speech which are considered harmful to individuals and the public at large. Slander and libel are not protected forms of speech, and as we all no, you aren’t allowed to yell “FIRE” in a crowded theatre.

Doesn’t the ability to give money to politicians harm the public good? And if campaign contributions are “free speech”, why are there already limits on them? Should they not be “limited” right out of existence?
Grr, typos. Oh well.

***

Already, I’m seeing in the answers an “Oh well, whaddyagonnado” attitude, without much in the way of constructive solutions.

This country is in real trouble right now, and much of the reason is the undue influence of money in politics.

John McCain was asked why we didn’t have a better energy policy, and he blamed it on “those darned lobbyists”.

Rather than restricting their access to the Congressional gymnasium (the ultimate outcome of the Abramoff scandal), doesn’t it make sense to remove the ultimate source of their power: money?

Best answer:

Answer by a bush family member
Yes, but it is nearly impossible.

Many in congress are now talking about bailing out construction companies, even though they received campaign donations from the companies.

Construction companies are partly to blame for the housing bubble collapse. Many were overbuilding because they were making great profits from using illegal immigrant workers.

What do you think? Answer below!

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Question by Cathy: Fellow SC’s – I need your advice why YA would block this answer I gave?
I answered a Y.A. poster who asked the question: “Where can we get educational financial aid…we are 18 and 19 years old and have a baby together….”

I gave the following advice below and then I got an e-mail a day later saying that the Yahoo Community reported my answers as against the Yahoo policies….Here’s my answer to the question above:

I told them to look into JobCorps (www.jobcorps.org). It’s a free US government program for people ages 16 to 24 for GED/High School, job training, housing, food, healthcare, child care, transportation, cash, etc.

Can anyone tell me what I did that is against Yahoo policy or offensive to the Yahoo Community?

I just don’t understand how this answer would be a violation?

Thank you, Cathy
Thank you all for your support. I did file my appeal ASAP when I received the “warning” from YA. I think someone got mad when I provided this suggestion which might mean they’d have to get off the duff and actually do something to better their situations rather than just moaning about it on YA. Thanx everyone! Cathy

Best answer:

Answer by Pat aka Lady Luck
Someone is just being an azzzhole.
That’s a great answer.

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Question by Joshilan (Momma to 3 boys): Need a 30 day loan? Can someone recommend something?
I know I am asking this in the wrong category but everytime i ask something in business and finance I get a bunch of money making scheme answers and never a REAL one. So thanks for answering and sorry to burden the ones that I am annoying with my “out of category question” Ha ha!

I’m wanting to take out a 30 day loan for around $ 600…

I’d like to pay it back with 2 payments ($ 300 and whatever interest every 2 weeks). Because my husband gets paid every 2 weeks.

I need it like immediately for over due bills. So I’d like to do it online..

Could someone recommend a good website that I can do this at? I have no clue as to who would do a loan like this. I know a lot will have your money in the bank within a day or so and that would be great.

Please help me with this someone.

THANKS

I don’t want a money making scheme. I need it like TODAY or TOMORROW in my account because if I don’t have that money then my water is being shut off on Monday, my electric Tuesday and my phone on Friday. Not to even mention my week late car payment.
My husband got a short check and we’re having problems paying the bills this month.

I need a loan for bills and that is it.

Best answer:

Answer by I’d rather be at the beach
do not to a payday loan thing! Those are a complete scam! The best thing you can do is call your bank — see if they have a misc. loan. Although, with loans come interest, and that’s what hurts to pay back.

Better yet, call the places your bills are due. Explain your situation and tell them when you will pay. You’ll be surprised at how flexible various places can be! As long as they know you’re not ignoring them.

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Credit Card Catastrophe Avoidance – Everything You Need To Know About Managing Credit Better

One of the biggest challenges for people to overcome when they first determine to start building wealth and putting income away for their future is a hulking mountain of charge card debt developed over several years. With balances of ,000 or ,000 or more, at 20% and 30% interest, they find themselves paying upwards of 0 monthly in interest expense alone, never making the balance of the ch

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At some point in your life, you may ask some online questions that although they are simple, finding an answer may require effort. However, with the advent of the internet, you can virtually get all your questions answered online.

For example, if you are an applicant, you may want to prepare yourself for an interview. If you have access to the internet, you can a search for questions about “job interview” or “answers to interview questions.” Immediately after hitting the search button, the search engines will dig deeper for websites that offer the best results to your query.

Because the questions can be varied and tricky, you can make adjustments on the keywords that you type on the search box to get the results exactly as you ask for them. You can input the keywords, common interview questions or hr interview questions.

Normally, these sites offer interview questions and answers. You can copy both the questions and answers, or you can get their main thought and formulate your own answer. Either way works best for you and to other million individuals who have online questions about that subject.

If you are an I.T. expert and are about to have a technical interview, you can also benefit from the internet and search for “technical interview questions” or “programming interview questions.” The questions that are contained in the results are the ones that are commonly asked by the HR personnel.

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These employment interview questions are basic questions. The answers to these are crucial to your employment. Many IT applicants do not want to be too confident about themselves, without knowing the best answers for a job interview.

You can also search the web for finance interview questions. If you are going to do the interviews, you can get some idea of what questions to ask, if you are new to HR. The database for interview questions is enormous containing thousands of job interview questions. Having access to such database is a fruitful interview preparation.

You can also look up “interview tips” and “tips job interview”. If you want quick answers for any concern, you can ask your questions online and get immediate answers.

Employment is not the only topic for online questions. You can ask about the history of any country, object and city. You can also ask about the representation or symbol of animals, colors, and other objects.

There are sites that only answer questions in a particular field, like finance, accounting, physics, mathematics, medicine or natural medicine. These sites charge a fee, since they have license professional that bid to answer your questions. You can then choose the professional with the best price and the best credentials.

When it comes to Science, the questions can be scientific needing thorough explanation. Mathematics is a subject that can both be logical, technical or analytical. There are also questions that ask for the meaning of an expression and statement. All of these questions can now be answered on the internet.

Having access to the internet makes virtually all things easy for students, entrepreneurs and even housewives. You can search technical questions and get answers quickly. If your kitchen or bathroom needs plumbing services, and the plumber is not available readily, you can ask the internet about plumbing tasks. The internet contains answers for the million of online questions.

There are many free sites where you can as questions. But there are many other sites that charge a fee. The fee is based on the difficulty of the questions. Questions that are charged for occur in any field such a health, medicine, science, math, finance and so on.

If you want to ask about insurance, how to install a lighting fixture, how to earn money working from home, or how to optimize your website, rest assured that the internet can answer such online questions. Whether this service is free on not will be base on the quality of the answer and the credentials of the person answer the question.

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According to Bankrate the current mortgage rates (as of 8/23/10) are:
    30 yr fixed mtg 4.52%
    15 yr fixed mtg 3.95%
    5/1 ARM            3.51%

So let’s break it down so you can understand your options. The low initial interest rate (3.51%) on an ARM sounds great, but you risk exposing yourself to future high interest rates.  As a matter of fact, it’s important to understand the worst possible case scenario, how much you could have to pay.  Do lenders disclose your worst-case scenario? Somewhat.  However, they are able to sugar coat it by advertising the initial low rate, which entices many home buyers.

The 3.51% interest rate means you are paying interest only.  Not one dime of your mortgage payment will be applied to principal.  Is this a negative situation?  Not exactly.  Keep in mind for the first 10 years or so of a 30-year-fixed rate mortgage very little is applied to principal, especially in the early years.  Also, many don’t live in their homes for more than 10 years.

Let’s assume a 5/1 ARM.  Your initial rate according to Bankrate mortgage rates is 3.51%.  It’s practically 1% less than the 30-year mortgage.    For the first 5 years, your rate will be locked in at 3.51% and after every subsequent year, your rate can adjust, say 2% every year. Your maximum cap rate is 6% above the initial rate (3.51%).  There is a maximum cap rate and an initial rate. However, for the lifetime of this 5/1 ARM your maximum rate can never be greater than 9.51% (6%+3.51%).   Don’t forget your mortgage rate can decrease from a previous adjustment, but cannot decrease lower than the minimum.   The rates adjust according to a specified index. 

Another component to an ARM is the margin. The margin is a constant percentage that a lender will add to the index value.  After the initial interest rate period, your new rate will depend on the index value (remember, margin remains constant).   Each lender can have a different margin rate.

The Best Approach to an Arm Mortgage: The best approach is to find out what you can afford under a 30-year mortgage and if you can afford your mortgage payment with the maximum rate.  If you are able to afford the mortgage at the maximum rate, then you will be better prepared if you were to ever get in that position.   Knowing your 30-year-fixed rate mortgage schedule payment you can use that payment towards your ARM.  In essence, you will be applying more to your principal, saving you more interest than if you were to choose a 30-year-fixed rate mortgage.  In addition, each new adjusted rate is based on the new balance and not the original balance of the loan.

When to use an ARM Mortgage?  Use an ARM Mortgage when you don’t plan on living in your home for more than the initial rate period.  If applicable, be prepared to afford a higher mortgage payment.
·   When it’s time for the rate to adjust you are able to afford the payment.
·   Can afford the mortgage payment if the rate were to adjust to maximum cap rate.

To sum it up, your decision to go with an ARM depends on YOUR financial needs.  If you feel you will live in your home for a few years, then an ARM would be suitable.   If you plan on living in your home for longer than the initial interest rate period, then be prepared for the adjusting payments (which again could decrease after a subsequent increase in the rate).

If you are uncertain of the length of time you plan on living in your home, then go for a 30-year fixed-rate mortgage and lock in on your interest rate.  Either way, rates are historically low.  There’s never been a better time to invest in real estate.

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Question by DaddyCool: need suggestions on how to make money! ?

thank you
andd… i dont want no sites. links to pages which are probably scams or phishers. i just want advice. thanks

Best answer:

Answer by דוד פינחס (DPB)
Be very careful with online scams I lost $ 1500 after I thought I had sufficiently checked it out

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Best answer:

Answer by sky600500
Over 12,000,000 legal mp3 music and song downloads available at: http://suv2007.mp3center.hop.clickbank.net

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Question by Nails: What Exactly Does This Mean? Need Help With A Particular Question On A Student Finance Form?
I am filling in a form for student finance, and I have been stuck with this question. “If the course is franchised to another university or college, give the address of the other university/college.” I am doing a HND in fine art at college and when applying for this course, I remember reading somewhere that my college was in partnership with the local university for this particular course. I’m not sure whether that’s what the question is looking for? Can anyone explain what this means?

Best answer:

Answer by Bluekittie
Since you institution is in partnership with a local college, for this course the money has to be dispersed correctly.
You need to fill in the address of the other college.

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