*****The Official "Anything About Money" Thread***

Question about buying mutual funds and indiividual stocks. Am I better off going with TD Ameritrade/Scottrade or with T-Rowe Price (I have my IRA thru them)?
 
The fastest way to increase your FICO scores is by getting added as an authorized user to your parents or someone else's card who has had it opened for a few years and hasn't had any late payments. Just tell them that you don't even want the card, that they can cut it up once it arrives. What this does is it adds their account on your credit report. By doing this their highest credit line becomes your highest credit line. A high credit line means that you're trustworthy with a lot of money and other lenders will therefore be more willing to grant you money. Secondly, if have credit card with a 1,000 dollar limit and have used 900 dollars of the available credit, your total credit utilization is at 90%. This basically kills your score and I've seen peoples scores drop 70 points over credit utilization. Keep it under 30% and you're good. So if your Mom has a 10k credit limit and is only using 1k of hers and they add you as an authorized user, your credit utilization goes from 900/1000 to 1900/11000 which boosts your credit back up.
 
Just got a chance to take a look at all of my cumulative accounts. Total is around 18K give or take a grand. Not bad for a 16 year old. -
Anyone that says money didn't change them, just hasn't made enough.
Team AM FAM
www.jumpmansneakers.com​
 
Quick question about cashcrate...

How many sites actually contact you? Do you get a lot of junk mail from it? do they constantly call and harass you?
TEAM corNhuskers​
 
anybody think it's a good time to buy ea stock now that madden and college football are about to come out?
 
^^^ so whats the best way to find a gem for before anyone else just researching?
Fire red III's available now $180 with free shipping...Paypal available
 
biz.yahoo.com/weekend/mil...ire_1.html to snowball. Using the assumptions above, your portfolio would soar from $160,000 to more than $418,000 a decade later. True, part of this gain would be lost to inflation. But inflation should also drive up your salary, allowing you to squirrel away more money.

Get Started Now

Getting started. That still leaves the initial task of accumulating two times income.

"It can take people 12 to 15 years," Mr. Farrell says. "The earlier you can start, the better. But if you're close to two times pay by your early 40s, you're probably in pretty good shape."

As you strive to amass that sum, your top priority should be funding your employer's 401(k) plan. In addition to the initial tax deduction and continuing tax deferral, you will likely receive a matching employer contribution, which will help speed your portfolio's progress.

If you can, save outside your employer's plan, by funding a Roth individual retirement account. That won't get you an initial tax deduction, but you will enjoy tax-free growth. A Roth also offers a heap of flexibility. At any time, you can withdraw your contributions -- but not the account's investment earnings -- without any sort of tax hit. That means your Roth could double as an emergency reserve or as your house down-payment fund.

Investment Ideas

Which investments should you buy? Check out broadly diversified no-load funds like AARP Aggressive and Schwab Target 2040, both of which require a $100 initial investment. Until you reach Schwab's $1,000 brokerage-account minimum, you will need to add $100 every month through an automatic investment plan, where money is pulled out of your bank account and invested directly in the fund.

Also consider Fidelity Freedom 2050 and T. Rowe Price Retirement 2050. The regular minimum at both funds is $2,500. T. Rowe Price will trim that minimum to $1,000 if you open an IRA and waive the minimum entirely if you sign up for a $50-a-month automatic-investment plan. Similarly, at Fidelity Freedom 2050, you can sidestep the minimum if you agree to invest $200 a month through Fidelity's SimpleStart IRA program.
Go here 2 learn how to make an easy $1,000 each month while online

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Wow this thread is filled with great info :wow:
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Thanks to everyone who helped contribute
 
im 21 years old and i think i make a decent amount of money for my age..i work as a casino dealer and i take home about an average of 1000-1300 a week..where can i invest this money since i always seem to have cash on hand and i somehow spend it on shoes clothes ect,..
 
hey Deceptive5 what are some good trial offers you used with cashcrate. i signed up for a refernal from your link
 
For the love of money is a root of all kinds of evil

Show Me the tax money." So they brought Him a denarius.
And He said to them, "Whose image and signature is this?"
They said to Him, "Caesar's." And He said to them, "Render therefore to Caesar the things that are Caesar's, and to God the things that are God's."
 
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