compound interest
The Ins and Outs of Retirement Accounts, Part 1: The 411 on 401(k)s
2:00PM 6/29/2011
Retirement, Investing Basics, Insurance, Video, Personal Finance
Saving for retirement is one of those things that can be hard to take seriously when you're young. But it's worth starting early, and DailyFinance wants to help. In this first installment of a three-part series, reporter Loren Berlin reviews how to get the most out of a 401(k).
Obama Talks About Balancing His Budget -- His Household Budget
9:01AM 6/09/2011
Economy, People, Investing, Credit, Special Report, Streetwise
During an impromptu drop-in at a conference of personal finance writers, President Obama was asked: How does he approach his own household finances? His response was timeless, irrefutable, and not quite consistent with his prescription for the federal government.
Sister-site Aol Autos offers a list of the Best New Car Deals of the Month, pitched on the AOL.com welcome screen as "Editor Reveals Best Cars to Finance."
Talking about the "best cars to finance" strikes me as a bit like talking about the best prescription drugs to freebase.
Among the winners: a...
The power of one ... percent
8:00AM 9/14/2009
Simplification, Retirement, Investing, Banking, Saving Money
Psychologically speaking, the number one doesn't do a whole lot for most people. Do you want ONE extra french fry? Do you have ONE dollar I can borrow? Can you spare ONE minute of your time? See it's hard for most people to get excited about the number ONE, which is sad because it's the loneliest...
Borrowing against a 401(k): a very bad idea
11:00AM 4/03/2008
As the threat of foreclosure continues to mount for many homeowners, the temptation to borrow against a 401(k) increases. Very bad idea, yet one that occurred to 13-19% more 401(k) holders in 2007. A recent article in CFO Magazine details a few of the ugly scenarios that can result.
Yes, many...
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