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category: General, question by: Laura, posted on: 9th May 2012 10:24:34 pm

Q. Should I buy a house before or after market correction? Unanswered

I no longer need a large family home due to kids leaving the nest. Prop values are up in my neighborhood so I'd like to sell now while the markets are high and interest rates are low. I want to buy a smaller house but can wait in case there is a significant market correction this year.
Will a market correction (or worse) bring lower home prices ?

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category: General, question by: Elmer Peterson, posted on: 8th May 2012 07:11:43 pm

Q. 401k Unanswered

I have a 401k self directed and want to draw out money to buy a home will i still have to clame it as income at the end of the year? if so how much taxes would i have to pay.

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category: Financial Planning, question by: Tim, posted on: 16th April 2012 11:12:53 am

Q. Fixed Pension Unanswered

I have $1500.00 monthly in a fixed pension.
How much more money do I need to save,or set aside, to give myself inflation adjusted raises?
Assume 3.6% to 4% inflation,
saving interest = inflation rate,
30 years in retirement (withdrawal)
Please give me a formula so I may adjust those variables.

Thank you,
Tim

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category: General, question by: Meena, posted on: 6th April 2012 07:18:39 am

Q. Could not pay timeshare maintenance fee Unanswered

I have a question regarding timeshare.
Me and my husband bought timeshare in las Vegas 15 years back (we were new to USA and also naive)

For the past 15 years we have NEVER used it even for a day. But have payed it in full "12000$". And have been paying regular maintenance fee of 490-650$ a year.

Now, the financial situation is not so good and we feel that the money is just going into drain. We have tried selling this timeshare but got into horrible scams and have lost several 1000s of $$ with agencies promising us to sell this for us.

How can we get rid of this. Can we just stop paying maintenance fees???? What happens if we do so?

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category: General, question by: David, posted on: 15th March 2012 12:04:38 am

Q. financial advice Unanswered

Is there such a thing as company that will look after your finances to get back on track that would take care of the bills and control what you spend per week. Budget for you.

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category: Business Finance, question by: Vanria, posted on: 28th February 2012 05:34:21 am

Q. LIBOR Unanswered

Suppose that 3 months from now company A plans to borrow $100 million for 1 year at an interest rate of LIBOR plus 100 basis points with current LIBOR being 10%.
(a) What is the funding risk that A faces?
(b) Suppose that A enters into a 3-month Forward Rate Agreement with B for a notional principal of $100 million. Terms of FRA are as follows: If 1-year LIBOR exceeds 10% 3 months from now B must pay A. If 1 year LIBOR is less that 10% 3 months then A must pay B. How can this FRA eliminate the rist that you identified in part (a) of this question

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category: Credit and Lending, question by: greg, posted on: 15th February 2012 08:46:13 pm

Q. relief Answered

is it better to go thru a debt consoladation program or to refinance my houds at a lower rate and roll in the credit card debt?

answer by: dissgojl, posted on: 15th March 2012 05:30:10 am

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category: General, question by: graham hales, posted on: 14th February 2012 01:01:48 am

Q. All ords sv Dow Jones  Answered

The All Ords is currently around 35% lower than 2007/8 high yet the Dow Jones is only 10% off their 2007/8 high and their low was a lower %. Why when Australia is considered one the best performing countries in the world and have low debt and unemployment. Graham

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category: General, question by: Leona, posted on: 11th February 2012 11:42:10 pm

Q. New heating system Answered

Our heating system recently quit. The electrician says it is a total loss. I need new wiring, ductwork, a whole new system, electrical box. Equipment and labor will cost 7176 dollars. They have financing available for 26.9 percent interest. I already have a large amount of debt in credit cards. The weather is farily mild this year we could wait until fall I just don't know what to do. I would love the system but the debt would kill my budget what should i do?

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category: General, question by: Anthony Lomangino, posted on: 6th February 2012 04:03:43 pm

Q. Debt payoff or Savings Security Answered

I have wife & 2 kids. I have 3K in my savings & 16K in Credit card Debt & 26K in HELOC debt. I am getting 10K back on Taxes. Should I pay down 10K in debt (still only leaving me with 3K in Savings) OR do I have put towards Savings so as to have some sense of financial security for emergencies & continue paying minimums on my debt?

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