finance investing
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Real Estate Investing
Asked by L.M. from Minneapolis
on April 7, 2008
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My husband and I have three children 10, 4, and our youngest will be 3 in June. He is a school teacher and football coach and also works part time at Green Mill waiti...
Answers
- Hi L.. You've gotten some good advice already, but here are a few things I'd add: 1. Interview several Realtors and find one with a lot of experience in inves...
- I think this is a really good time to do this. Home prices are so low with the many foreclosures, etc. You can buy a home and fix it up. The market has to go back u...
- I only have the experience of growing up with a mom who started a business doing this. She started with a friend and they bought 2 houses side by side (actually I thin...
Need Real Estate Investing Advice!!
Asked by G.L. from Wichita
on March 7, 2008
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I bought a fixer up property and now I can't find anyone to loan me the money for the repairs so I can sell it. My credit is awful after a divorce, and was hoping thi...
Answers
- My husband has been investing in real estate for almost six years and he could probably help you. I already talked to him about your situation and he would be happy t...
- What county are you in? There are grants in the various counties that are for low income families that'll help them to get the assistance they need to get the things ...
- I agree as the other person said, We have done the same, and got a construction loan on the property. This gave us working capital while we fixed it up, and didn't hav...
Investing in Real Estate
Asked by K.A. from Philadelphia
on August 5, 2011
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Hey Mamas
Does anyone have any advice/knowledge on how to go about buying a few investment properties with no money down? My husband and I are interested in gettin...
Answers
- There are many ways to buy a house with no money down but you would need to be real estate or money savvy to do so. With the financial institutions now again having a ...
- Are you sure you want to go in with no money down in a questionable real estate market? If the market drops at all you'd be upside down on your mortgage right away! ...
- My understanding is that you must have a hefty down payment now to qualify for a second mortgage. If you have cash to buy a property out-right, do it. If not, don't.
Seeking Advice on How to Buy Stocks
Asked by I.K. from Los Angeles
on December 2, 2008
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Hello All,
My husband and I are looking for an advice on how and where to buy a few stocks. With the economy not doing so great lately and stocks are dropping in v...
Answers
- Check out www.suzeorman.com she has lots of good advice! I pasted the following. Good luck! M. Client Beware: How To Choose A Financial Advisor (1) Any financ...
- Unless you are a multi-millionaire with millions in cold hard cash and have been tracking a few specific stocks for years, I suggest you stay away from individual stoc...
- Well it sounds as if you are not to knowledgable on this issue, so I would suggest to not buy them on your own unless you really know what you are doing. Go to someone...
Info on 529 College Savings Plans
Asked by B.R. from York
on November 9, 2009
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Hi everyone! We just had the baby baptized and received some money as gifts earmarked for the baby's college fund. Someone mentioned that we should open a 529 saving...
Answers
- This is the official Pennsylvania 529 website: http://www.makecollegepossible.com/ We have a 529 for our son through the state (our financial advisor set it up, ...
- we use our finance guy, he is out of philly i believe, its not near us, but he was a friend of the family so we use him. not sure if that is near you. its pretty si...
- Hi B.! Just really wanted to encourage you to start a 529 Plan NOW! We waited til our son was about 4. The stocks have all recently been tanking, but remember, it's...
IYO What Are the Jobs/careers That Has the Best Retirement Benefits?
Asked by N.N. from Detroit
on March 14, 2012
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Jo W post (I don't want to go to work) has me thinking about investing and retirement. What are you doing or what did your parents do in order to make sure that they w...
Answers
- My husband was in outside sales for years with raw materials. In 2005 we had an opportunity to slowly start our own LLC with brokering raw materials, consulting, etc. ...
- Which post? I know that public union jobs are about the last hold out for the defined benefit plans. Can't get better than that. In the real world anything tha...
- Well I work in the retirement plan administration industry. Pharmaceutical companies typically have excellent retirement plans, as do finance companies. The downside i...
Need Suggestions: Kid Books on Financial Future Building
Asked by M.V. from Honolulu
on July 12, 2008
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During this school year, which started in April for us, my 10 year old daughter is studying books on kid businesses and finance as one of her electives. I need a lot ...
Answers
- Warren Buffet has a website for kids. I don't recall what's it's called but google it. I think it's great that you're doing this now.It's something that McDonald's...
- Robert Kiyosaki 'Rich Dad Poor Dad' has a board game called 'Cash Flow'. There is a version for adults and one for children. A lot of fun. Check out www.Richdad.com Te...
- Some great links for you http://www.heyyougetreal.com/ebookforfamily.htm www.theprosperityexpress.com http://www.heyyougetreal.com/kidsdomakecents.htm ht...
Does Anyone Have Any Experience with an at Home Job?
Asked by J.L. from Norfolk
on January 12, 2007
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I have done alot of research on this. Well, i did that quite a while ago, but you cant really seem to find out anything useful. I am willing to pay a company somethin...
Answers
- J., I don't know if you have found work yet since this is another year later but I wanted to send this to you anyway. I have found a great job. I started my own bus...
- Hi J.! I work from home with a few different companies doing various things: customer service agent, administrative projects, etc. Here are some companies that I w...
- Hi J., There are many things you can do online, but watchout. One thing I know for sure is The MOM Team is awesome and we have a lot of fun....
Just Curious: What Would You Do With...
Asked by L.E. from Los Angeles
on August 15, 2011
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$100,000? Here's the catch: it HAS to be a business investment. Can't pay off your mortgage, can't buy stuff, can't send your kids to school. If someone gave you $100,...
Answers
- I'd probably open up a used and rare book shop, which would, of course, have to rely heavily on internet sales (unfortunately). If it seemed like a good location and ...
- Most likely to start a business. DH has wanted to own a business for as long as I can remember. He has a few ideas, one with a business plan & website already create...
- I think I'd spread it around a bit. I've been wishing I had some money to put in one of those green investment things, so I could support companies working on alternat...
Paying for Child's College Tuition?
Asked by M.H. from Raleigh
on November 21, 2010
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Another question on here (about size of family) got me thinking about what the "norm" is for college and children paying these days? I know that every family handles i...
Answers
- My parents paid for both my college education and my brother's 100% and it did not cause us to take it any less seriously. Maybe it's more about the values you instil...
- We're in kind of an odd boat, because we homeschool. In our state it's FREE for highschool students to take as many college courses as they wish (in our state it's cal...
- People have a lot of different views on this topic. You have to do what you feel is right for your family. My husband and I feel it is our parental obligation to g...
