Q&A
Asked by Coryn
Answered by Julia Bussie
Financial Adviser in Del Mar, CA
Financial Adviser in Del Mar, CA
Short answer is NO. If you have to borrow
money in order to invest, then your financial
situation is not secure enough to be
investing. Investing in stocks and bonds
c...
Q&A
Asked by Apryl
Answered by David Meyers
Financial Adviser in Palo Alto, CA
Financial Adviser in Palo Alto, CA
Assuming a few things: (a) you have an
emergency fund (3-6 months of cost of living
in highly liquid risk-free savings of some
sort); (b) you've paid down all credit ...
Q&A
Asked by Angie
Hi Angie, I don't know how
handy/savvy/experienced your daughter is
regarding buying and selling real estate, but
in general, flipping houses requires some
pretty spe...
Q&A
Asked by Angie
Hi Angie! The best answer is...it depends. You
may want to consider doing a Social Security
review with an advisor to see what strategies
are available for beginning y...
Q&A
Asked by an anonymous user
Answered by David Meyers
Financial Adviser in Palo Alto, CA
Financial Adviser in Palo Alto, CA
It's not too late!
First -- make sure you
aren't carrying high-interest debt. Consider
paying off any credit cards which are bleeding
your wealth away.
Second -...
Q&A
Asked by Leslie
Answered by Stacy Marcus
CDFA™ CFEI™ in New York, NY
CDFA™ CFEI™ in New York, NY
The only way to save for the future is to
spend less. This is true regardless of the
source of your income. If your expenses are
greater than your income - regardle...
Q&A
Asked by Kathryn
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hi,
This is a great question, thank you for
asking it. We have several budgeting articles
here on MoneyTips that have been written by
financial professionals, here ...
Q&A
Asked by Liz
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hi Liz,
This is a great question, thanks so
much for asking it. As in any situation there
are variables that could affect the answer for
your specific situation. He...
Q&A
Asked by Selena
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hi Selena,
You may want to check out the
answer to this similar question, as it applies
to your situation as well.
My disabled
daughter currently collects SSI no...
Q&A
Asked by Kamie
J
Answered by Jay
You are allowed to open a retirement account
in your child's name, but he or she must have
eligible compensation.. According to the IRS,
contributions to all of the ch...
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