Money Central Logo Money Central
This is the second part of a two-part story on safeguarding your investments in a market crisis. Read Part 1: Banks and Insurance.
MUTUAL FUNDS: (including money-market funds): No fund company has joined the growing list of financial institutions reeling from losses or requiring a bailout (at least not yet). But based on emails I’ve gotten [...]
You've probably spent a lot of time sweating over your 401(k) and IRA. But have you given much thought to the way Social Security will fit into your retirement plans?
Question: I’m 20 years old and have just started a new job. For the first time I now have the opportunity to participate in a 401(k). But with all that’s been going on lately, I wonder whether I should hold off signing up until things get better. What do you think? – Sarah, Las Vegas, [...]
Take our quiz to see whether you're on track.
Question: My company’s 401(k) vesting period is longer than I plan to stay at my job. Should I still invest in my 401(k) knowing that I will not receive any employer matching?
- Andrew, West Palm Beach, Florida
Answer: The short one is, Yes, you should still contribute to your 401(k) account even if there’s the chance [...]
The stock market keeps taking a hammer to the conventional wisdom about retirement investing.
Question: Can the rate you’re getting on CDs be lowered if your bank fails and your CD is transferred to another bank? I have a Washington Mutual CD that pays 5% and matures in September 2009 and I’m wondering whether I will continue to earn that rate now that WaMu has failed and JP Morgan [...]
Last year's meltdown was a sobering moment for 401(k) holders who were used to a market that only went up. Many of them thought of investing as risk free.
Question: I’ve been hearing a lot of talk of late about the safety of money market accounts, so I’m wondering if the money I have in a money market account with my bank is secure. Is it? —M.S., Atlanta, Georgia
Answer: I think your worries may stem from the possibility that that you’re confusing two types [...]
Question: I'm 25 years old and am considering upping my contribution to my 401(k) from 20% of my salary to 30%. My only hesitation is that I don't currently have any other savings. What do you think? Should I just go ahead and build my 401(k) as much as I can or should I set aside some savings in another account? --Jonathan M., Rockville, Maryland
Join Our Newsletter:

What is Money Central?

Money Central is an online community of people interested in making money online, personal finance management, and all other things related to money, capitals, and investing. Here you can publish news, share information, vote for or against stories or comments contributed by other project members.

Latest Comments
Money Central RSS Subscribers