Articles Tagged ‘personal finance’
Between 1992 and 1994 alone, insurers’ share of 401(k) plans slipped from 34% to 30%, while mutual funds’ share leaped from 26% to 37%. Tax-deferred annuities sold by insurance companies fell in share of Americans’ total retirement assets to 16.61% in 1996 from its peak in 1990 of 22.56%. In individual retirement accounts, while banks’ market share fell dramatically from 61% in 1985 to 18.4% in 1996, insurance companies saw mutual funds and brokerage houses gain the fattest slices of the banks’ loss.
So many people like the thought of investing, but worry that they don’t have enough money to start, that they can’t afford it. As a matter of fact, once you really start to look into it, you may be surprised by just how much you actually have. That’s why the first step to getting ahead in investing, is to monitor your finances!
Gold continues to be treated as being a financial instrument for many generations. Reason? It has no intrinsic value, only the value that worry attached to it: worry of inflation, worry of war and paper money devaluation. No one would like to see the repeat of the horrible experience of many German citizens with their investments in worthless Papiermark in 1920′s? Buy gold, but only at the suitable timing.
By having a 401k plan the money will come from the hours you work. Most people find that it is much less painless to have the money taken out from their paycheck so they don’t have to part with the cash a later date.
I think you’ll be shocked by what you’re about to read. Yearly cybercrime profits and damages have reached a trillion dollars. That is according to U.S. Senate testimony citing FBI data. Most people probably think they are somehow immune to being affected by cybercrime. But consider that Google was hacked this year. If Google is vulnerable, you are too.