Comments on: Submit your question: What do you want to know about this week’s financial news?

By: Aparna

Aparna — Thu, 09 Jul 2009 14:21:28 +0000

Hi Ramit,

I do have 401k. I am confused whether to open Roth IRA as we are going back to India. Does it make sense to open long term investments here? If we don’t we will be wasting 4-5 years of investments.

Thanks.

By: Diego

Diego — Thu, 09 Oct 2008 22:17:43 +0000

Why don´t you answer?

By: H

Mon, 29 Sep 2008 13:11:24 +0000

I am getting more and more fed up with Wall Street: The financial markets at Wall Street in combination with the global marketplaces have become such an interwoven, giant, monolithic, extremely complex and as recent history shows, extremely fragile marketplace. Often even financial experts lack insight and comprehensive understanding of all the interdependencies, so it is no surprise that a increasing number of private investors are getting more and more at unease with the lack of transparency. I am proposing to go back to basics: Move the money from this macroscopic, behemoth and abusive market back into small businesses on main street. Brick and mortar usinesses with nuts and bolts, that are in expansion mode. It is transparent, easy to understand, you see your money at work, and often, your investment will be secured by the assets of the business.

I’d characterize this philosophy as Micro Economic Investing.
http://invest4real.biz/financialmarket.html

By: Ramit Sethi

Ramit Sethi — Sun, 28 Sep 2008 06:36:46 +0000

Yes

By: Amanda

Amanda — Sun, 28 Sep 2008 01:27:07 +0000

i am going to school for real estate and i’m so confused! the maket in all reality isn’t too far from crashing and yet i need to make money. am i just wasting my time with real estate?

By: Nick

Nick — Tue, 23 Sep 2008 05:44:25 +0000

If investment-based banking is done, how will Fortune 500 companies be affected?

By: Leslie

Leslie — Mon, 22 Sep 2008 19:35:10 +0000

With the financial chaos this past week, I’m wondering if now is a good time to buy some corporate bonds. Any thoughts on that?

By: Pierre

Pierre — Fri, 19 Sep 2008 22:12:15 +0000

Dear Ramit;

My mind agrees, ‘wholeheartedly’, while my spleen is ready to vent against the interminable costs of bailing-out the foolishness of others.

Clear purpose first: Namely, short-term savings, gold, and Suisse Francs. Agree?

Ubiquitous craving second; ever hear of the Boston Tea Party?

One can do both and keep a sound mind.

Best Regards,
Pierre

By: Mike

Mike — Fri, 19 Sep 2008 19:56:57 +0000

When you say that savings accounts are insured by the FDIC so don’t worry, what happens if there is a bank run? How long until you receive a check from the FDIC? How much does the FDIC have to send out to for insurance claims? It seems unlikely they have enough on hand to settle all claims if there is a serious run on multiple large banks. Please explain how this works and whether you should have hard cash at home as part of your emergency savings. If so, how much?

By: Kunal

Kunal — Fri, 19 Sep 2008 04:53:42 +0000

I think its impossible to lay off such changes in the stock market.. It is alwyas wise to invest it in mutual funds, fixed deposit accounts.. Only a small percentag of my money make it to the stock markets with clear guidance from big financial institution who i pay some money to keep me updated.
Investments in the real estate markets are again a big risk i think. As for the site only thing i can say is i’ll keep coming back to read more tips. Ramit u r good.
Thanks for all the articles.

Kunal