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Generally, investments are for long term savings, like retirement. That money should be left to grow for retirement and other goals. Current debts are money that you need right now. These are two different purposes. So, for the debts, reduce your current expenses, get a second job, or whatever and pay them down. Review your spending and do not exceed what you earn. In fact, you should have a rainy day fund, also. You will pay a 20% penalty for "robbing" the 401k and then find it hard to replace that money--most people are unable to do so and then end up in a bind at retirement. There are non-profit groups as well as online websites that can help you learn about this--I like MSN Money and the Tightwads Gazette.
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How can I use a debt ratio calculator to estimate my finances and investments?
A debt ratio calculator is a great tool to use to figure out how much you should save and how much you should invest. If you have a lot of debt, you should pay that off first.
What does the term bond funds refer to?
Bond funds refer to debt investments. Debt investments are mortgage securities and goverment. In other words it invested in some sort of debt.
What US Treasury bureau monitors the investments of national banks?
The Bureau of Public Debt monitors the investments of national banks. The Bureau of Public Debt was founded in 1940 and dissolved in 2012.
Which companies could help consolidation of loan debt?
Fisher Investments will help you consolidate your loan debt. If you owe anyone any money, Ken Forbes at Fisher Investments will give you a large lump sum of money.
Investments in debt securities are generally recorded at?
Cost including brokerage and other fees.
Which U.S. Treasury bureau monitors the investments of national banks?
the bureau of public debt
When should someone take out personal loans?
As long as the debt is able to be handled then someone can take out a personal loan at any time as long as their credit and debt history is accepted by the bank.
What is the difference between bad debt and good debt?
Good debt refers to investments such as home mortgages or student loans provided you can manage the monthly payments. Bad debt is debt incurred for purchases that you don't need or cannot afford.
Should you pay off your debt or invest?
You should only invest if you can earn a higher after-tax return on your investments than the after-tax interest rate expense on your debt. Otherwise, you should pay down your balance. See also article from about.com below that gives a few scenarios with hypothetical amounts and rates plugged in.
What is dept-for-natur?
Debt-for-nature swaps are financial transactions in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in conservation measures.
What is dept swapping?
Debt-for-nature swaps are financial transactions in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in conservation measures.
What is dept-for-nature swap?
Debt-for-nature swaps are financial transactions in which a portion of a developing nation's foreign debt is forgiven in exchange for local investments in conservation measures.
