Paulo_Go Posted January 16, 2007 Share Posted January 16, 2007 Savings tips for women Marshall Loeb By Marshall Loeb, MarketWatchLast Update: 12:01 AM ET Dec 29, 2006 NEW YORK (MarketWatch) -- Women live, on average, seven years longer than men. But they often don't have enough money to live on during those extra years. Women face different financial challenges than men do. They still only make about 76 cents for every dollar men do, and they are also more likely to take time off during their careers to raise children. Furthermore, women also invest less aggressively than men do.All this results in financial hardship for many women later in life. Susan Black, director of financial planning at eMoney Advisor, offers these tips for women hoping to improve their finances: * If you're married, don't leave the financial planning to your husband alone. "If your husband is taking the lead, that's fine. But stay involved as an equal," she says. Discuss your savings options with your husband and learn your financial options. * While the rule of thumb is that you should save 10% of your gross income each year, Black says that women should save 12%. This is to account for their longer life expectancy and the loss of wages many women face when they raise their children. * If you're a stay-at-home mom and your husband works, open up a spousal IRA in your name. Your husband can contribute to it on an annual basis, and you'll both have more money during retirement. * Make sure you have enough life insurance. Half of all marriages end in divorce, and three quarters of all women are eventually widowed. Have enough life insurance to cover at least five years of income. * Invest in long-term disability insurance. An unplanned illness or accident can cripple your finances. If your employer doesn't offer it, obtain individual coverage through an insurance company. End of Story Marshall Loeb, former editor of Fortune, Money, and The Columbia Journalism Review, writes "Your Dollars" exclusively for MarketWatch. Source Quote Link to comment
rdy1437 Posted January 30, 2007 Share Posted January 30, 2007 Guys I've been looking kung san ba maganda mag invest. Then I came across sa GS. I made a research and found out that "low risk" investment daw. meron na ba ditong nag invest sa mga Treasury Bills/Bonds? I also visited the websites of some of the banks like bdo, pnb and ucpb. though ndi pa ako personally nag inquire sa kanila. Tanong ko lang, what if I bought a Treasury bills/bonds with the said bank and then at some time nag file ng bankruptcy yong bank. Ano mangyayari sa binili kong GS? Maibabalik pa ba yong pera ko? Quote Link to comment
Guest lene Posted January 30, 2007 Share Posted January 30, 2007 Government securities are indebtedness of the National Government. The banks that sell them only act like agents; the securities are sold to you on a without recourse basis,meaning the bank is not liable to you directly. If the bank where you brought it from files for bankruptcy, I shouldnt be too worried since it is the National Government who is liable to you directly. Now as to how you will get your proceeds and how long it will take, I have no idea. But rest assured, you will get your money eventually. retail treasury bonds in the past were really attractive to individual investors but at the current market rates right now, i don't believe in locking up my money for five years at a very low rate. I would be better off investing in stocks or in uitfs/mutual funds. Again, just my two cents Quote Link to comment
rdy1437 Posted January 30, 2007 Share Posted January 30, 2007 thanks for the reply Quote Link to comment
FPJ_45 Posted January 30, 2007 Share Posted January 30, 2007 where can we get it??? what banks??? Quote Link to comment
Dr_PepPeR Posted January 31, 2007 Share Posted January 31, 2007 Almost all of the commercial banks and some thrift banks offer these. Go to their Treasury Department. Quote Link to comment
Pinoymale Posted February 18, 2007 Share Posted February 18, 2007 Has anyone tried investing in US GS? It's one of the options I'm considering. Thanks. Quote Link to comment
ninja_girl Posted May 17, 2007 Share Posted May 17, 2007 I recently created a blog in this regard Pinay Money Maker I think women should have time to research and read further about investments, banking, and even netrepreneurship. Quote Link to comment
loafer Posted May 28, 2007 Share Posted May 28, 2007 US GS is a good before it was below par. Now with the appreciation of peso, it is not quite attractive not unless you are investing for the long run. Quote Link to comment
paysek Posted June 24, 2007 Share Posted June 24, 2007 Hi Guys.. I need your advice pls... If you have U$ 5K where would you invest it? Thanks in advance for your help!!!! Quote Link to comment
aspogg Posted June 25, 2007 Share Posted June 25, 2007 I'd go for the stock market. 1 Quote Link to comment
bbgamay Posted June 25, 2007 Share Posted June 25, 2007 business.. boom sa ngaun advertising.. at yan dn field of expertise ko Quote Link to comment
dyodyo Posted June 27, 2007 Share Posted June 27, 2007 Hi Guys.. I need your advice pls... If you have U$ 5K where would you invest it? Thanks in advance for your help!!!! PM me, maybe i can help you specially if your an OFW.. Thanks! Quote Link to comment
loafer Posted August 1, 2007 Share Posted August 1, 2007 Hi Guys.. I need your advice pls... If you have U$ 5K where would you invest it? Thanks in advance for your help!!!! If I were you, I would wait for exchange rate to hit 45.50 or better and convert iit nto peso. I would then buy 5 year RTB with gross return of 7.125% pa. I won't recommend the stock market, even though it can give you a better return in the long run, not unless you know anything about it. Quote Link to comment
scooby91 Posted August 21, 2007 Share Posted August 21, 2007 Hi Guys.. I need your advice pls... If you have U$ 5K where would you invest it? Thanks in advance for your help!!!!if there's one thing they teach you in graduate school .. that's to always begin your answers with "it depends".. so.. 'its depend"...is that 5k - just an extra 5k or lifetime savings mu yan.. how much risk you can handle? Next thing would be, how long you willing to wait? The usual combinations are safe&long vs risky&short. Personally, id be more on the safer side for now... bond funds, RTBs.. once the market starts to wake up again... that's the time to "lock and load!"... cheers & trade safely Quote Link to comment
Admirer Posted January 3, 2009 Share Posted January 3, 2009 i have the cashflow game 101 and 202 that i just stumbled over the internet and then downloaded it... weeheehee.. lam nyo na cguro kung san un... hehe Quote Link to comment
bacsilog Posted April 3, 2009 Share Posted April 3, 2009 i have the cashflow game 101 and 202 that i just stumbled over the internet and then downloaded it... weeheehee.. lam nyo na cguro kung san un... hehe where did you got it sir? Quote Link to comment
jano31 Posted April 29, 2009 Share Posted April 29, 2009 hey san kayang site...? pm mo nmn saken.... Quote Link to comment
King Nothing Posted August 31, 2009 Share Posted August 31, 2009 and oh... just to add: the things RK wrote are applicable in the phils. Just read Larry Gamboa's "Think Rich Pinoy" ... he explained everything pinoy style ... he is cool and all, except that he NEVER replied to my little "fan mail" ... oh well, i guess i just have to wait for him to send me a fan mail someday then *lol* Good thing I read Larry Gamboa's book first! Now I will be reading the rich dad poor dad book. Quote Link to comment
Ka_Ambo Posted November 28, 2009 Share Posted November 28, 2009 pa post naman yung site to download cashflow 101 or paki pm na lang po Quote Link to comment
Loosemy09 Posted January 6, 2010 Share Posted January 6, 2010 Do you have cashflow homes in Detroit, selling for 10k? Is there a tennant in there? Property Management/ Let me take it off your hands. Quote Link to comment
partyinoc Posted October 25, 2013 Share Posted October 25, 2013 Invest in property. tapos! Quote Link to comment
PenetrayShawn Posted March 20, 2019 Share Posted March 20, 2019 does anyone have experience with the old and new versions of the cashflow 101 board game? am thinking of buying one but i'm curious if the new one is better than the old one. some online reviews say that the newer verion's rat race is more difficult to escape (which i actually welcome because i don't expect life to be that easy haha) Quote Link to comment
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