You might have noticed the value of your 401(k) drop significantly over the past year. Many are now considering to re-direct contributions to somewhere else until the economy gets settled. Some people are putting their 401(k) contribution to a more secure investing option.
Archive for March, 2009
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The Foreclosure-Prevention Plan: US$4-5million to Homeowners
March 8th, 2009 
Elisheva Wiriaatmadja During the housing boom, a lot of people bought their homes with less than 20% down. With today’s low rates, these homeowners have little or no equity in their properties whereas to refinance into cheaper loans, they generally need 20% equity. Apparently, from an article I found on Boston Herald, I read that because property [...]
2009 Global Financial Crisis (2/8)
March 8th, 2009 Elisheva Wiriaatmadja Prior to 1929, gradually people who never dreamed of investing in stocks started to doing so and stocks started to loose the stigma of being not so safe to invest in. This was the beginning of the worst stock crash ever known then.
This is the 2nd part of 8 parts of the global financial crisis video.
2009 Global Financial Crisis (1/8)
March 7th, 2009 Elisheva Wiriaatmadja In 1929 years of blooming prosperity ended in catastrophe. It was the biggest stock market crash since a long time. Now history repeats itself.
This is the 1st part video of 8 parts about the current global financial crisis.
Consolidation Loan – Does It Hurt More Than Help?
March 6th, 2009 Elisheva Wiriaatmadja A lot of people with a lot of credit cards and owing money on them all easily decide to apply for a consolidation loan. To some, it could work but before you apply for one yourself, there are some things that you had better consider first. Although your monthly payment will be lower by using [...]
How To Veer Away From Debt
March 5th, 2009 Elisheva Wiriaatmadja Some people actually think that shopping using the credit card is one of the best ways to save money, especially if the credit card has attractive rebates offers. But unfortunately, using credit card is the same as ‘borrowing money’ and this practice, whether through credit card or cash, does not at all help them to [...]
Comparing Interest Rates on Personal Loans Automatically
March 4th, 2009 Elisheva Wiriaatmadja If you are looking for a personal loan, the first thing you need to find out is what it is going to cost you. Going from one bank to another to find the lowest interest rate that you can get can be really time and energy consuming. Here is a video to show you how [...]
3 Strategies In Fighting Your Debt
March 2nd, 2009 Elisheva Wiriaatmadja The first thing you should do when you are up to the neck in debt, is stop denying that you are in financial trouble. The next would be stop blaming somebody else for being in debt so deep. Many people would blame their credit card company or parents or wife or kids for bringing you [...]
