Archive for June, 2010

How many mathematics professors invested in stocks and bonds and certificates of deposit?

Most mathematics professors love to invest their hard earned money. A recent survey of 150 math professors revealed that
111 invested in stocks;
98 invested in bonds;
100 invested in certificates of deposit;
80 invested in stocks and bonds;
83 invested in bonds and certificates of deposit;
85 invested in stocks and certificates odeposit;
9 did not invest in [...]

Sue an accountant who filed your taxes incorrectly when penalty is involved?

An accountant who handled taxes did not report the taxable income correctly. Clients actually owed taxes but did not realize it. The IRS notified them a year later. The IRS is billing for the taxes owed and a near $2000 penalty which includes interest. Is it ok to sue the accountant [...]

What are some safe and easy options for investing $500/month for 3 years, to be used as a house down payment?

I’m hopeful that I can save $500 every month for the next 3 years in preparation of saving up for a down payment on a house. I have limited knowledge about investing money. What should I do with the money, and how much money could I reasonably end up with at [...]

How can any form of insurance function smoothly in a capitalistic society?

Health, Auto, and Financial insurance. How in a capitalistic society can everyone be happy since supposedly in capitalistic society YOUR MONEY is ONLY YOUR MONEY? Your money is what YOU have worked for?
Insurance there is no guarantee that you will get the most out of the coverage because you may rarely file a claim. [...]

What stocks are sure to skyrocket if we indeed have to go to war with North Korea?

It seems to me that certain stocks will skyrocket during war times. Which would be wise investments?

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What taxes do I have to pay working for minimum wage?

I’m planning on getting a job this summer, and I was wondering what taxes would be deductible from my pay check, just to get a rough idea of my actual earnings. I’ll be working in the state of Illinois by the way. Thanks!

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What is the best way to start saving/investing?

My wife and I are about to be through with all of our credit card and similar debt. We have a new mortgage, 2 years left on a car payment and some small student loans. We currently contribute to our companies 401K so that we can get the max match out of the [...]

How does the market trends influence the price of the stocks?

Trends in the economic markets influence the price of stocks in the stock exchange. How does this happen?

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Is there an insurance that just covers for chiropratic care?

I already have health insurance, but they do not cover any chiropratic care. I just need to know if I can get a separate insurance because I really would like to get my spine fixed.

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Is it worth paying more property taxes for a home I am planning to buy?

I am planning to buy my first home and there are some homes which have property taxes around 3k-4. 5K /year
There are some newly constructed homes(2004-2005 model) and they have higher taxes of around 6k – 7K/year.
1) Is it worth buying these newly constructed homes with those higher property taxes ?
2) Any other pros [...]