I bought some ALTH and its in the SHITTER
This.
I bought some ALTH and its in the SHITTER
you guys are all worried about macro trends when you should really be keeping your eyes local. Krispy Kreme is killing it.
you guys are all worried about macro trends when you should really be keeping your eyes local. Krispy Kreme is killing it.
Remember how much people loved Krispy Kreme in the 90s?
you guys are all worried about macro trends when you should really be keeping your eyes local. Krispy Kreme is killing it.
Remember how much people loved Krispy Kreme in the 90s?
Hey guys, I'm looking for some basic financial advice. My wife and I got married last year and we're now just starting to sort through this stuff. We're in our mid to late 20's and currently going through some career transitions. We've been able to save a decent amount but haven't done much with it besides put it in a MMF.
Right now, we're both maxing out our 401k's to get full company match.
After that, should we put additional savings into a Roth or Traditional IRA (I know most people say Roth)?
Anything else we should be doing?
We're both possibly going back to school in a year or two or hopefully buying a home so we're trying to build a good foundation now. I'm not looking to day trade stocks to make a quick buck.
Appreciate your insight and sorry if I'm rehashing earlier debates, thoughts, etc.
Is school going to be full or part time? If its going to be full you guys should focus on getting money saved for living expenses. If its going to be parttime thinking about how you are going to finance the tuition itself is a big consideration as well. If it will be part time and you guys already have the money saved to pay for it then contributing what you can to Roth's is the best idea.
The EU does not have a central bank, unless you consider the IMF's unprecedented action as that of a central bank's.
Hey guys, I'm looking for some basic financial advice. My wife and I got married last year and we're now just starting to sort through this stuff. We're in our mid to late 20's and currently going through some career transitions. We've been able to save a decent amount but haven't done much with it besides put it in a MMF.
Right now, we're both maxing out our 401k's to get full company match.
After that, should we put additional savings into a Roth or Traditional IRA (I know most people say Roth)?
Anything else we should be doing?
We're both possibly going back to school in a year or two or hopefully buying a home so we're trying to build a good foundation now. I'm not looking to day trade stocks to make a quick buck.
Appreciate your insight and sorry if I'm rehashing earlier debates, thoughts, etc.
This is my point. Their crisis was/is very similar to our own. It too will ultimately be cleaned up, but it's going to take longer for the reason(s) which you gave an example of. The EU does not have a central bank, unless you consider the IMF's unprecedented action as that of a central bank's. It's reliant upon the decisions of the member countries using the same currency; in this case the Euro. There's 27 EU members. 23 of them use the Euro. Clearly, it's going to take much more time to flush each system's economy with cheap cash and incentivize business lending.
The original intent still stands. Soft spots ahead for the U.S. and even though Europe is feared, they (and Japan actually) have some of the cheapest stocks in the world relative to their book value. People get caught up in their own emotions. See this board 2 months ago talking about how they were getting rich on silver. Most people with an objective outlook trimmed their position all the way to the top, and then subsequently bought back in with all of the profits they had just made. Stay contrarian.
Is school going to be full or part time? If its going to be full you guys should focus on getting money saved for living expenses. If its going to be parttime thinking about how you are going to finance the tuition itself is a big consideration as well. If it will be part time and you guys already have the money saved to pay for it then contributing what you can to Roth's is the best idea.
Yes, I am. The ECB is a supervisory board way before it's an actual Central Bank. I'm sorry, it's not a Central Bank. It's governed by European Law, not Corporate Law. Furthermore, the EU does not have EU bonds backed by a central EU taxing authority. Each state sets its own rules and regulations. Any Open-Market operations it conducts are just used to keep stable the price of the Euro and help new Euro-Zone members transition from their own currency to the Euro. That's it. It has a title, but in no way, shape or form does the ECB operate as a central bank.
Trichet, himself said this morning that the ECB isn't set-up to have the authority of a Central Bank: http://www.nytimes.com/2011/06/03/business/global/03euro.html
“Would it be too bold, in the economic field, with a single market, a single currency and a single central bank, to envisage a ministry of finance of the union?” Mr. Trichet asked in Aachen, Germany, where he accepted a prize named for Charlemagne, who united much of Continental Europe.
From your article
It's a central bank, it does everything the FED does. He's basically asking for a EURO Treasury Department