401K Financial Planning

Tiffani asked:

Okay I’m 24, no kids living with my parents… soon I’m going to be ready to move out, right now I’m saving all of my money to be able to do whatever I choose…I have a grand prix with over 120,000 miles on it and it’s starting to fall apart should I buy a new car or fix the one I have?


Question posted courtesy of: Kurt

ra3000gt asked:

I just graduated from college, I have about $3,000 that I could use to invest. I’ve never done any investing. Can anybody please tell how I could invest so that I can generate a nice amount of money without taking too much risk? which company should I use? are mutual funds the best way to start? thanks


Question posted courtesy of: Micheal

navjot asked:

Buzzo Ltd started in business on 1st January 2006. It bought 200 units of stock for £5 a unit on 2nd January 2006, 500 units of stock for £6 a unit on 10th January 2006, 300 units of stock for £4 a unit on 10th February 2006, and 500 units of stock for £10 a unit on 14th April 2006. On 24th January 2006, it sold 600 units of the stock for £8 a unit. On 1st March 2006, it sold 200 units for £7 a unit. On 1st June 2006, it sold 400 units for £12 a unit. These were its only transactions during 2006.

What was its Cost of sales for 2006 using the FIFO method of stock valuation?
what is the valuation of Buzzo Ltd’s closing stock on its balance sheet on 31st December 2006?
what was Buzzo Ltd’s Cost of Sales for 2006 using the LIFO method of stock valuation?
what is the value of the closing stock in Buzzo Ltd’s Balance Sheet at 31st December 2006 using the LIFO method of stock valuation?


Question posted courtesy of: Jerome

counterfox3 asked:

hi all,
i need suggestions on what is the most effective way to manage stock in a order system.

i have tblcustomer, tblorder, tbl,order line,tblstock, tbl supplier

so far i have built an update query which has the orders table and stock table and in the “current stock amount” field in the update part i put stock![current stock amount]-[order line]!quantity
and theres a parameter for entering order ID

so wud it be better to create a button in the orders form to run this query so its used every time an orders made?

i have a “quantity to order” in my stock table whats the best way tto manage this without manually entering it?

whats the best way to produce a stock report showing what needs 2 be ordered

or have i got it all wrong?

please can everyone who answers put it in simple steps please

and thank you for all who answer


Question posted courtesy of: Randy

The Great Gate asked:

On June 1, Herrera Inc. issues 2,800 shares of no-par common stock at a cash price of $9 per share. Journalize the issuance of the shares assuming the stock has a stated value of $1 per share. (For multiple debit/credit entries, list accounts in order of magnitude.)
Debit Cash For $25,200
Credit (BLANK) For $22,400
Credit (BLANK) For $2,800
It is weird because all the amounts are correct. Those dollar amounts are correct and debit cash for $25,200 is correct. But…..I put for the first (BLANK) Common Stock and it was incorrect and I tried to put for the first (BLANK) Treasury Stock and it was incorrect again. Second Blank I put paid in capital in excess of stated value and also incorrect. My options are dividends payable, retained earnings, common stock dividends distributable, common stock, cash, preferred stock, paid in capital in excess of par value, paid in capital in excess of stated value, and treasury stock. Good Luck!


Question posted courtesy of: Clyde

counterfox3 asked:

ok i am building a database where it has orders and stock. so far i have dont the orders bit and im stuck on the stock bit.

i created an update query to delete stock from “quantity” of a item sold when i click a button in the orders form eg. write order in form and click the update stock button i made and a parameter to enter order id then the stock table gets updated.

what i want to know is is this the right way of going so far?

and i have a “quantity to order” field in the stock table and a “Order limit” field. What i want to happen is when the “order limit” has gone through in the “current stock level” i want a message or summin 2 say that the order limits reached and then a report can be made to show what needs to be ordered for it.

or is this a bad idea?

hopefully i dont need 2 program and all suggestions are very much apprieciated.

thank u to all who answer


Question posted courtesy of: Ronnie

hahaurgay asked:

can you give me 2 advantages of investing in a post office,desposit acount and a credit union?I need 6 different reasons


Question posted courtesy of: Robin

H E Yy asked:

Which cars would win a quarter mile drag race ?

Stock Evo Xi Vs. Stock Corvette C6Z06 .
Stock Evo VIII VS. Stock Corvette C6Z06.
Stock WRX Vs. Stock Corvette C6Z06.
Stock WRX STi Vs. Stock Corvette C6Z06.
Stock 350z Vs. Stock Corvette C6Z06.

Only people who can take me seriously, please answer this question .


Question posted courtesy of: Bobby

amy y asked:

I have this loser mutual fund in my traditional IRA which I have owned for 2 months shy of 1 year, so 10 months or so.

I understand, if I own a stock for less than a year and sell it off, higher tax would be imposed on capital gain since it’s a short term, but what about mutual fund?

if i sell it now, would i be imposed high tax just like stock?

fyi, i actually lost some $$ on this mutual fund over the past 10 months.


Question posted courtesy of: Ella

Niceperson101 asked:

Im 16 and i wanted to start investing my money in mutual funds or stocks but i dont know what to investy in and i wanted to know are there any companys or websites that allow you to invest a certain amount of money every month and then they invest it up in things they think wiull do well?


Question posted courtesy of: Alfred