I don't have a lot of debt or expenses, so my income keeps piling up in my checking account. Unfortunately, I don't know much about finance or investment. I want to make sure that I don't lose money year over year because of inflation, but pretty much all the CDs and savings accounts I've seen have an APY lower than the inflation rate (which is >= 1.5% according to various websites). I don't care about playing the stock market; all I want is to avoid losing my money through inaction. How do people in this situation keep up with inflation while at the same time minimizing their financial risk?
posted by archagon on May 16, 2013 - 15 answers

I'm hoping for some information more then advice on investing in Canada. Really really basic investment information. [more inside]
posted by Dynex on Sep 4, 2012 - 4 answers

I have $20,000. I want to do something to make this money grow. Ideas? [more inside]
posted by Atlantic on May 8, 2012 - 24 answers

I have an interview next Tuesday with a investment firm. The position is Executive Assistant to the CEO. When they ask me where I see myself in 5 years, what do I say? [more inside]
posted by anonymous on Feb 10, 2012 - 21 answers

Canadian RRSP filter: Does the Home Buyers Plan actually make sense? Can you crunch the numbers on my behalf? [more inside]
posted by Mrs. Rattery on Jan 24, 2012 - 12 answers

What can you tell me about your experience with tax lien sales? [more inside]
posted by kookywon on May 21, 2010 - 2 answers

I need to know what my options are for moving this thing, given that I have a negative net worth. Can I roll it into another brokerage-style Rollover IRA at a brokerage firm, not a bank, and avoid the money laundering law stuff? Or am I relegated to Bank IRAs until I'm out of school debt? Do I suck it up and take the $75/month hit until I can start depositing money again (I don't know when that will be), and hope that the investments make up the difference in the long run? I haven't lost as much as most in my portfolio, and I know I have time to make up the losses, the monthly fee just seems like an unnecessary loss I should be able to avoid. [more inside]
posted by blue andrea on Apr 20, 2009 - 5 answers

Should my savings be in a tax-free ISA or in a normal savings account with higher balance and higher interest? (I'm terrible at accounting maths.) [more inside]
posted by snarfois on Oct 22, 2008 - 10 answers

Seattle Filter: Looking for a Financial Planner to assist twenty-something newlyweds with combining finances, investment strategies, etc. [more inside]
posted by Smarson on Jul 13, 2007 - 2 answers

A friend needs to find a good place to park some money that will ultimately be used for house down-payment purposes. Help me come up with a few good investment options. [more inside]
posted by killdevil on Jan 26, 2007 - 23 answers

My boyfriend recently received $25K as part of a settlement after his father's death, and he'll be filing the FAFSA for graduate school soon. [more inside]
posted by hamster on Jan 10, 2007 - 6 answers

I am looking for good, active websites for financial advice, tips...community run unbiased sites where members are free to post their views would be good. I did a search and cannot find anything interesting. I am already aware of fool.com. Any others?
posted by ataraxian on Mar 4, 2005 - 8 answers

So Lucent got fined yesterday, to the tune of mamny millions of dollars, byt the SEC for the criminal euphemism of Account Irregularities.
Like other high profile SEC investigations, why do they always mention the fine, but never discuss where the funds go?
Are they used to offset the defrauded investor's losses? Or does the gov't turn the investor's loss into it's gain by keeping the fine for its own purposes?
posted by Fupped Duck on May 18, 2004 - 3 answers