Basics of Self-Directed 401(k)A 401(k) is a savings plan offered by employer wherein employees have the option to invest part of their earnings for retirement benefits. Some employers also make a corresponding matching contribution in the 401(k) plan. A traditional 401(k) offers a limited menu of investment options and in most case it is limited…
Becoming a homeowner is a rite of passage for many Americans. It’s a source of pride, an investment and a sign of success. Unfortunately, one of the first difficulties new homeowners or investors encounter is that homeownership goes hand in hand with repairs and home improvement projects. Calling professionals to continually care for routine problems…
We tend to think of burglars, storms and fires as the main threats to our homes and belongings, but sometimes the biggest threats to your home are within the home itself. Simple oversights like leaving a window open, leaving a stove-top burner on or failing to lock the front door can have terrible consequences.Your home…
Thailand’s economy has expanded around 3.3 percent in the second quarter, smashing forecasts which had puts growth at 1.7 percent. The figure was released by the National Economic and Social Development Board (NESDB) reflects measures taken by the government to boost the economy following last year’s flood and slow growth. Year-on-year growth has been of…
Although the world’s second largest emerging economy has provided investors with plenty of opportunities over the last few years, growth last year plummeted partly as a result of the country’s inadequate infrastructure. In order to address investors concerns, the Brazilian government yesterday announced a massive $65.6bn investment in its transport infrastructure over the course of…
After coming in for heavy criticism for hiding a series of transactions with Iranian financial institutions, Standard Chartered has paid off regulators in New York. The US has strict economic sanctions on the Iranian regime, and the New York Department of Financial Services last week said that the Hong Kong based bank had infringed these…
This May, it was reported that home prices jumped another 2.2 percent. Some industry experts are saying the housing market recovery is finally underway. By making do-it-yourself (DIY) upgrades to your home, you can increase the value of your home and take advantage of the recovering real estate market.Mistakes you shouldn’t makeBefore getting into what you…
Figures released this morning show that the German economy, which has held together the chaotic eurozone during the last few years of financial strife, has grown just 0.3 percent over the last quarter. Fuelled by domestic consumption and relatively strong exports, the rate is less than the 0.5 percent of the previous quarter, but more…
With many financial institutions coming under pressure to restructure their businesses in the wake of the last few years of economic turmoil, some firms have looked to separate aspects of their business in order to isolate the potential risks. JP Morgan, however, have announced plans to merge their corporate and investment banking divisions with their…
Originally targeting a share offering of between $16 and $20, Manchester United has been forced to cut down to $14 in advance of today’s historic flotation on the New York Stock Exchange. The Glazer family are eager to float Britain’s largest football club in the US in order to help service the large debts that…
