Personal Finance Roundup

Your magic number for retirement [MSN Money] “A new calculator reduces all your retirement planning to a single figure. It’s a handy and useful guide, but can you handle the answer?”

Five Places to Put Your Cash to Work [The Street] “Here are five ways to get the best income from your emergency fund.”

What Kind of Life Insurance Should I Buy? [Free Money Finance] “Want to know which is better for you — term or cash value life insurance? Read on.”

The best cars for your money [CNN Money] “We asked the experts at IntelliChoice.com to pick the 5 best car values – not just in price but also in the cost of ownership over five years.”

How to get a job that’s way beyond your experience [Brazen Careerist] “You should always reach for a job way above you, but do it in a way that makes you seem like a reasonable candidate. Here are some tricks.”

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(Photo: Strobist)

Comments

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  1. B says:

    I never would have guessed the Corvette or Tahoe as the best value. Do they consider trade-in cost at the end of the period?

  2. heavylee-again says:

    @Five Places to Put Your Cash to Work:

    ING Direct savings accounts are about 3%, are FDIC insured and is a regular savings account. Why buy CDs if savings accounts are available at this rate?

    I’ve had several ING savings accounts for many years, and when things were booming, the rate was close to 5%. They stay very competitive.

  3. sir_eccles says:

    @heavylee-again: Aren’t the regular saving accounts variable rate as opposed to the CD which would be a fixed rate over the term? I suppose it depends if the Fed is in a rate lowering mood or not.

  4. bjarmson says:

    @B: Yeah, I was kinda impressed at first, then the Toyota Avalon, followed by Chevy Tahoe and Corvette. It is CNN after all. Probably looking more to the ad bottomline then seriously listing the best cars for your money (one of their “categories” is “Best for Midlife Crisis,” WTF).

  5. bjarmson says:

    C’mon Cosumerist. Let’s have less of these bogus posts. The car one was ridiculous, and I just glanced at the Five Places to Put Your Cash to Work and they’re either obvious, or in the case of the 5th place is actually a place not to put your money. So the title should be Four Places to Put Your Cash to Work, and One Place Not To Put It.

  6. heavylee-again says:

    @sir_eccles: Yes, they are variable rates, which is a second reason why they’re a better deal than the CDs the article mentions. If the CD rates are between 2.5% and 3% like the article notes, then your money is locked in to that rate as ING’s goes (slowly) back up past 4%.

    The other reason (in case someone is wondering) is that money in a savings account is much more liquid than in a CD, which is part of the premise of the article.