Comments on: Reader Mailbag: Audio and Distractions

By: Fred

Fred — Fri, 29 Jun 2012 19:40:22 +0000

Q8: Chances are the more recent credit card offers that you’re getting in the mail are a much better product now that you’ve established a bit of a (positive) credit history. By better card I mean your rate might be lower if you carry a balance or perhaps there is a reward component that you can take advantage of. Most likely you’re not going to get a better rate AND rewards though.

By: Fred

Fred — Fri, 29 Jun 2012 19:39:58 +0000

Q7: Chances are the more recent credit card offers that you’re getting in the mail are a much better product now that you’ve established a bit of a (positive) credit history. By better card I mean your rate might be lower if you carry a balance or perhaps there is a reward component that you can take advantage of. Most likely you’re not going to get a better rate AND rewards though.

By: jim

jim — Thu, 28 Jun 2012 19:52:21 +0000

Q1 Julia : I wouldn’t take out loans that are more than 2x your expected salary.

By: Cam

Cam — Thu, 28 Jun 2012 18:39:14 +0000

Q10: wouldn’t it be better to invest in a mutual fund that focused on dividend producing companies? Also, he can open an IRA, make it non-deductible, then transfer it at the end of the year to a Roth IRA. If nothing else, the 401K helps him defer 15K in taxes which he can’t do anywhere else.