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Compare the scenarios of investment versus prepayment by examining the 60th payment, which occurs at the en? |
d. Compare the scenarios of investment versus prepayment by examining the 60th payment, which occurs at the end of the fifth year. What is the difference between the (a) interest portion of that payment, (b) tax deduction for interest, and (c) principal balance? Finally, how much is in the investment account? how can you expect us to do your homework when we do not have all of the details!!! X |
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Diversification's fantastic, with luck a well diversified portfolio can match inflation ,maybe even real estate. ...What kind of an account do you have? If it is a brokerage account, you can sell your stocks at any time even same day, but not too often that. You can call your broker and tell him what you want... capital one savings, they have a variety of accounts with good interest depending on how you want to tie it up. You either have to call them or write to them to get your money out tho! ...check out some of these..... ...Interest bearing, money market savings. Interest will not be high. Search the internet for the highest interest rate. Deposit a bit more each month so as to leave a balance when you make the wit... A US citizen is required to disclose all interests in foreign-based investments, including bank accounts and real estate. You must declare all your income to the IRS, whereever it originates. If yo... if you do not have a roth ira -- put 5K in it for the 2007 tax year and 5k for the 2008 tax year -- even at 4% since the interest in not taxable you will be reaping a great return!!! ...Not really. But what you can do is open a bank account in Canadian dollar. EverBank an FDIC insured bank has World Currency account would allow Canadian dollars. ... |
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