Search found 5 matches

by janice clonmell
Fri Apr 10, 2020 7:51 am
Forum: Bonds
Topic: the qualify of bonds during a crisis
Replies: 3
Views: 1709

Re: the qualify of bonds during a crisis

Why on earth would you invest in bond FUNDS for safety during a crisis? Funds can be mismanaged. Bond Funds can have a liquidity crisis during a run on the fund and crash. It seems to me the only way to buy safety in bonds is to buy and hold government bonds directly. Bond funds that own a lot of lo...
by janice clonmell
Sat Apr 04, 2020 11:27 am
Forum: Credit repair
Topic: Credit down due to debt to income ratio
Replies: 2
Views: 1697

Re: Credit down due to debt to income ratio

We have fallen behind on our bills and now my credit score is poor and I have tried several lenders, including Prosper and Lending Tree, as well as a few others and haven't had any luck so far. I have a good income but my budget needs to be reorganized so that we can pay down our debt as my credit c...
by janice clonmell
Sun Mar 15, 2020 9:47 am
Forum: Credit cards
Topic: Financial troubles with credit card debts
Replies: 2
Views: 1927

Financial troubles with credit card debts

Hi, My name is Janice and I live in Charleston SC. I’m experiencing financial troubles. I do have a job. I just keep having situations arise that build up financial matters and I get stick. I’d like some financial support or credit counseling if at all possible. I currently have two credit cards inv...
by janice clonmell
Wed Mar 11, 2020 11:32 am
Forum: Savings
Topic: I saved 60% of my income living overseas
Replies: 1
Views: 1371

I saved 60% of my income living overseas

I'm an educator but I don't rely on anyone but myself. For example, I lived overseas and taught in South Korea for 10 years. There was zero federal taxes, which as i learned from financial literacy classes that is incredible! I was paid $60k a year. In the states I'd be taxed 30%. That's about $18k ...
by janice clonmell
Mon Mar 09, 2020 9:09 am
Forum: Student loans
Topic: My financial advice which I learned for students
Replies: 1
Views: 1665

My financial advice which I learned for students

Hi, my name is Janice and i have some information to share. Most new college graduates have little with which to start real life, no savings, and some debt. Here is my free financial advice to them. STEP 1: Do enroll in the 401k at the earliest possible moment and make the maximum contribution. Some...