China, the economic, financial
I want to live comfortably and travel 5 times a year without ever working or running a business.
That means I need $ 400,000 interest per year.
So how much money do I need to save in a bank savings account.
I want to live comfortably and travel 5 times a year without ever working or running a business.
That means I need $ 400,000 interest per year.
So how much money do I need to save in a bank savings account.
I want to live comfortably and travel 5 times a year without ever working or running a business.
That means I need $ 400,000 interest per year.
So how much money do I need to save in a bank savings account.
Since I owe chase bank $500, I can no longer use my checking account. So I have no place to deposit checks. I do not want to deposit any money in my savings account with Chase because I am afraid that they will empty out my savings account also.
I am a 22-year-old student beginning my PhD next year. I have recently acquired ~$18,000 that I do not need at the moment. It is sitting in my savings account right now earning 4.25% interest. I am not planning on marrying or buying a house for at least another 5 years, but I would like the money to be somewhat available just in case things change. I am more concerned with ensuring that I don’t lose money than with it growing significantly. Should I keep it in the savings account or look into mutual funds, stock market, etc? Canada Savings Bonds currently have a lower interest rate than my savings account, so that doesn’t make sense to me. Thanks for your input.
I accidentally had someone wire money to my saving’s account that I closed about a year ago ’cause I switched to Money Market. Does anyone know what would happen? Thanks!
I accidentally had someone wire money to my saving’s account that I closed about a year ago ’cause I switched to Money Market. Does anyone know what would happen? Thanks!