Saturday, October 11, 2008
Your Money: Chris Farrell
With time on your side, stick with stocks
Q I'm taking a new job and I'm trying to figure out what to do with the profit-sharing I've earned with my employer. Should I look into opening an IRA to roll it into? Or just take the cash and pay the penalty, considering the state of the market? I'm entering a position financially where I can focus on investing. But is now a good time to get started?
Kara McGuire, columnist
Paydirt: Patience, not panic
For long-term investors the key to building wealth in volatile times is time in the market -- not timing the market. So just stay put.
Steals & Deals
Odegard's second rug warehouse sale
Rug buyers would be hard-pressed to find a better selection of high-quality contemporary rugs at lower prices than at the Odegard Inc. warehouse sale.
Money play for kids; cheap home improvement
The Dollar Duo checks out a play used as a learning tool for kids and cheap home improvement.
Dollars & Sense
Dollars & Sense: West Elm plants itself in Edina
The Twin Cities lands another contemporary home-furnishing store whose niche is somewhere between Ikea and Crate & Barrel.
Chris Farrell, Your Money
This credit crisis is no reason to ditch the IRA account
Thinking of withdrawing the whole works in your small IRA and paying the penalty? Stop!
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Spending, saving, and getting ahead for 20- and 30-somethings.
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Have a financial tale of woe or wisdom? We'd like to hear about it. Call 612-673-7293 or send us an e-mail.
Do you have questions about personal finances? E-mail your questions to kaching@startribune.com.
Business headlines
- Credit squeeze slams many businesses
- Bush, allies seek to calm jittery investors
- Bankruptcy: A bankrupt system?
- College debt a heavy burden
- Paydirt: Patience, not panic
Columnists
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CHRIS FARRELL
With time on your side, stick with stocks
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Your Money columnist: Kara McGuire covers personal finance and money matters. Her column about spending, saving, and getting ahead, appears in the Star Tribune's business section, Ka-ching! on Sundays.
Money questions? Financial concerns? Check out Kara's personal finance blog, Ka-blog! or send her an e-mail kara@startribune.com.
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