Suze's back, and taking more questions
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Program Note: Suze Orman will be on AC360° tonight at 10pm ET to discuss how to keep your money safe.
Have questions about how the continued economic trouble and today's surprise Fed rate cut will change the market; affect your stocks, mutual funds, 401(k)... your job?
Submit your financial questions here for Suze Orman and watch AC360° tonight 10p ET to get them answered.
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Filed under: 360° Radar • Bailout Turmoil • Economy • Suze Orman • T1 |
About this Show:
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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Suze,
I was recently let go from my job and have since stopped contributing to my 401(k). I have some savings which I have put away in a money market account. I'm not sure how long it will take me to find another job. In the meantime, should I still be contributing something to my 401(k) or just keep my savings in the bank. I've lost several thousands of dollars already in my 401(k) and I'm not sure how I can regain especially if I'm not contributing.
Rachel
New Jersey
Me and my wife are buying a BMR Home through sacramento housing authority.I was curious we are putting a 20,000 gift as down payment should we also take the down payment assistence 3% defered loan it is defered until the end of the fixed rate mortgage and we actually dont need it but it was offered to us.So should we use it or not?
Suze, I am 51 years old and have now lost 41% of my 401-K retirement investment in the past few months. Should I stop contributing to my 401-K until things settle down and take that money and invest in something a bit more stable? Your advice is most appreciated!