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Practical money tips for rocky times

Money is at the top of many minds these days, and that means questions are flooding my inbox. Here are a few answers that should help give a bit of clarity in this confusing and rocky economy. If you don't need the money for daily living, then no, don't pull it out of your 401(k), where it is protected and can grow, tax-deferred. What I think you're saying is that you want to move the money to a safe place. There's a lot of confusion over this because people think that a 401(k) or an IRA is synonymous with stocks. In reality, those accounts are just the basket for your contributions — you can invest the money any way you like. At your age, you should only have about 40 percent of that money in stocks. The rest can be in safer places, like the money market option within your 401(k).

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South Canterbury payout $1.6b

Makhlouf said the Crown was facilitating repayment of all of SCF's prior ranking debts along with all debt security holders in order to put itself first in line to be repaid by the receivers. RESTRUCTURE AND RECAPITALISATION FAILED SCF announced this

Community supervisors 'fear abuse'

last month, comes as the Government considers plans for a "rehabilitation revolution" which could see more offenders given unpaid work placements instead of short prison sentences. Harry Fletcher, Napo's assistant general secretary, warned that standards

Sino-centric credit rating agency seeks to shake status quo

government a higher credit rating, at AA+, higher than the US, the UK and Japan. In terms of debt repayment ability or debt to GDP ratio, the key indicator of sovereign credit rating, China's higher rating over the US is 'acceptable,' said Yu Yongding, a