Car Trouble

Now that my mother-in-law is here again in town, I come to rememeber my old Toyota Corolla.  The car which was handed down to me after hubby had bought his own Toyota Innova.  I had been using it for years without any major trouble until one time when I drove MIL and SIL to the mall for some shopping.  We were at the middle of the road when suddendly the engine stopped.  I certainly know how to drive but totally ignorant when it comes to car engines and parts.  I tried to pull over by the side of the road but couldn’t start the engine.  Embarassing though, SIL  struggled to push the car by herself but didn’t quite move an inch.  Until some kind hearted men helped us out. 

Fortunately,   a towing service was readily available and it was easily brought to the Toyota  Repair Shop.  I later found out the cause of trouble.  It’s over heating.  I didn’t notice the warning lights on the dash board ‘cause  I was too engrossed in inching it out in a bumper to bumper traffic on the road.  Since that shameful incident,  I never would want to drive that car again alone.  Then eventually,  with much distrust to the efficiency of the car, I sold it.  Now,  I seldom drive, not because I’m traumatized but because I don’t have my own car anymore.  Anyway, I always have an efficient driver in the person of my hubby.

On Investments

Nowadays, having able to stash some cash in 401k or  pension plans  some ten years back doesn’t necesarily  mean it has doubled up or tripled up your investment.  Unlike investments on various accounts which face  greater risk as a result of descending financial crisis, gold investment continues to escalate in value. As the global economy continues to plummet,  many who are holding  an IRA, 401K accounts or pension plans sees the advantage in transferring  their investments  to IRA gold or to 401k gold.  However,  not  too many are aware that they can rollover their Individual Retirement Accounts to  gold IRA or gold 401K.

Gold is steadily getting more value despite the shaky global economy.   This is the  reason why it is often referred to as crisis commodity.  On this ground,  many who are holding on to their  IRA or 401k choose to have an gold IRA transfer.  It is important to note that transferring the traditional IRA or 401k account to gold IRA Gold or gold 401k has a conversion process wherein assets must be first be liquidated to execute a gold IRA account or a gold 401k account. It is beneficial to put your gold in these accounts  coz it won’t be taxed unlike taking the golds in your custody as it would be charged with distribution tax..

Well now,  although I don’t have that much money to think of investing on gold IRA’s and gold 401k myself, I  know now a where to put my finances if ever I get rich. Lol!