ABM Fin

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This ever revolving world we live in does not only rotate on its axis, but every move we make is based on our financial capabilities. Admittedly, money is important in our daily life. From buying our basic commodities to looking for capital for a business and paying off loans and other mortgages, money is the much needed commodity.

At times, we find it hard to come up with a lump sum for a certain purchase price such as that for a dream house and lot, car, property and business. This is where we turn to other options for coming up with the amount. This is where finance loans come in.

I want to identify the best financial institution for opening a Roth IRA. It must have quality mutual funds with no load or transactions fees. I want to make monthly payments (~$200) and have that money immediately converted to shares of the mutual fund that I choose. So far, Fidelity and Charles Schwab will allow automatic monthly payments. Unfortunately, Chuck requires that the minimum for the mutual funds (usually $1000) is met before automatic purchases of a fund can be completed monthly. Fidelity will lower $2500 minimums to $300. Does anyone have experience with these financial institutions or another with a better policy?
Vanguard can setup an automatic investment of $50 but you have to meet the $3000 minimum first to even open an account. While T. Rowe Price will also setup a $50 automatic investment with no minimum meaning the $50 can be immediately invested. The problems is that you are limited to T. Rowe Price Funds only (no stocks, no ETFs, etc.). So far Fidelity seems the best overall option with no clear cut winner.

Financial Loan is the only solution when you face financial crisis, with your next payday is still far away and no other source of revenue is there. But the process for applying loan and getting approved is too lengthy. In the case of urgency you need instant solutions. When you are short on cash and need emergency cash at that time traditional methods of getting loan may not be a good option because of its time taking process. To get out of this lengthy process we have one alternate that is Quick Cash Advance loan which gives you instant cash till the next payday arrives.