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Motley Fool Answers

Mailbag! Your 911 Fund, IRA Rollover Advice and Missing Wills

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 21 July 2015

⏱️ 24 minutes

🧾️ Download transcript

Summary

The bottom line on your emergency fund, an investment that puts your eggs in many baskets, how to find out if someone dearly departed has left you any money, and more of your pressing money questions answered.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Full Answers. I'm Allison Southwick and I am joined by Robert Brokamp.

0:08.0

And Diana!

0:09.0

Welcome back!

0:10.0

I actually wrote in here, she's back in black and I was going to do like this ACDC thing.

0:15.0

And you are...

0:16.0

I did not disappoint.

0:18.0

D-da-da-da-d-d-d-d-d-.

0:20.0

Okay. So today we're doing yet another mailbag.

0:23.9

I like to call them extravaganzas, where we answer your questions.

0:27.8

And there's a lot to tackle, including the bottom line on your emergency fund, how to keep from putting your eggs in one basket, and how to find if someone dearly departed has left you any money.

0:40.1

Yay! All this and more on this week's episode of Motley Fool Answers. So here's something interesting we read this week.

0:48.7

It turns out that now, more than ever, it's cheaper to eat at home than eat out. According to Bloomberg,

0:56.8

who looked at the consumer price index, the cost of eating at home has remained stable, while

1:00.8

eating out rose 3% in May over the last year.

1:03.7

Well, I've seen that. I've seen that on menus for sure. Every time they're like,

1:08.5

new menu, that's code for new prices. More

1:13.3

expensive. I've noticed that too, especially when you got it as a family of five and you get the bill,

1:19.4

it's quite shocking. So not only is it more expensive to eat out, but we're also eating out more

1:24.8

as Americans. So for the first time ever in March of this year, Americans spent more on eating out than groceries. Does that surprise you guys?

1:32.7

That is a bit shocking. Eating out is a well-known economic indicator and things are going

1:39.2

well, especially for the higher stratus of the economy. So, yeah, I can see that.

1:46.7

But still, that's quite surprising.

...

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