Thursday, January 7, 2010, 4:02PM ET - U.S. Markets Closed.

Suze Orman Money Matters

Suze Orman, Money Matters

What to Do When the Empty Nest Refills

by Suze Orman

Email this Page IM this StoryBookmark this StoryAdd to your Del.icio.us accountDigg this StoryPrint this Story
Very Good (327 Ratings)
3.47707/5
Posted on Friday, June 15, 2007, 12:00AM

According to a recent survey by MonsterTRAK, nearly half of prospective college graduates expect to spend some time back in the parental nest. More than one in five plans on making an extended stay of more than six months.

But even the 26 percent who said they plan to move out on their own faster might check in with the class of 2006: It seems that 42 percent of last year's graduates who moved back home have yet to leave.

Dependent Independence

The financial reasons for this are fairly obvious. Rents, along with housing prices, have been rising steadily, yet incomes, especially starting incomes, haven't. And the prospect of sharing a $1,500, one-bedroom apartment with two other roommates in a major city when you can still have your own room back home doesn't make sense to more and more grads.

Add in the fact that, on average, college grads leave school with nearly $3,000 in credit card debt and a boatload of student loans to pay (nearly $20,000 on average), and the prospect of living "for free" at home becomes even more enticing.

If you're a parent with a returning college grad settling back into the home nest, I have some serious advice: You need to set very clear financial rules from the get-go. There's to be no outright freeloading or open ticket for the kids to move back in without both of you agreeing to some very important ground rules. It's best for everyone.

Credit Where It's Due

I won't start by suggesting that the kids pay rent. That can make sense, but the more important first step is for you to make sure they have a grip on their debt and are making their required payments.

For you, job No. 1 is to have a serious sit-down with them about their credit card debt and student loan debt:

• Credit cards

If they're paying more than 8 percent interest, they need to make it a priority to get rid of that debt ASAP. If they can pay off the debt in just a few months by living at your place rent-free, that needs to be their goal.

If the payback is going to take more than six months, have them look into doing a balance transfer. If they somehow have a strong credit score (more on this below), they might be able to qualify for a zero-rate deal for the first year. But please make sure they understand the fine print of any transfer agreement. Often, the zero rate is only good on the transferred amount; new charges can be hit with interest of 18 percent or more.

Please don't bail out your kid by paying off the debt with no strings attached. Make that mistake and I guarantee they'll have more credit card debt within six months.

That doesn't mean you can't help: If you write the check to wipe out their debt to the credit card companies, draw up a written agreement on how they'll pay you back -- with interest, albeit less than 18 percent. A little pain goes a long way in teaching financial responsibility.

Can't bear the thought of collecting money from your kids? Then quietly deposit their payments into an interest-bearing savings account. If they manage to pay off everything to you and get their financial act together, you can present them with the account when they're ready to move out; that way, you'll have helped them save up for the security deposit on an apartment.

• Student loans

After a six-month grace period, all grads must start repaying their student loans. If they have yet to find work, they can apply for deferment. But what they can't afford to do is simply ignore their loans until they feel like they're on their feet financially and can handle the payments.

Don't let them think they can slip through the cracks. Student loan lenders will find them, and often send delinquent accounts to debt collectors. Failure to stay on time with student loan payments will cause huge credit score problems.

Help Kids Score

That brings me the next important topic: I can't tell you how many young adults are clueless about their credit scores. Many come to me after they get out of school, upset when they realize they've made every mistake in the book and have lousy credit scores.

If they're still job hunting, a weak credit score can come between them and getting hired -- more and more employers now check an applicant's credit scores (with their approval) as part of the evaluation process. A poor credit score can also impede renting an apartment; landlords don't look too kindly on applications from young adults with minimal income and lousy credit. Finally, a poor credit score also often means having to make sizable deposits for everything from cell phones to utilities.

The bottom line: Help your kids manage their credit scores by staying on top of their monthly credit card minimum payments as well as their student loans.

No Piggybacking Allowed

By the way, if you've piggybacked your kids onto your scores by signing them on as authorized users to your credit cards -- something I've recommended before -- get ready for a change this fall.

Fair Isaac, the parent of the company that calculates the FICO scores that dominate the credit industry, has decided it will no longer allow piggybacking.

This isn't because of parents abusing the practice, but because of a growing number of schemers with great credit histories who "rent" their credit cards, allowing others to be listed as authorized users without having access to the actual card account so that they can piggyback on the great record.

Ensure Their Insurance

Typically, any child who's been covered through a parent's health insurance policy loses that coverage soon after college graduation (age 22 or so). While you can apply to extend coverage through COBRA, the cost can be steep.

If your child has no preexisting conditions, encourage them to look into a short-term policy. They can shop online, and they should definitely check in with their alumni association to see what might be available through school.

Short-term plans are quite affordable, and typically provide coverage for as little as a month or up to a year or more. This is a great way for recent grads who are still job hunting, or whose insurance coverage under their new employer has yet to kick in, to protect themselves.

If you make only one point with your kids, it better be that they need health insurance coverage. It's absolutely foolish for them or you to think that their youth will protect them; plenty of young people get seriously ill. And since when do accidents only befall middle-aged, insured folks?

A Rental Account

Once all of the above is in place, you can start talking to your kids about paying rent. Can't imagine doing that to them? Use the same strategy as with the credit card bailout: Stash their rent payments in a savings account for them.

But you have to lay down the law -- that savings account is for emergencies only, or for an apartment security deposit. It's not for a reunion blowout in Cancun with the old college gang.

Also have them pay a prorated part of the utilities, if only so they can learn what it really costs to keep a home running. That way, there's a better chance that they'll budget realistically when they're on their own.

Car Talk

Finally, if your college grad has any sort of debt and is living at home rent-free or subsidized, he or she better not be driving a fancy car that was "paid for" with an expensive lease or loan. If they can't afford to live on their own, they can't afford to spend what little money they have on the worst expenditure there is, a rapidly depreciating automobile.

If they need a car, that's fine, but make sure the rules of the road are that it's an economical and safe car, not one that'll impress their friends. They can be as impressive as they want -- once they've moved out.

Email this Page IM this StoryBookmark this StoryAdd to your Del.icio.us accountDigg this StoryPrint this Story

Rate This story

Very Good (327 Ratings)
3.5/5
Sign-in to rate!

83 Comments

Showing comments 6-35 of 83<< PreviousNext >>
Sort: first to last

  • ANNETTE - Wednesday, June 20, 2007, 8:37AM ET  Report Abuse

    • Overall: 4/5

    Great advice Suze! Support like this makes way for a future of success and balance.

  • Yahoo! Finance User - Tuesday, June 19, 2007, 7:01PM ET  Report Abuse

    • Overall: 4/5

    Suze's advice may be basic and common sense, but there is a vast number of people here in the US who are financially ignorant and need these things spelled out for them in simple terms. I told some relatives that I worked for a mutual fund company and they asked "What's a mutual fund?" I grew up poor -- Dad worked in a factory and we lived in a tenement -- and paid my way through college with loans and 40 hours/week of work. I didn't move back home afterward, but my brother did, due to the high cost of rent. My folks charged him a small amount of rent and expected certain chores to be done, since they didn't have much extra themselves. I went to school with so many others whose parents paid all their bills and I really couldn't feel bad for them when they didn't know how to handle the real world after graduation. Having grown up with nothing, it wasn't a difficult thing to live frugally until I got my debts paid off. I think people appreciate things better when they have to actually work and sacrifice to get them... and that includes an education.

  • Norma P - Tuesday, June 19, 2007, 1:15PM ET  Report Abuse

    • Overall: 1/5

    The only problem with kids in America is that they learn by their peers. They easely will tell you that all their friends are moving out of their houses,so why should not they. Never mind all the advices you can give them about credit card debts and keep their finances in check, they will only learn by their experience. We have two daughters,one got the picture fast, the other still struggling. In Europe we never had credit cards, so we learned fast like everybody else, we would never move out of our homes, so we never had problem to get back home. Do not forget the pressure the kids receive from the credit card owners, waiting for them to make mistakes. We appreciate very much your articles and finance advices,i surely agree in your good common sense and consider them very valuable. Thank you

  • chicago3200000 - Monday, June 18, 2007, 10:46PM ET  Report Abuse

    • Overall: 3/5

    I don't mind Suze's advice but I think a college grad really has to watch it when thinking about moving back in with mom and dad. I think it is only good if there is a good skill-building job in the parent's area. Let me give an example, if there is a job in San Francisco at a really big accounting firm or some small one in rural Kansas, I think it is time to move. Because even if you have to scrape by in San Fran the experience gained will take you much farther than what you would likely get in Kansas. Now, as far as credit cards go. I think parents should have exposed their kids to debt long before college. I was exposed to debt and my parents still wouldn't help me establish a credit history. Fortunately, I had part time jobs from a fairly young age and was able to collatoralize the card. Credit history is pretty good now.

  • Gerry M - Monday, June 18, 2007, 9:37PM ET  Report Abuse

    • Overall: 4/5

    All pretty good things to be aware of - but if you're not telling them these until AFTER they graduate, shame on you! My own kids were harassed about credit, debt and responsibility from a pretty early age, and I'm sure they got sick of hearing it. However, they now have college degrees, no debt, excellent credit and significant money stashed in a Roth IRA. Most important perhaps of all, they have learned to live BELOW their means. They'll be fine.

  • C - Monday, June 18, 2007, 8:40PM ET  Report Abuse

    • Overall: 3/5

    Very basic but good advice. I only gave her 3 stars, because some of her previous articles deserves less than 1 star and this is my way of evening things out. Yahoo needs to let you give 0 stars to the Make Believe Dad and Suzie Ormans of the world.

  • TrixieDavid - Monday, June 18, 2007, 8:35PM ET  Report Abuse

    • Overall: 1/5

    I keep hoping Orman will eventually produce an original thought. But instead, she allows her name to be attached to useless drivel, day after day, month after month. I guess we can blame the writers, since she doesn't develop or write her own material. Yes, her shallow thinking still manages to sell a ton of books, mostly to weak women who feel empowered in her presence. Orman cheats them every day. It is a shame that the world is filled with many intelligent and qualified people who could provide useful financial advice, but they lack the media machine Suze exploits. Orman is, after all, a mere media creation. Check out her credentials. She is an imposter in all respects. Yahoo cheats everyone when it places the word "expert" next to her name. She is a hyper-managed puppet who has yet to produce a single original thought. Everything she has uttered over the years was said by someone else long ago and in a much more intelligent way. I wish this wasn't the case, as I would welcome good financial advice from a qualified person. Orman is merely a media sensation who adds nothing of substance. I worry about the readers who rate her highly; they must have very low expectations. Most importantly, her followers deserve better. She offers entertainment, not expertise. Yahoo, please dump Orman and hire a real financial expert. Thanks.

  • Nicholas - Monday, June 18, 2007, 7:45PM ET  Report Abuse

    • Overall: 3/5

    Kind of mixed on her advice. I agree with some of it, but the big picture missing is that you should talk to your kids about finances BEFORE college. High schools are crummy at covering that information (as of 1999 at least). When I graduated in 2004 I had no credit card debt or school loans thanks to having gotten myself a part-time job that could pay both expenses (true it was not a private university but I did cover a UC with money to spare quite easily). Freshman entering college need to know the impact of purchasing items on a credit card and be strongly encouraged to pay for expenses through a part-time job (it also can come in useful after college when looking for career opportunities if you don't settle for the standard retail job). That point being made I think parents should give their children credit for saving toward their retirement and work done around the house (which you can easily put a price tag on in so far as time saved or cost to hire someone to do the same service). The retirement issue is a big one in my mind, getting an extra $300 from your child for rent isn't worth it if it stops them from contribuiting to a 401k. The best scenario in my mind is to negotiate a retirement saving amount (in combination with other savings or rent as desired) to set your child out on the right path. Once the deductions are setup and your child is accustomed to them, it is likely your child will become used to living within the new dollar amount and continue saving for the future (putting them decades ahead of most people). Again this comes from personal experience, and I do admit that this may or may not work depending on temprament and spending habits. In the end Suze should have recommended paying down debt first, followed by starting a retirement account. The rest in negotiable... but all spending should be within the child's income (after all once they do move out they will have a large amount of money going to rent util food) that potentially did not exist before.

  • coo1 - Monday, June 18, 2007, 7:05PM ET  Report Abuse

    • Overall: 2/5

    So much for the article. Basic advice that anyone who took econ 101 would be able to give. The true issue is everyone talks about cost of college and moving out and surviving. Notice I said surviving. Most of the college grads who commented do not like the real world. Tough. I have told my children since day one paying for college was their responsibility. No one paid for mine or my spouses. We came out of college 25 year ago with $35K in debt. You do the math on inflation adjusted $$. Much worse then grads today. You know what, we survived because we made hard choices. Lived in not so safe areas that were cheap and paid every extra cent to our student loans so we could pay them off early. Cheap used cars only, I kept them running. NO credit card use unless it was a true emergency like car parts we could not afford. We got our clothes at the thrift store. Amazing what people donate. I will not let my children be destitute but if they have to "suck it up" so be it. I watch to many grads think they are entitled to the life their parents have and other people without putting in the hard work and sacrifice. People today are to soft and they raise soft children. Life is what you make it and material things are not that important once you have a place to live, food and transportation to and from work. The rest are nice to haves. BTW I left home 2 days after I graduated high school and have never been back. Yes, life was difficult at times and I ate a lot of white box mac and cheese but so what? It did not kill me and it made me understand the value of what I have worked for. So, GET OUT THERE, MAKE YOUR PLACE IN THE WORLD AND QUITE WHINING! :-)

  • Yahoo! Finance User - Monday, June 18, 2007, 7:04PM ET  Report Abuse

    • Overall: 4/5

    The points in the article may seem obvious but sometimes people need to see them in writing to consider them. Why are some readers so upset? Evidently there are numerous young people moving back home and carrying lage student and credit card debts. To paraphrase Suze and add some rules based on my rules: 1. Tell the kid to get a job or two if necessary to pay their debts. Were they working part-time while going to school? If not, why not? 2. Set the financial rules up front but how many parents do. 3. Why shouldn't the kids pay some rent? It costs money to run a house and the proposed rent generally is signifcantly less than similar accommodation. Any amount up to 35% of their gross should be normal and will reflect outside costs, especially when they rty to buy a house or condo. Yes put it into an account for their later use, if you like. Yes the sum can be negotiated. 4. Credit card debt should be the kid's business and if you have to discuss it when they move back in, you're years late teaching them financial responsibility. Definitely don't bail them out. Are you as a parent practising what you preach? 5. Student loans definitely should be a top priority but did you discuss the loans and expected repayment before the kids selected their course and career? If you didn't before, will you now? 6. Credit scores will be acceptable if they pay their debts. Yes talk to them about impacts on job hunting and renting if they don't already know. 7. Health insurance is a gamble and probably they should get coverage for catastrophic illness / accidents. 8. Cars and vacations need to be discussed but if they are paying a large sum for rent and toward other expenses, the rest is their business. But why are they still living at home? 9. So her column is obvious to me but there are numerous instances of kids living at home or relying on their parents to support them in a manner to which they have become accustomed to without considering how we as parents had to scrimp and save to get where we are now. Talk to your kids about finances.

  • Yahoo! Finance User - Monday, June 18, 2007, 6:59PM ET  Report Abuse

    • Overall: 3/5

    i am 22, class of 2005, have been living at home since i graduated. i have 70,000 saved up in my name, and guess what i am going to move out soon. in retrospect, it was a really good decision to live at home and shoulder some of the load off my parents. how are you a burden to them if you help them with the chores? give them a break? if you are helping around the house, you are helping yourself and the family. if you haven't gotten to the kids(us) by the time its 16 its too late mom and dad. luxury car? why not, you live once

  • Herb - Monday, June 18, 2007, 6:54PM ET  Report Abuse

    • Overall: 1/5

    Suze's success is prima-facie evidence of the cluelessness of the American People. No wonder Bush just ignores the polls.

  • Napolean - Monday, June 18, 2007, 6:35PM ET  Report Abuse

    • Overall: 5/5

    Great advise Suzi. People need plain advise for their finances. Unfortunalty financial common sense is not so common. Good Article

  • Yahoo! Finance User - Monday, June 18, 2007, 6:27PM ET  Report Abuse

    • Overall: 1/5

    Poor content. Old news.

  • Yahoo! Finance User - Monday, June 18, 2007, 6:20PM ET  Report Abuse

    • Overall: 1/5

    how many kids does this lesbo have that she would know ANYthing about kids coming to live back home. such a looser.

  • Yahoo! Finance User - Monday, June 18, 2007, 6:19PM ET  Report Abuse

    • Overall: 2/5

    Are we really graduatihng young adults from college who need to be told that they should have health insurance? I did not find the level of information in the article particularly helpful. Perhaps an article on Ms. Orman's choice of teeth whiteners would be of greater interest since she appeatrs to excel in that area. Do Crest Whitestrips really work? Is bonding worth it?

  • Omar - Monday, June 18, 2007, 6:06PM ET  Report Abuse

    • Overall: 1/5

    I agree with the poster who said this was helpful information. It helped me to decide never to *pay* for anything from the author.

  • PATRICIA - Monday, June 18, 2007, 6:05PM ET  Report Abuse

    • Overall: 5/5

    Excellent Information. Thanks so much!

  • Yahoo! Finance User - Monday, June 18, 2007, 5:55PM ET  Report Abuse

    • Overall: 1/5

    Basic drivel from one who doesn't know.

  • Yahoo! Finance User - Monday, June 18, 2007, 5:54PM ET  Report Abuse

    • Overall: 4/5

    My parents did some of these things with my eldest sister, like paying off her credit cards with no strings attached, and she did indeed rack up more credit card debt soon after that. End result--she remained financially and emotionally dependent on our parents for over 10 years and has no clue about how to make ends meet on her own. This column is more about, "if you love your child, teach her how to be an adult" than anything else. By not being charged rent or utilities, my sister never benefitted from the character-building "learn how to hold down a good job or be homeless" experience that makes many of us set priorities and deal with annoyances at work, etc., because we just have to pay the rent. For the negative comments below, yes, Suze's advice is mostly for the beginning-to-intermediate crowd just learning to get a handle on their finances. If you're looking for a detailed essay on the pros and cons of credit derivatives, you're not going to find them here. There are lots of people who do benefit from Suze's advice--if you're not one of them, just read something else, okay? I think PT's column is stupid and self-centered, for example, so I don't waste time reading her.

  • John - Monday, June 18, 2007, 5:36PM ET  Report Abuse

    • Overall: 5/5

    Excellent article with practical advice. My grad came home three weeks ago and has been receptive to financial coaching. I'm glad she is thinking ahead and taking responsibility for her future. By the way, let's stop pretending other countries have better educational systems and policies. Our system is based on personal responsibility and opportunity...maybe that's why the Europeans wish they could be more like us. Thanks, Suze, for giving us what we need most: helpful information.

  • Yahoo! Finance User - Monday, June 18, 2007, 5:32PM ET  Report Abuse

    • Overall: 1/5

    Thank heaven for the internet and electronic publishing. If we have to see this stuff, at least now we don't have to worry about how many trees bit the dust.

  • Doreen - Monday, June 18, 2007, 5:28PM ET  Report Abuse

    • Overall: 5/5

    This is fantastic advice. One of her more useful columns. I see the Suze Haters are out in full force to drive down the rating, but you have to hand it to Suze when she gets it right.

  • latvia - Monday, June 18, 2007, 5:25PM ET  Report Abuse

    • Overall: 1/5

    I was impressed that Suze was able to get somebody to "publish" this. That's at least one talent.

  • Yahoo! Finance User - Monday, June 18, 2007, 5:12PM ET  Report Abuse

    • Overall: 5/5

    As an African American I find this article very racist as SUZE knows that a black man or woman cannot get a just any job or any house in a white man's world. The educated Black is forced to live with his parents until his due diligence pays off in getting approved to live in a decent apt. or home and can get a job that isn't serving fastfood or shining shoes. I gave her 5 stars because she know how hard life is.

  • venkateswar - Monday, June 18, 2007, 5:00PM ET  Report Abuse

    • Overall: 1/5

    First, it is unfortunate in this country that parents cannot afford to pay for thier kid's college education and other expenses. They leave them for thier own after 18 years to pay for most of the expenses. Learn from other counties, where parents bear kid's education costs and needs and give them a debt free life after college education. There is nothing wrong in kids coming back home and statying with parents and sharing their load. Suzie talk is too materialistic.

  • Yahoo! Finance User - Monday, June 18, 2007, 4:58PM ET  Report Abuse

    • Overall: 1/5

    Thanks again Suze for being everyone's mommy and assuming your audience has an IQ of a 10 yr-old. How about attaching some real meat to your articles someday? The same things happen on your TV shows.

  • Andy - Monday, June 18, 2007, 4:56PM ET  Report Abuse

    • Overall: 5/5

    Interesting comments from the college grads. Obviously they were frequently absent from Econ 101. Several of the divas were apparently unable to organize an intelligent defense, so they tried insulting humor in a feeble effort to sway the crowd. I tried to read with an open mind, but it kept translating - "You owe me!" I agree with the young man who said that his indebtedness was his private business, but I wished that he had been willing to see if someone else might have had a pertinent good idea about priorities and procedures. What do I know? Well, I paid my way through 4 yrs of a private college by utilizing on on-campus work scholarship. I did my graduate work as a young teacher with a young family. 4 of our 5 children have or are paying their way through through college. Two returned home briefly after grad. One of them worked 24 hrs a week as a house painter while he completed his Masters at a local UC campus. The other over-stayed his welcome (2 yrs) and at that point was "given notice." He was quickly hired by ADP because of his math/computer talents. Let me close with some advice - woops, let's call it "thoughts for your consideration." (1) "Bite the bullet!" and (2) "Suck it up!" Be glad you're a graduate (Way da go!!!) Be glad you are alive and well. If the latter doesn't impress you, take a walk through a ward in a children's hospital. Go girl!! Go guy!! Try to believe me when I say, "You are so-o-o lucky."

  • Yahoo! Finance User - Monday, June 18, 2007, 4:54PM ET  Report Abuse

    • Overall: 1/5

    Sue, if you don't have anything useful to say then don't say it. Your columns belong to tabloids instead of Yahoo Finance. Why don't you go back to school to get your MBA or PHD on finance and economics so you know how to research before you provide useful finance advice. Do us a favor; please don't write any more and stop wasting space on Yahoo.

  • Yahoo! Finance User - Monday, June 18, 2007, 4:52PM ET  Report Abuse

    • Overall: 1/5

    If you find this article helpful, then you need it and a lot more. It is so simplistic and fankly not helpful. Other than the handling of rent there is no specific advice. I find this on a par with her other financial advice which has been basically dead wrong for the last five years - advising people to stay out of the market while it climbs to all time highs. Real estate which she advised putting your money into peaked and is depreciating in many areas. If it weren't for her books, I doubt if she could survive on her investments.

Showing comments 6-35 of 83<< PreviousNext >>
The columns, articles, message board posts and any other features provided on Yahoo! Finance are provided for personal finance and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of Yahoo! and there is no implied endorsement by Yahoo! of any advice or trading strategy.

Own the Power to Control Your Destiny

Women & Money

With her signature mix of insight and compassion, Suze Orman equips women with the financial knowledge and emotional awareness to overcome the blocks that have kept them from making more out of the money they earn.

Buy "Women & Money" now.

More from Yahoo! Sources

  • CNN Money
  • Consumer Reports
  • Kiplinger
  • The Motley Fool
  • Business Week
  • Wall Street Journal

Sponsored Links

Free 2010 Credit Report and All 3 Scores
Free 3-bureau Credit Report – includes Transunion, Equifax, Experian.
FreeCreditReportsInstantly.com
Financing - Bank of America®
Take Advantage Of Low Refi Rates For Home Loans Up To $3 Million.
www.bankofamerica.com
Refinance Now at 3.7% APR
$160,000 mortgage under $752/mo. Free. No Obligation. Get 4 quotes now.
MortgageRefinance.LendGo.com
Obama Urges Homeowners to Refinance
APR as low as 3.616%! Calculate New Mortgage Payment Now.
www.SeeRefinanceRates.com
No Exam Life Insurance
Get Super Cheap Life Insurance Online – No Medical Exam Required.
No-Exam-Life-Insurance.org
Super Cheap Home Insurance
Get Discount Homeowners Insurance Online – Rates from $20 / Month.
Discount-Home-Insurance.org

Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.

Yahoo! Answers is provided for informational purposes only, and no Q&A is intended for trading or investing purposes. Yahoo! shall not be responsible or liable for the accuracy, usefulness or availability of any Q&A information, and shall not be responsible or liable for any trading or investment decisions based on such information. View Complete Answers Disclaimer.