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New job requiring me to move my brokerage accounts to them..

Recently took a new job with a large regional bank in a private banking role. I have my series 6 and 63 and am required to maintain them due to consultative conservations i'll have with clients. I will not be handling trades but will refer those out to an internal financial advisor. I am in the proc...
by aubpri
Fri Dec 14, 2012 9:04 am
 
Forum: Personal Finance (Not Investing)
Topic: New job requiring me to move my brokerage accounts to them..
Replies: 20
Views: 1946

Re: Death to ING Banking.... dang you Capital one....

Thanks for all the input. I originally went with ING because of the rates but found to love the simplicity of their online platform. I plan to keep my active accounts that I use frequently but will move my other accounts that are static so that I can get a little better rate. Plan on giving ally a s...
by aubpri
Fri Nov 09, 2012 3:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Death to ING Banking.... dang you Capital one....
Replies: 46
Views: 8927

Death to ING Banking.... dang you Capital one....

Just got this email from ING that they are finalizing the acquisition of Capital One with a rebranding and name change to Capital One 360. I've been an ING banking client for 7 years and hate to see them change. I'd have to imagine their structure and benefits will slowly change as well. Going to st...
by aubpri
Wed Nov 07, 2012 2:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Death to ING Banking.... dang you Capital one....
Replies: 46
Views: 8927

Re: Who is your term-life insurance provider?

Genworth and Primerica and some cheap supplemental through wife's work with prudential
by aubpri
Tue Oct 09, 2012 8:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Who is your term-life insurance provider?
Replies: 45
Views: 4857

Re: first investment?

In 1995 when I was in the 7th grade, i took half of my summer money from doing manual labor at a landscaping job and bought some intel stock with my local Edward Jones rep. My dad had all his business there as well. I learned a very valuable lesson in diversification and speculation through my exper...
by aubpri
Sun Aug 19, 2012 10:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: first investment?
Replies: 16
Views: 1132

Establishing a Group Health Policy for my church

Background: I assist my local church with a lot of accounting and business needs and currently they do not have a group health insurance plan. In terms of adding a benefits package for the employees I want to start with Health Insurance and was looking to get some quotes on plans for 10 employees. D...
by aubpri
Fri Aug 10, 2012 9:58 am
 
Forum: Personal Finance (Not Investing)
Topic: Establishing a Group Health Policy for my church
Replies: 1
Views: 186

Re: Pentagon Federal (PenFed) Extra Mortgage Payments

Write a check, include a letter of instruction telling them exactly how to apply the funds, buy a .45 stamp and mail it off. That cost of a 45 cent stamp is probably less than what your time is worth so pay it and worry about something else than having to call and deal with the hassle.
by aubpri
Sun Aug 05, 2012 8:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Pentagon Federal (PenFed) Extra Mortgage Payments
Replies: 15
Views: 1780

Re: Penfed Auto Loan

It's very straightforward. The process is all online and via email. Immediately, they approved the 1.99% loan for 5 years. The total fee is $0. I own the vehicle outright so PenFed sent me the check to my home in one week. I used it to pay other higher-interest loan, ie. mortgage. (My credit score ...
by aubpri
Sun Jul 15, 2012 11:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Penfed Auto Loan
Replies: 22
Views: 4223

Re: Penfed refi conflict/question....

Thanks to everyone for the input. I am in Alabama and our current home is under a homestead exemption so our annual property taxes are a lot lower. You can only have one home in the county under homestead exemption so once we place our new home under the exemption the old home will lose it. The annu...
by aubpri
Sun Jul 08, 2012 9:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Penfed refi conflict/question....
Replies: 12
Views: 984

Re: Term Life and Disability Insurance - what to do?

Just to close the loop - been offline for a weeks. So, sorry to bring this one back to the top, but I owe a debt of gratitude to many of you. Here is what I ended up doing: Increased Life Ins via employer to $1.5m in total coverage. Pennies on the dollar to increase coverage to this cap relative to...
by aubpri
Sat Jul 07, 2012 9:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Term Life and Disability Insurance - what to do?
Replies: 50
Views: 3828

Re: Penfed refi conflict/question....

What does your contract say? What does your moral code say? (you used the word obligated). You could always call Penfed from a throwaway cell phone that drug dealers use and ask. Thanks to both of you... Yeah I need to dig out the contract and read it over. I am sure it is based on the intent which...
by aubpri
Fri Jul 06, 2012 1:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Penfed refi conflict/question....
Replies: 12
Views: 984

Re: 529 Questions - What happens to unused funds?

in regards to question number 1 if a beneficiary gets a scholarship The "good news" is that the normal 10 percent federal tax penalty on non-qualified withdrawals is waived when withdrawals are attributable to a scholarship. You may want to withdraw the scholarship amount now (or the year ...
by aubpri
Fri Jul 06, 2012 1:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: 529 Questions - What happens to unused funds?
Replies: 1
Views: 346

Re: Penfed refi conflict/question....

Bump.....
by aubpri
Fri Jul 06, 2012 12:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Penfed refi conflict/question....
Replies: 12
Views: 984

Re: sending info via email for mortgage application

Download Dropbox (www.dropbox.com) and upload the file to a folder within your account. Password protect the folder. Share the folder with the recipient and notify him via phone of the password.
by aubpri
Thu Jul 05, 2012 9:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: sending info via email for mortgage application
Replies: 13
Views: 1422

Penfed refi conflict/question....

We recently finished up a refi on our home (we will call it "old home") with the 5/5 arm. When we finished the refi we had all intentions of being in the house for another 6-12 months with intentions of watching the market for "home 2". We recently had our first son and have been...
by aubpri
Thu Jul 05, 2012 8:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Penfed refi conflict/question....
Replies: 12
Views: 984

Re: Age 29: General Budget and Finance Questions

Not sure if someone else posted it but a quick heads up on the cc rate, you could act quickly before June 30 and take advantage of PenFeds balance transfer with no transfer fee and lock that rate in for 4.99% while you pay it off. Would save you a good bit in interest expenses while you get the bal...
by aubpri
Fri Jun 29, 2012 10:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Age 29: General Budget and Finance Questions
Replies: 38
Views: 3656

Re: Age 29: General Budget and Finance Questions

Not sure if someone else posted it but a quick heads up on the cc rate, you could act quickly before June 30 and take advantage of PenFeds balance transfer with no transfer fee and lock that rate in for 4.99% while you pay it off. Would save you a good bit in interest expenses while you get the bala...
by aubpri
Wed Jun 27, 2012 1:57 am
 
Forum: Personal Finance (Not Investing)
Topic: Age 29: General Budget and Finance Questions
Replies: 38
Views: 3656

Re: Was a DINK now a HENRY

Just transitioned from DINK status to DISK status this past week. Scary and Joyful
by aubpri
Tue Jun 19, 2012 10:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Was a DINK now a HENRY
Replies: 45
Views: 5713

Re: Simple low-cost will recommendations?

I recall Suzi Orman Had a Section on her website where you could create a decent loving Will and Trust through a program. There is a fee but she had a code to use it for free, the code was CNBC or STAR.

If you are looking for something simple this should suffice
by aubpri
Thu Jun 14, 2012 3:23 am
 
Forum: Personal Finance (Not Investing)
Topic: Simple low-cost will recommendations?
Replies: 6
Views: 1981

Re: Whole Life Agent Email

Original post error
by aubpri
Thu Jun 14, 2012 12:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Whole Life Agent Email
Replies: 107
Views: 8955

Re: Insurance for young couple

Your ability to generate an income is a very important asset, protect it for your family with cheap level term insurance. So many people are willing to spend $150 a month to insure a piece of metal that is a depreciating asset but unwilling to spend $50 to $70 to insure an increasing asset your inco...
by aubpri
Mon Jun 11, 2012 11:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Insurance for young couple
Replies: 24
Views: 1834

Re: Amica insurance -- Anybody members here??

I don't believe in skimping on insurance. They are a great company. They also send a dividend check (typically) at the end of the year, so this needs to be factored-in to net cost. By annual dividend check do you mean a return of overpayment? That is what most dividend checks actually are from an i...
by aubpri
Sat Jun 09, 2012 9:02 am
 
Forum: Personal Finance (Not Investing)
Topic: Amica insurance -- Anybody members here??
Replies: 45
Views: 9548

Re: Third Refi in a Year

You using a local lender or someone over the Internet?

Definitely interested in checking this out.
by aubpri
Fri Jun 08, 2012 10:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Third Refi in a Year
Replies: 40
Views: 2793

Re: Bank accounts and credit cards

ING direct for banking- 1 checking account and about 15 savings accounts for all different budgeting and short term saving purposes. We even gave our dog a savings acct there where we give her 100 a month to cover all her needs. Also have a savings acct for general emergency fund, auto emergency fun...
by aubpri
Wed May 23, 2012 10:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bank accounts and credit cards
Replies: 32
Views: 1902

Re: Are we underinsured?

To provide an income stream of $4000 a month for the next 23 years (child through college) and factoring in inflation, you would need a lump sum of around $650k to $675k.

Based on retirement assets and ability to save I think that $150k for each on a 10 year term will do it
by aubpri
Wed May 23, 2012 8:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Are we underinsured?
Replies: 27
Views: 2042

Re: Are we underinsured?

What are your monthly expenses that you would need an income stream to replace? How many years are left on your existing 20 year term policies? Is it a full 20 years or are you a few years in? Rule of thumb is you want this income replacement coverage to go the length to get your child to 23 or 25 y...
by aubpri
Tue May 22, 2012 10:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are we underinsured?
Replies: 27
Views: 2042

Re: Pet Insurance ...Yes or No?

Emergency fund and skip the insurance.

Set a predetermined amount that you are willing to spend in cash if God forbid your pet gets an expensive illness.

Ours is $5000 and I hope and pray I never have to be in a situation where I am close to spending it.
by aubpri
Tue May 22, 2012 9:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pet Insurance ...Yes or No?
Replies: 23
Views: 1189

Re: In debt--Need Help --

Just read this somewhere else and thought it was good advice. People going through payday loan problems can consider Payday Loan Consolidation as a possible solution. Take the following steps. You should be able to buy some time while you are learning about your rights and stand strong against the l...
by aubpri
Sun May 13, 2012 9:39 am
 
Forum: Investing - Help with Personal Investments
Topic: In debt--Need Help --
Replies: 39
Views: 3587

Re: In debt--Need Help --

Just throwing out an interesting fact I learned from a Manager of a large national chain payday loan company. They have no recourse on your own besides harassing you with calls and letters. They can't go after your credit. This really surprised me. She told me someone can come in, get a loan, give t...
by aubpri
Sun May 13, 2012 9:33 am
 
Forum: Investing - Help with Personal Investments
Topic: In debt--Need Help --
Replies: 39
Views: 3587

Re: What % of college savings to put in a 529

I believe the max you can deduct in Alabama is 5000 per taxpayer per year. I would put 10000 (5k for each of the parents) to maximize the state tax deduction. Presumably, this should equate to a credit of 500/yr. I would do this for the next 3 years. One or both may decide they want to go to grad s...
by aubpri
Sun May 13, 2012 8:09 am
 
Forum: Investing - Help with Personal Investments
Topic: What % of college savings to put in a 529
Replies: 4
Views: 604

Re: What % of college savings to put in a 529

Very good points, live in Alabama so we do get a good tax break on the state level and we do have state income tax. I am hoping the youngest will get some small scholarship help but I don't see her getting a full ride. I read that you can back out money equilvent to the scholarship amount with out p...
by aubpri
Sat May 12, 2012 10:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: What % of college savings to put in a 529
Replies: 4
Views: 604

What % of college savings to put in a 529

I currently have a 15 year old child that will be heading off to college in 3 years. My retirement is not of concern as I have positioned myself well. We have $30k already in our state 529 plan. I have another $80k on the sidelines in cash that I have earmarked to pay for her college. My oldest chil...
by aubpri
Sat May 12, 2012 7:17 am
 
Forum: Investing - Help with Personal Investments
Topic: What % of college savings to put in a 529
Replies: 4
Views: 604

Re: Poll: Have you bought Life insurance?

I answered "Some Other Answer" since I have/had both Term Insurance and a Universal Life Insurance policy. While I was working I had a very nice Group Term Insurance policy through my company, but about 10 years before I retired they switched their offering from Term Insurance to a Whole ...
by aubpri
Sat May 12, 2012 7:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Have you bought Life insurance?
Replies: 63
Views: 3035

Re: Poll: Have you bought Life insurance?

Me and my wife both have it and need it. I've aligned my term lengths with my liabilities. Some on a 30 year term, some on a 20 year term and some on a 10 year term. Insurance in any capacity is needed as a way to pay a small portion to offset a risk. If I die I want my wife and kids taken care of f...
by aubpri
Sat May 12, 2012 6:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Have you bought Life insurance?
Replies: 63
Views: 3035

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