Bogleheads

avram53

Hi All:

The next meeting date will be: Sunday, November 8th, 2009

Meeting details:

Time: 1:30pm (til about 5:30/6pm)

Location: Camille's Cafe, 15 Bank St., White Plains, NY
(just south of the White Plains Metro North Train Station)

Parking: Free parking at the Key Bank parking lot just south of Camille's. Put a sign on your dashboard that says "Camille's Cafe".
Or.......metered parking just north of Camille's (75 cents/hour around the perimeter of that lot) .....or.....flat fee parking
just south of the Key Bank lot in the municipal lot (about $5 all day)

Topics: Whatever the members feel like discussing. This is a casual, relaxed opportunity for Bogleheads of all ages and levels of
experience to discuss any topic related to investing, financial planning, the Bogleheads' forums and life!

Food: Buy whatever you want at the counter individually. Camille's has good, affordable food and a nice atmosphere. See website link below.

RSVP: Please do rsvp, via email button below, so I know how many people to expect. Feel free to invite guests.

Camille's Cafe Website: http://www.camillescafe.com/st....tionid=129

Photos from November 2008 meeting: http://picasaweb.google.com/av....directlink

Photos from February 2008 meeting: http://picasaweb.google.com/av....amp;pli=1#

.................... Looking forward, Ave (NY/NJ/CT Chapter Coordinator)
_________________
(NY/NJ/CT Bogleheads Chapter Coordinator. Subaru Outback Wagon..a good car! Bicycling....a great avocation!)

Darren870 · Joined: 15 Sep 2009 Posts: 16

Ahh nice my old home town!

I might have to come down from RI to this. Probably would be nice to see my parents too.

Can i get added to any lists?

Thanks,
Darren

avram53 · Posted: Tue Sep 29, 2009 12:23 pm Post subject: Darren

Darren,

Hit the email button or private message and let me know your email address and I'll put you on our group email list.

Also, let me know if you do decide to attend and how many people you're bringing, if any.

Thanks, Ave
_________________
(NY/NJ/CT Bogleheads Chapter Coordinator. Subaru Outback Wagon..a good car! Bicycling....a great avocation!)

NYCPete · Posted: Mon Nov 02, 2009 4:13 pm Post subject:

Less than one week to go! Very Happy

Just a reminder that there is free wi-fi in the cafe, for anyone who is considering bringing their laptop.

I'm really looking forward to seeing both familiar and new faces. For those new to the forum who are on the fence about attending, Ave is a great organizer who creates a friendly and comfortable atmosphere.

Best,
Peter
_________________
To the extent that a fool knows his foolishness,
He may be deemed wise
A fool who considers himself wise
Is indeed a fool.

Buddha

avram53 · Posted: Mon Nov 02, 2009 4:24 pm Post subject:

Peter,

Thanks, you made my day!

And, final call for our meeting this Sunday at 1:30pm.
Please let me know if you'd like to attend? Click the email or private
message button below.

Best,
Ave
_________________
(NY/NJ/CT Bogleheads Chapter Coordinator. Subaru Outback Wagon..a good car! Bicycling....a great avocation!)

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

For those of you who will be coming to White Plains from NYC this Sunday - we can have an early start on socializing by taking the Metro North train together. I have a group discount ticket that costs $6 per person one way.

The train leaves Grand Central at 12:48 pm and Harlem/125th Street station at 12:58 pm. We do not have to come back together but we can if we want to.

If you are interested, meet me in the first car of that train with open doors – I think that usually is the second or third car of the train. Also click on the “pm” button under this message and let’s exchange contact info in case things change.

See you there!
Eugene.

Kevin Molloy · Joined: 06 Dec 2009 Posts: 1

Please add my email address to the notices in the future for the NY/NJ/CT group.

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

Hey, remember at the last meeting I talked about the bank I use being at risk of failing? Well, it has happened.

This is exciting. Now I get to experience firsthand what it's like. I have enough money at another bank for any liquidity crunches or possible glitches for the customers of the acquired bank from the new bank. I do have a couple of automatic bills to be paid out of the failed bank soon, but I hope the acquisition will not turn into inquisition for me. Wink

I'll call on Monday, and probably after only a couple of hours on hold, I'll find out if the ACH debits will go through.

As reasons go to jump on a park bench (or into an online forum) and yell "I KNEW IT!!!", this is one of the best ones!

avram53 · Posted: Sat Dec 19, 2009 9:44 pm Post subject:

Eugene, I'll be interested to know how it develops. What bank was it again?

Ave
_________________
(NY/NJ/CT Bogleheads Chapter Coordinator. Subaru Outback Wagon..a good car! Bicycling....a great avocation!)

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

http://www.umbrellabank.com/, a division of New South Federal Savings Bank.

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

Just called them. No hold time at all. All direct deposits into and bill payments out of the account will work as normal, they say. Rates are being reviewed by the new owner bank; they will know them later this morning. The failed bank paid 1.1% on money markets, the new bank pays 0.5% to their depositors, so I think 0.5% is what I'll be getting. Time to get outa there, as I see 2.0% can be had elsewhere. I've been with that bank for at least 5 years, and I'll miss them. They had cool checks. (Yeah,that's a factor! ) Smile

avram53 · Posted: Mon Dec 21, 2009 10:12 am Post subject:

Glad it's a smooth transition!
_________________
(NY/NJ/CT Bogleheads Chapter Coordinator. Subaru Outback Wagon..a good car! Bicycling....a great avocation!)

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

I'll believe it when I see it (when I see transfers go through).

Jacotus · Joined: 14 Jun 2009 Posts: 35

Aww, I didn't see this before. I could have gone to this meeting. I hope I don't miss the next one!

seugene · Joined: 03 Mar 2007 Posts: 174 Location: New York City

Update: both bill pays out and direct deposits into my failed bank's account are working.

The new bank decided to give us better money market rates than they give their own customers (but not as good as the old bank was giving, of course), to limit withdrawals, I assume.

So, this has been smooth sailing all the way for me. I got relatively lucky though - this past weekend 7 banks failed, but FDIC could not find buyers for a couple of them. Customers of the banks who did not get bought out are going to receive checks from FDIC for their balances. If this happened to me, my bills and direct deposit would not have worked. Not a huge deal, but nobody needs the hassle.

1johanna · Joined: 03 Jun 2008 Posts: 60

When is the next meeting for NYC scheduled?