Recent content by Vincesanity

Which company hits $1 Trillion first? Amazon? Google? Facebook? Rest of the field?

Roll to a Vanguard or Fidelity IRA.

They're doing away with the advisers and moving everything to the call center. If you handle things yourself it shouldn't effect you. Idk if that's the first step and later on they get out of investments, wouldn't surprise me. State Farm or Farmers is doing this as well, doubt anyone on here as...

USAA is about the undergo pretty substantial changes from what I've heard due to the changing DOT laws, have they informed you of anything? I don't mind the $7 trades if it's less than 1%, just part of it. I would also highly consider Fidelity or Vanguard. You can still use ETFs and mix in some...

Because it's an interim loan and they're always higher, you're only paying that for 6-8 months while building. It's hard enough finding a bank that will even give you one, that process took me 4-5 months, had to go to a small bank where I could speak directly to the president.

I'm two months from being done with my house and building it with a construction loan. We did the plans first, took to a builder who gave us an itemized bid, I took that to the bank and they loaned me 80% of the appraised value. My goal was to build it with that 80% and save 20% by being the...

I think 20% is pretty common and a good strategy. I wouldn't get a mortgage that's over 25% of my take home income.

I think they charge 0.3%

What's your definition of a wealth manager? What are you specifically looking for?

No he probably only has a handful of people calling like yourself and he's probably ready to kick you to the curb. Good luck day trading!

There are typically 3-4 types of advisers/planners. Work at a bank - salary and reduced commissions if any A place like Edward Jones, Merrill Lynch, etc - starting salary for 2-3 years and commissions capped at usually 40% or so There are places like TD Ameritrade or Fidelity, working in...

If you want to slowly get started in the field shoot me a DM. You don't need to be a CFP to be a financial planner. The best overall in my opinion is to get your series 66 and series 7 license. This allows you to charge for financial plans, do fee based advising or commission based. Commission...

It's a pretty good deal because your odds of using it from 40-50 are about 1%. Someone over 60 qualifying after a standard 90 day waiting period is about 35%. Accidental death and cancer policy's are "pretty good deals" too because they're crap. Someone age 40 can get a living benefits rider...

I get a different number assuming it was a single annual payment. Regardless it's more the principal of it than expecting someone to have done it starting in 1934. It is a cool story though. Taking dividends out to live on, come on now. She's buying a hamburger once a year with the dividends.

God forbid she had invested it, @ 9% it would have only been $314,000.