Latest threads in Financial Planningshow only best voted threads

Subject Author Posted Replies
 
Age 70.5 and Required Minimum Distribution Affecting Retirement Accounts
Approximately 20 years ago (I think it has been that long), Congress changed the maximum age to begin RMD from 75 to 70.5. Now that so many individuals have found their retirement accounts shrinking,...
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Return on Bonds in Bankruptcy
In a typical corporate Chapter 11 bankruptcy, how many pennies on a dollar does a typical corporate bondholder get? The answer could be a range (e.g., 10% to 20%). I know the common shareholders...
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Emergency Economic Stabilization Act of 2008
Alan over in indicates he has posted the final version of this bill as signed by Pres. Bush, on his website at: A is the Emergency Economic Stabilization Act Division B is the Energy Improvement &...
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What's the difference?
I'm a novice learning the ropes so forgive my silly questions. What is the difference between investment banks, mutual funds, and private equity groups, and hedge funds? They seem pretty similar in...
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Closed End vs Mutuals
Would someone explain the difference between closed-end funds and straight ahead mutual funds to me? My closed-end funds took an enormous hit while my managed (not index) mutual funds only took hits...
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On Fannie Mae Co. & Communications
"We didn't really know what we were buying," said Marc Gott, a former director in Fannie's loan servicing department. "This system was designed for plain vanilla loans, and we were trying to push...
 
new FDIC limits if bailout passes
The current FDIC insurance limit for a joint (husband and wife) non- retirement account is $200K. For a single owner it would be $100K. If the bailout passes, the limits for joint and individual...
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401k options
I have a 401k plan at work. I really do not like the way it is being managed. Specifically, the fund choices are not great. The most outrageous, is that the _money market fund_ is charging us over 1%...
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FDIC Insurance Question Re IRA
Hello, Believe I have a basic understanding as to what the FDIC covers re CD's in a savings bank. Frankly, never thought too much about it, but with all the bank problems, etc., thought I'd do a...
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where to put money that isn't a bubble
is there a place to put money that isn't a bubble? hypothetically, lets say we are on the verge of some financial crisis, where else can a person put money besides stocks and real estate? off the cuff...
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selling a house in houston tx, 7% tax? fishy
my sister told me she needs to pay a 7% tax on top of 15k closing to sell her home? the grand total is about 35k on a 300k sale. is this fishy? i tried searching for this 7% tax and couldn't find...
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Web Sites That Graph Bond Market Prices Over Time?
I would like to see which industries and which companies have had their bonds hold up their market price over the course of the financial downturn that started with the subprime crisis back in summer...
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fishy home closing cost in houston, tx
my sister was going to sell her home in houston. that is until her realtor told her it would cost 35k to sell her 309k home. that's 15k in closing and another approx 7% in some sort of tax. wha?...
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Financial adviser's legal responsibility
I opened an account in California with a major investment company late last year and used a financial adviser that had been recommended by a friend. My investments were picked by my adviser (and...
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Tracking online money transfers?
Question : Once you send money from one bank to a different bank, why is there a two day period where the money is in limbo? I understand that banks have policies, but is there a way to find out who...
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