Latest Financial Planning

Subject Author Posted Replies
 
Advice?
To all Gurus on this list. Do you think US stock markets are hovering around the bottom? Or do you think the worst is yet to come? In such uncertain environment, what is a good investment strategy? Wo...
11 years ago 119
 
How much to withdraw from retirement account?
My mother has to decide what percent she wants to withdraw from her retirement trust by the end of the month. The percent she decides on will be what she gets each month for all of 2009. The account i...
11 years ago 9
 
Early retirement & penalty for earning wages?
I've been trying to rapidly catch up on retirement info for various reasons lately. It was my impression that of one retired before their "full retirement age" there was an income limit from wages to ...
11 years ago 8
 
What is stopping banks from modifying loans prior to foreclosure?
We all know that banks are taking huge losses on foreclosed homes. However, I don't understand why they aren't modifying more loans to create either temporary or permanent terms that work for the home...
11 years ago 7
 
DIY Resources
Read with interest an earlier thread discussing the relative merits of DIY vs. finding a money manager to help with finances. I'm curious if there is any concensus among the DIYers in this group what ...
11 years ago 20
 
401(a) vs 403(b) vs 457 (b)
I have 2 questions: 1) At my work we have option to invest in all three of above (401(a), 403(b), and 457 (b)) retirement plans. Employer is contributing a percentage of salar to 401 (a) but I am also...
11 years ago 2
 
Mortgage or HELOC and Refinancing
A few years ago I refinanced my mortgage and I ended up with a HELOC for the same value as my mortgage balance, about which I was informed that, for all purposes, it would be equivalent to a new mortg...
11 years ago 2
 
Bank Counseling for Consumers?
Can anyone share the latest resources, approaches or solution-oriented stories for those who are upside-down on their homes with little to no equity and have ARMs and/or interest only mortages? Is sho...
11 years ago
 
Portrait of a White Elephant
Taxpayer has a lovely oil portrait of a White Elephant. Seeing that a local museum is going to be putting on an exhibit featuring animals in the wild, taxpayer offers to donate the portrait to the mus...
11 years ago 2
 
mortgage prepayment
Interest rates on cash are so low that making a year's worth of payments on my mortgage (15 year fixed at 5.5%) makes sense, but I think the way fixed rate mortgages work is that making large payments...
11 years ago 6
 
Stable Value Fund Still Stable, so far....
Hi, I've got a lot of money in stable value funds, in 401K's. I'm happy getting 5 % per year. So far, my SV funds have chugged along at 5 % all through the crash and burn of the DOW. I keep hearing th...
11 years ago 13
 
Madoff
The "Madoff story" is quite detailed by now. A relevant question comes up, which is: in case if you decided to find a money manager, how do you find one who is not a complete crook, and how do you mon...
11 years ago 30
 
Would Passive Investing Exacerbate Excessive Executive Compensation?
If there is excessive executive compensation to the point where it is a detriment to the company's profitability, active investors can fix the problem because shareholders can sell the stock or vote t...
11 years ago 9
 
IRA distributions not required in 2009 (pending)
This idea of temporarily waiving RMDs to allow the accounts to recover seems to have just passed. The bill is HR 7327 and it just needs W's signature at this point. This is only for 2009, so far nothi...
11 years ago 1
 
IRA beneficiaries
is it required to provide the SSNs for IRA beneficiaries? I plan to add my nieces and nephews (no kids for me), but I don't have their SSNs, and don't care to tip them off as to their being named bene...
11 years ago 14