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Meeting with my Financial Advisor

Discussion in 'Money & Finance Forum' started by Trace, May 30, 2007.

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  1. May 30, 2007 at 1:45 PM #11
    Trace

    Trace Full Access Member

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    Yes I did. Had a good meeting. Thanks for the info.
     
  2. May 30, 2007 at 1:52 PM #12
    Johnny Rebel

    Johnny Rebel BBBD

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    My wife and I both have Roth IRAs and a 529 plan for our kids' college to go along with 401ks, 403bs, and a couple mutual funds. I'm actually looking to get rid of the mutual funds and put them in something more likely to make bigger gains. It's close to ten grand. Anybody got any ideas? I've also got a pretty good chunk in the bank in a money market account, but I'm looking to buy a new house eventually and use it as a down payment.
     
  3. May 30, 2007 at 1:54 PM #13
    slydevl

    slydevl Asshole for the People!

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    Everyone should have an emergency cash reserve. Only recommendation is check out internet only banks to see if you can get a better rate on the money market.
     
  4. May 30, 2007 at 2:01 PM #14
    Johnny Rebel

    Johnny Rebel BBBD

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    You got any bank recommendations?
     
  5. May 30, 2007 at 2:06 PM #15
    slydevl

    slydevl Asshole for the People!

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  6. May 30, 2007 at 2:11 PM #16
    Freakshow

    Freakshow Fuck you guys.

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    I've used ING Direct for years. No complaints. They were one of the tops...still pretty damn good.
     
  7. May 30, 2007 at 2:12 PM #17
    Johnny Rebel

    Johnny Rebel BBBD

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    I'll look into them.
     
  8. May 30, 2007 at 2:37 PM #18
    Johnny Rebel

    Johnny Rebel BBBD

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    AmTrust Direct at 5.36% APR was the best I saw Sly. You know anything about them? It's about a full 1% higher than what I'm getting now. How much would that be for, say, $30,000, in a year's time?
     
  9. May 30, 2007 at 2:52 PM #19
    Shrapnel

    Shrapnel Stinky

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    :goofy:
     
  10. May 30, 2007 at 3:01 PM #20
    slydevl

    slydevl Asshole for the People!

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    I don't know anything about them but HSBC is pretty reputable at 5.05 APR along with E*Trade. So you are looking at around a $300 difference in a years time. Compound that over 20 or 30 years and it starts getting ridiculous.
     
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