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Money Talk
re: Alibaba IPO - Blakely Bimbo
[quote]Yahoo down 5%... People hedging[/quote] Yahoo weakness should have been a clue ... [quote]he so-called green-shoe option, which is often exercised if demand for the stock is strong, would increase the initial public offering size to $25 billion from $21.8 billion, making it the biggest ...


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Money Talk
re: Getting Past the Gate: Capital Introduction at Prime Brokerage Firms - Blakely Bimbo
[quote]Guess I have Morgan Stanley on the brain. [/quote] This may interest ya'll [quote]It's how four partners in a Morgan Stanley wealth management office in Tuscaloosa, Alabama, The W H M Z Group, quietly amassed just under $1 billion in assets under management in four offices across the s...


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Money Talk
re: Alibaba IPO - Blakely Bimbo
[quote]I've owned china based BIDU for years and it's gone from $31 (after 10/1 split) to $219 as of today. [/quote] Not worried about China based but not happy that stock holders will get no claim on the assets, or management decisions of Alibaba, but rather "Cayman Islands Contractual Rights". ...


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Money Talk
re: 401k or Roth - Blakely Bimbo
RMD. Know OP is 20 something, just throwing out general info for Roth/IRA/401K holders. Again, these are only proposals and likely will not end up as law, but just something to keep an eye on. Especially these provisions. [quote]Mandatory 5-Year Rule for Non-Spouse Beneficiaries Most IRA (and o...


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Money Talk
re: 401k or Roth - Blakely Bimbo
Anyone with a ROTH needs to keep an eye on the proposed changes to Roth IRA's that is included in the President's 2015 budget. The proposals are not law and may never pass, but it is worth watching to see what happens. Some interesting new twists in this budget proposal and some old ones from pas...


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O-T Lounge
re: Daughter is struggling academically in school - What do we do? - Blakely Bimbo
[quote]A serious question from a good mom, what is her birthday month? If she has an August or September birthday and she is one of the youngest in the class, then she may need to be held back. I have many friends who did not do this and their children are struggling. [/quote] Very good to bring ...


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Money Talk
re: What is your outlook on the economy? - Blakely Bimbo
[quote]The market is improving through earnings by these companies. They continue to surpass their estimates, that's why its continuing to grow. [/quote] Earnings are up primarily because Corporations have been issuing bonds and borrowing at record low interest rates. In general, Corporations hav...


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Political Talk
re: Now that Joan Rives has passed, - Blakely Bimbo
[quote]She shouldn't have insulted Obama with a surgery pending.[/quote] Just my opinion, but I think that Joan was having small strokes. Thought that when she said that about the President and the First Lady. The elderly who suffer from TIA's say some crazy stuff. ...


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Money Talk
re: Steps to take when remodeling house - Blakely Bimbo
[quote]Steps to take when remodeling house[/quote] Are you married? I know at least 4 couples who split while remodeling/renovating. Be sure to budget for marriage counseling....


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Political Talk
re: Has Putin crossed an Obama Redline? - Blakely Bimbo
[quote]Haa Putin crossed an Obama Redline?[/quote] Fearless leaders redlines are PINK....


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Money Talk
re: Car Dealers--WTF is up with them? - Blakely Bimbo
[quote]Probably has a lot to do with their attitude going into the purchase, I've bought 2 new vehicles in the last year and both were simple/painless processes. [/quote] No, he is not that type. Very calm, cool guy. His problem was that the numbers kept changing. He buys new cars about every ...


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Money Talk
re: JP MOrgan Hack - Blakely Bimbo
Did you get new account numbers? A couple of weeks after we received the cards, they very kindly sent us a list of vendors with automatic payments to remind us to change the account numbers. It costs the bank money to change the account numbers and cards, so I am wondering if they only reissu...


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Money Talk
re: Car Dealers--WTF is up with them? - Blakely Bimbo
I have a neighbor that has bought 3 SUV's in the last 6 months. Three different brands from 3 different dealers. He said it was the worst experience he has ever had buying vehicles. The numbers kept changing. He said one dealer even tried to get an extra 600 bucks out of him after the deal was fi...


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Money Talk
JP MOrgan Hack - Blakely Bimbo
[quote]JPMorgan Hack Said to Span Months Via Multiple Flaws [/quote] [link=(http://www.bloomberg.com/news/2014-08-29/jpmorgan-hack-said-to-span-months-via-multiple-flaws.html)]Bloomberg[/link] When I read yesterday that the hack took place in mid Aug., I had my doubts about the timing. In late...


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Money Talk
re: How To Manage Accounts For Marriage - Blakely Bimbo
Merging money only works if you both have the same values concerning money. From your description, sounds like you share a money philosophy. Need a joint account to pay bills. If you are not already married, take a pre marriage inventory, and file it. You can gradually merge non retirement acco...


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Money Talk
re: Michael Kors (KORS) and Kate Spade (KATE) - Blakely Bimbo
KORS and KATE are not luxury brands, they are ASPIRATIONAL brands. I have not bought KORS in over a year. When I found out that our Cadillac health plan was being changed to a high deductible, I pulled back on consumer spending. We are fully funding our HSA this year and if we don't need it, we ...


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Money Talk
re: Coca-Cola Buys Stake in Monster Beverage - Blakely Bimbo
Can't get too excited about it in relation to KO. Coke is making effort to appear like they are doing "something" to boost performance. It is a trade only. ...


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O-T Lounge
re: Your Weirdest Interview Experiences - Blakely Bimbo
Fresh out of college... first job interview for a real job... Guy asks me "What qualities do you look for in a man?" He was trying to hit up on me. I was stunned. Stumbled for an answer then told him that I thought that the question was inappropriate. Needless to say I did not get the job. Th...


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Money Talk
re: I am out of the market (mostly) - Blakely Bimbo
I've been meaning to ask... Were there margin hikes last Thurs. for traders in many futures contracts such as ES? That is a non-monetary tool for taking some froth off the market. For those of you who do not have trading accounts, please consider that moving in and out of funds in a 401K can ...


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Money Talk
re: Need advice on dealing with my homeowners insurance claim. - Blakely Bimbo
I live in an area that probably 50% of all the houses have had problems with leaks in slab. Here is how it has worked out in every case that I am aware. I have one handy friend that did not even call his insurance company and and made a partial repair for around $1000. Insurance has only pa...


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