Favorite team:LSU 
Location:Houston
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Number of Posts:97
Registered on:7/17/2009
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re: 30 grand

Posted by ManiaTiger on 11/18/09 at 5:42 pm
Since most C.D.'s and M.M. are paying pennies I believe still some nice value in Municipal Bonds although spreads have come down. That will generate you some tax free money. Given your time frame (tier out your cash from a risk stand point) portion in the market - maybe a stock or two with goo...

re: Investing

Posted by ManiaTiger on 11/5/09 at 2:59 pm
Liquidity needed? If not as stated above Roth is a slam dunk and you can dollar cost average into on monthly basis - balanced mutual fund - typically minimum to buy mutual fund is 1K...

re: Twins with $1500

Posted by ManiaTiger on 10/28/09 at 12:30 pm
529 Plan considered a partental asset and you have full control and can be invested in stock market and comes out tax free if used for education (same tax basis as Roth essentially) - can also be used for duel kids/family - the only IRA you could do would be for yourself...

re: Financial Advisor Problems

Posted by ManiaTiger on 10/5/09 at 11:03 pm
Mo Yes, it depends on the contract of course...but notice I said most accounts are set up discretionary ...

re: Financial Advisor Problems

Posted by ManiaTiger on 10/5/09 at 2:32 pm
"I would never advocate using a commissioned broker as an advisor, they don't have any fiduciary duties to the client." This statement is wrong some advisor/firms due take a fiduciary duty to their client and get it in writing. This is a "must approach" to begin narrowing down who to work with ...
If you sell is it a long term cap gain (assuming in non qualified account)? If so take some gains off the table - if not maybe hold to you have had for a year and then qualify for long term gains...

re: 401K???????????

Posted by ManiaTiger on 9/28/09 at 4:10 pm
If you think tax brackets will continue to rise and given how young you are a vehicle that probably makes sense is Roth IRA and you will have unlimited investment options as opposed to just what employer allows - go to match of course though Check it out...
I have lived in both and currently reside in Houston and seems to be pretty accurate. I think Houston is probably even cheaper than that compared to B.R. espcially in terms of Housing...not sure how Houston compares to B.R. in size...Houston has so many options for food and utilities I think be...
Be extremely knowledgeable and know the pro's/con's of each vehicle you recommend, therefore, explaining it to the client in a way they can comprehend and put all possible options on the table...

re: Credit card reward question

Posted by ManiaTiger on 9/23/09 at 9:13 pm
No annual fee and rewards are basically everything from miles to hotels to other crapt Amex customer service is great...

re: Credit card reward question

Posted by ManiaTiger on 9/23/09 at 3:31 pm
Don't think you can pay a mortgage via credit card..only option I could think of is if you had checks for credit card and maybe you would have to send check to mortgage company to make payment, which would be a lot of trouble, however, I don't think you can do that I use Amex Hilton Honors card a...

re: Accounting changes for Stocks

Posted by ManiaTiger on 9/23/09 at 2:34 pm
"The rule change would give companies more flexibility in crediting more of that revenue to their results upfront" "But companies contend the change would better align their reported results with the true performance of their business" ...

re: Accounting changes for Stocks

Posted by ManiaTiger on 9/23/09 at 2:23 pm
Agreed' should give more accurate basis for the company...

Accounting changes for Stocks

Posted by ManiaTiger on 9/23/09 at 1:46 pm
FASB OKs Change Allowing Companies To Speed Up Some Revenues NEW YORK (Dow Jones)--Accounting rulemakers approved a change Wednesday that will give a boost to technology companies and other firms by allowing them to recognize some revenues faster. The change okayed by the Financial Accounti...

re: Stocks

Posted by ManiaTiger on 9/23/09 at 1:13 pm
NEP recently became traded NYSE...

re: Credit card debt consolidation

Posted by ManiaTiger on 9/23/09 at 9:44 am
Don't Do...they really just trash your credit and say your broke. As stated you can do that yourself and don't have to pay anyone. Work out a payment plan (budget tightly) and slowly get it back to managable and that in the long run will save thousands upon thousands since your credit won't be...

re: Investing on Margin

Posted by ManiaTiger on 9/22/09 at 5:22 pm
Buffet's greatest quote...

re: Investing on Margin

Posted by ManiaTiger on 9/22/09 at 4:35 pm
People were opening up margin accounts like it was going out of style as the market marched to its high and then got crushed obviously especially with margin calls coming forcing sale of assets Point is don't invest (educated gamble) with money you don't have...