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Recent content by rockjon

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    Best way to transfer money to Asia?

    Xericx, currently I'm in the Philippines right now. Several banks in the US are capable doing bank to bank transfers to the Philippines which are the ones that operate both in the US and the Philippines such as Citibank and HSBC. Typically, the bank to bank transfer fees for those banks are...
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    How This Bear Market Compares

    INVESTING 
    When compared to the other market downturns, this downturn looks pretty bad.
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    Crash Course: Current Economy

    These are excellent. An objective account of how we got here.
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    Depression in 2009? Not really.

    Officially, the economy is not even in a recession yet which is defined as two quarters of negative GDP growth. The stock market has been dropping like its anticipating a depression. In the end, we'll just have to scale down our lifestyles assuming the credit markets unfreeze.
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    Wealth Coaches/Strategists

    Personally, I'm not sure I trust wealth coaches because if they're so successful then why are they coaching. However, I've heard of some successful people who are willing to coach for high fees. There are still some benefits of coaches since they can take an objective view to your situation...
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    Student Loan Consolidation questions

    Snowbank, I also consolidated my student loans a couple of years ago before the fed started raising the interest rates from their lows in 2004. The lending environment has changed quite a bit since I refinanced. However, there are a couple articles at youngmoney.com that cover student loan...
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    $6K in my son's Roth - What would you do?

    INVESTING 
    Mr. Pink, I think Diane wants to use her son's Roth IRA eventually for real estate but it's not large enough to do that yet. The 59 1/2 part is just when her son can withdraw the money without paying the additional 10% early withdrawal penalty.

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