tag:blogger.com,1999:blog-33255068.post9211256675537569289..comments2023-11-02T05:18:21.296-07:00Comments on Bakersfield Bubble: We have a winner. Net Bank FAILS, FDIC steps in.Bakersfield Bubblehttp://www.blogger.com/profile/12663275045022347451noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-33255068.post-85505267687214560482007-10-03T08:17:00.000-07:002007-10-03T08:17:00.000-07:00dicktracy-Just a little busy.Thanks for asking.dicktracy-<BR/><BR/>Just a little busy.<BR/><BR/>Thanks for asking.Bakersfield Bubblehttps://www.blogger.com/profile/12663275045022347451noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-10031543773909707602007-10-02T17:27:00.000-07:002007-10-02T17:27:00.000-07:00BB-Are you out of town? Kind of quite after KGET's...BB-Are you out of town? Kind of quite after KGET's real estate forum?dicktracyhttps://www.blogger.com/profile/01106698565576825362noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-75275389874267730552007-10-01T18:00:00.000-07:002007-10-01T18:00:00.000-07:005:00pm KGET news ran a good follow-up piece. Cred...5:00pm KGET news ran a good follow-up piece. Credit goes to Kiyoshi for asking some of our questions and actually getting an answer. I was particularly surprised he got someone on camera to admit we're no where near bottom.<BR/><BR/>Guess it's not a "buyer's market"AnalysisGuyhttps://www.blogger.com/profile/13137333637279132835noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-28842215664481081712007-10-01T12:07:00.000-07:002007-10-01T12:07:00.000-07:00CNBC's Maria Bartiromo/Bill Maher Housing Bubble V...CNBC's Maria Bartiromo/Bill Maher Housing Bubble Video<BR/> <BR/>Here is a clip from Real Time with Bill Maher which aired Friday September 28th. I have never heard the housing slump sound or look this good.<BR/><BR/>http://thegreatloanblog.blogspot.comThe Editorhttps://www.blogger.com/profile/10962625735760822645noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-21367006133250846412007-09-29T10:05:00.000-07:002007-09-29T10:05:00.000-07:00Tyone is correct about Payable On Death (POD) acco...Tyone is correct about Payable On Death (POD) accounts. From the FDIC website, here's how a married couple with three kids can deposit $800k of FDIC insured funds:<BR/><BR/>Example: Bill has a $100,000 POD account with his wife Sue as beneficiary. Sue has a $100,000 POD account with Bill as beneficiary. In addition, Bill and Sue jointly have a $600,000 POD account with their three children as equal beneficiaries.<BR/><BR/>These three accounts totaling $800,000 are fully insured because each owner is entitled to $100,000 of coverage for the interests of each qualifying beneficiary in the accounts. Bill has $400,000 of insurance coverage ($100,000 for the interests of each qualifying beneficiary – his wife in the first account and his three children in the third account). Sue also has $400,000 of insurance coverage ($100,000 for the interests of each qualifying beneficiary – her husband in the second account and her three children in the third account).Funny Circus Bearshttps://www.blogger.com/profile/08020349317910148048noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-29778746547353935292007-09-28T21:51:00.000-07:002007-09-28T21:51:00.000-07:00Each named beneficiary provides you insurance cove...Each named beneficiary provides you insurance coverage on your deposits. So if a credit union fails, each beneficiary provides $100K coverage and it is additive to protect the account owner.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-34791270250693384652007-09-28T20:55:00.000-07:002007-09-28T20:55:00.000-07:00and what happens if you don't die?and what happens if you don't die?Unknownhttps://www.blogger.com/profile/15910317878726017663noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-84260284563540617472007-09-28T19:36:00.000-07:002007-09-28T19:36:00.000-07:00Sobering news. For those in Credit Unions, here's...Sobering news. For those in Credit Unions, here's some useful information. An individual account owner can increase coverage by naming beneficiaries in a Pay-on-Death type of account. I have over $200K in an account (starone.org, earning 5%) with 3 beneficiaries--$100K per named beneficiary, so I'm fully insured.<BR/><BR/>NCUA Publication on Insured Funds:<BR/>http://tinyurl.com/3xecpb<BR/><BR/>NCUA also has some online estimators to do what-ifs on coverage.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.com