Archive for the 'Personal Finance' Category

Refinance Started

Tuesday, September 29th, 2009

I have been watching the mortgage interest rates diligently for the past two to three weeks. Yesterday, I kicked off the refinance process. I had already obtained quotes directly from the big banks (Bank of America, Wells Fargo & Chase) but most of their rates included an one point fee (which I do not want). [...]

Application for the Bank of Internet High Yield Savings account

Tuesday, March 3rd, 2009

Earlier last month, I decided to apply for Bank of Internet’s High Yield Savings account. With a name called “Bank of Internet”, one would expect that the application would take place at “internet” speeds. Unfortunately, my experience is quite the opposite. As far as the speed of processing is concerned, this application seems to take [...]

Whole versus term life insurance discussion on Bogleheads forum

Friday, December 7th, 2007

Some readers probably already know that I am into the “buy-term-and-invest-the-difference” philosophy as far as life insurance is concerned. I am especially disgusted with financial advisors who peddle whole life insurance just to line their pockets and often doing it without any regard as to whether the whole life insurance is suitable for the client [...]