Bricejm

9 ms·

31.
by Bricejm 14y ago
Jeff CEO/Founder - We will be disclosing all fees, which as a financial institution we would be required to do anyway. We also aren't charging any upfront fees or 'loads'.
32.
by Bricejm 14y ago
Jeff - CEO/Founder - We will be creating other trust products down the road, but for now we're concentrating on children's savings.
33.
by Bricejm 14y ago
Jeff - Founder/CEO - This is exactly what we want to do. Most parents we've talked to have made the same comment. Saving for a child's future should be easy, and involving the child's family/social network is our goal.
34.
by Bricejm 14y ago
With TrustEgg you will be able to share the account with grandparents/aunts/uncles, etc and they can make deposits as well.
35.
by Bricejm 14y ago
Jeff - Founder/CEO - A trust is protected and in the child's name. Can't be touched by parents or the parents creditors. We also let you take advantage of the Kiddie Tax exemption. There are also no minimums. We offer access and ease.
36.
by Bricejm 14y ago
Jeff - Founder/CEO - This will all be made clear. It's a UTMA and very easy to use. We will also be handling everything behind the scenes. Saving for your child can be complicated, but that is what we're going to change.
37.
by Bricejm 14y ago
I'm surprised that this wasn't considered fraud. Sometimes bank tellers make mistakes, but that shouldn't lead to the bank taking a $95k loss. This guy played a joke on his bank - which would normally be considered illegal, but didn't lik
38.
by Bricejm 15y ago
The social interaction and relationships formed in college sometimes outweigh the content being studied.
39.
by Bricejm 15y ago
The argument that taxes on capital gains is a double tax is crazy. The original principal isn't taxed, just the gain - no double tax. There's no reason why capital gains shouldn't have a progressive marginal tax rate like ordinary income.
40.
Illinois college savings plan is $560 million short(stltoday.com)
7 points by Bricejm 15y ago|0 comments
41.
by Bricejm 15y ago
What happens if someone claims cherry scratched or left a ding in their car when they didn't. Couldn't someone pay $29 for a wash just to get something fixed.
42.
by Bricejm 15y ago
It's a big market. http://www.hedgefundsreview.com/hedge-funds-review/news/1938...
43.
by Bricejm 15y ago
Ratings required by the SEC, and the public, should not come from 'for profit' companies (S&P, Moodys, Fitch)when investment banks are allowed to shop around for the best rating. Blatant conflict of interest.
44.
by Bricejm 15y ago
Discussion about tax rates usually revolve around ‘Tax breaks for the rich’, or ‘Tax the rich!’. Opinions are usually developed depending on the individual’s income, but what if common sense was used. The U.S. has a marginal tax system. A
45.
Pawlenty's tax cuts(money.cnn.com)
5 points by Bricejm 15y ago|1 comments
46.
by Bricejm 15y ago
If the numbers in the article are correct, an IPO might be the beginning of the end. As a public company they will have to submit to outside audits. Based on their business model and cash situation they might not be of 'Going Concern' muc
47.
by Bricejm 16y ago
Your parents home is also probably worth 5-10 times what they paid for it. Housing prices increase as interest rates decrease. Homeowners are still paying the same monthly bill (adjusted for inflation) but they're just paying more for the
48.
by Bricejm 16y ago
The 1099 reporting requirement seemed excessive, especially when some corporations deal with thousands of vendors. Having to ask vendors to fill out W-9's is already a hassle, following up on every vendor would be a huge burden.
49.
by Bricejm 16y ago
Accounting: Assets = Liabilities + Capital. This deals with the Balance Sheet. Expenses/Revenues are reported on the Income Statement. Two completely different things. An income statement basically explains how well you're using the item
50.
by Bricejm 16y ago
I thought the author's comment that the most essential ingredient of capitalism is a salesperson. Most people in sales still say that today, but I believe innovation is what drives capitalism. When there's a possible reward, people are wi
51.
by Bricejm 16y ago
This should be a discussion about someone who had the conviction to quit his job and after repeated rejection turned an idea into a business. More examples would be helpful.
52.
by Bricejm 16y ago
It's true that the 'Ivy League' graduates many smart individuals, but does the Ivy League actually make them smart. It's the inverse of "garbage in garbage out". A top graduate at an Ivy league school would be just as smart if they went t
53.
by Bricejm 16y ago
I'm not quite sure what makes the difference. I'm sure there are laws for large corporations vs. a small business. All I know is when our corporation isn't charged sales tax on a non-exempt item, it's our responsibility to pay the sales t
54.
by Bricejm 16y ago
This can be difficult to explain. Sales tax or 'Sales and Use tax 'SUT' is the responsibility of the customer not the vendor. I'm an accountant and often a small business will send us a bill that doesn't include sales tax. Some things ar
55.
by Bricejm 16y ago
Over the last 30 years mortgage rates have decreased and with that savings rates (the less it costs to lend money, the less you pay to purchase money). An emphasis was placed on creating wealth in home equity and the stock market vs. savin
56.
by Bricejm 16y ago
The Bush tax cuts expire at the end of 2010. This is just temporary until the new adiministration can pass their tax legislation which will probably include something similar to this.
57.
by Bricejm 16y ago
Sometimes it takes experience to come across a problem that needs a solution. It's hard to come up with an answer until you fully understand the problem.
58.
by Bricejm 16y ago
Buffet describes the 'businesses with franchise value' as a company with a large moat - or brand value. That's why he owns large stakes in companies like Coca-Cola. They're not unique, but consumers are willing to pay a premium even thoug
59.
by Bricejm 16y ago
Leaving emotion out of investing.
60.
by Bricejm 16y ago
I think working on your startup are hours spent working towards a greater potential outcome than hours spent working in a corporation. There's more of a reward (sometimes) to starting your own company.

More ›