Archive for March, 2008

Career in finance?

Posted by admin on March 27, 2008
Selling Annuities / 1 Comment
Sell Annuity
lithium630 asked:


Time for a career change. I’m going back to school to get a masters degree in business finance. What are the best jobs available right out of college? I’m not interested in selling insurance or annuities. Thanks

Tags: , ,

What careers are available that require a Life Insurance License?

Posted by admin on March 27, 2008
Selling Annuities / 2 Comments
Sell Annuity
Ross R asked:


I live in St Louis and work at a bank. I recently got my Life Insurance License so that I can sell annuities at the bank. I was just wondering what other jobs are out there that would benefit from a life insurance license. My only hangup is that I don’t want to get into the all out sales positions. Any help would be greatly appreciated.

Tags: , ,

how to pay off cash advance on credit card?

Posted by admin on March 25, 2008
Cash Advance / 4 Comments
Cash Advance
ryan h asked:


say i have $100 as cash advance on credit card and $5000 debt on that card also. i can’t pay the card off entirely, but how do i pay off the cash advance first while still paying the credit card itself?
can i call the credit card company and get them to do it? or is that not possible?

Tags: , ,

How do you get a cash advance without a PIN?

Posted by admin on March 25, 2008
Cash Advance / 4 Comments
Cash Advance
stoneygator61 asked:


My 16 year old daughter is in Australia. She needs cash. Can she get cash from her hotel using her credit card? We don’t have a P.I.N. for the card so she can’t go to an ATM. Any suggestions.? I’ve NEVER in my life had to get a cash advance.

Tags: , ,

Estate Tax Question - IRA Proceeds?

Posted by admin on March 24, 2008
Selling Annuities / 2 Comments
Sell Annuity
executor asked:


I am executor of mom’s estate and she had an IRA/Annuity valued aprox $40,000 taxable to estate - she also owned a condo which we are trying to sell - I am wondering if we sell condo this year and take a loss of say $10,000 can that offset the income of IRA or are there limits - Thanks

Tags: , ,

Selling Annuities.A MONEY MAKER or SCAM?

Posted by admin on March 14, 2008
Selling Annuities / 2 Comments
Sell Annuity
Scott C asked:


Is there anyone doing this out there that knows the truth? I’m interested in the business but want to find out it’s legitimacy. Someone that’s doing it and making money hand over fist with it as boasted in emails and mailings.

Tags: , ,

how much do banks make to issue a cash advance from a credit card?

Posted by admin on March 10, 2008
Cash Advance / 3 Comments
Cash Advance
integritytwo asked:


I got a $5,000 cash advance off my VISA card. I did not pay a fee for this, but the bank who gave me cash must get some commission from my bank card for their trouble. Anybody know how much they get? Anybody out there manage a bank?

Tags: , ,

Will buying a larger house in Florida protect my mother’s assets from Medicaid?

Posted by admin on March 08, 2008
Selling Annuities / 2 Comments
Sell Annuity
Keith L asked:


My mother owns a house in Florida free-and-clear. When my father passed last August, my mother became sole owner of the house (she is also on the title). My mother/father have two sons: me (the youngest) and my brother (who is mentally retarded–he is qualified with Social Security as disabled). Both sons are adults.

My father left me the bulk of his assets (the majority being the funds within his brokerage account) in order to assist me with the care of my retarded brother in the future. My mother is okay financially thanks to an annuity and social security.

Thing is, I want to preserve these brokerage funds for the future. What if my mom ends up in a nursing home?

To protect these assets, I want to gift the brokerage account funds to my mother. Then, my mother wants to sell her house and parlay the resulting funds into a new, larger house. She would also then apply the gifted brokerage account funds that I give her towards the new house.

Will this protect our assets?

Tags: , ,

Do cash advance websites pay you that day?

Posted by admin on March 07, 2008
Cash Advance / 2 Comments
Cash Advance
~ Trying 2 Keep a :) ~ asked:


So I need money for rent… Really Bad! I applied online to a few Cash Advance places that say you will be paid that day or the next. Do they really pay you that fast? Cuz Im kinda depending on it.

Tags: , ,

Is a Visa gift card considerd a cash advance?

Posted by admin on March 04, 2008
Cash Advance / 6 Comments
Cash Advance
Rick M asked:


I want to give a cash gift for a wedding and need to use my credit card. I would like to avoid cash advance fees and higher interest rates on cash advances. Does anyone know if I purchase a preloaded Visa card if this is considered a cash advance when using a credit card accout to purchase the preloaded Visa card?

Tags: , ,