[Flygirl02] I don't understand the "spread" people have talked about when cashing in...so I don't know yet when bank or institution to go to.
[millionday] pet boarder
[piuser64] personal assistant
[millionday] Flygirl02 it is the difference between the cbi rate and what they will give you
[Rudie] should we be able to get the cbi rate?
[Flygirl02] Is it true that better rate given to groups
[millionday] security company --(personal during cash movement) (home when you buy) etc
[Dovi] millionday ??
Read More Link On Right
[millionday] i will be using XXXX XXXX due to what their spread is but i would ask what the rate is and what they are getting and compare after you cash in a note and have money to afford to compare
[Flygirl02] Ok ty
[faith1] Who to talk to first , if in bank rupcy..
[millionday] i dont think it is true -- i think that the rate you are given when dealing with a bank is about how much money you have
[millionday] Rudie we should be able to get very close to it
[Rudie] millionday thx
[millionday] personal assistant is great one
[Domino] faith1 The first call you make after family is to your BK attorney if it's not settled yet
[millionday] remember you will be nervous
[MatCauthon] If your in bankruptcy get an attorney and don't talk to anyone else
[faith1] Domino ty
[millionday] if children are in school -- you need trusted child care -- these are all things that you can choose now by research and reference
[Domino] If you've filed BK and it's closed you are likely in better shape than most because you will look like a bad egg to anyone looking for a handout
[millionday] if you are gifting dinar or cach -- you speak to an attorney first - cash -- i cant even spell it i am so broke lol
[Dovi] Domino BK atty means bank atty?
[millionday] also debt manager -- they will help you pay off all of your debt and get it all together
[Domino] Dovi Sorry Bankruptcy attorney
[Florida Country Girl] Until my divorce is final I say have a great Momma as she will be holding all my assets in her name. I would share but he told me not to buy in as this was a scam lol
[Dovi] Domino ty
[Hunch] Florida Country Girl ��
[Domino] Dovi Welcome
[millionday] Florida Country Girl you need to ask your attorney how to avoid giving the most so that nothing is ever illegal over your head
[Florida Country Girl] One of my first ?'s
[millionday] make sure and talk to a private banker about setting up a annuity
[millionday] what that is ---- you put a bunch of money for your business , foster home, new charity and it keeps paying out money monthly for it to remain
[Domino] Many of us have talked about how much sleeping and/or relaxing we are going to do post RV - My friends, managing investments and assets will be a full time job. Don't fool yourself into thinking it won't be.
[millionday] an attorney -- God forbid -- for your will remember this and write it down --
cookie2] I have a question--- What kind of money do you need to have for this all to be worth doing? Is there a starting point?
[Dovi] Yes..estate attorney can help with trusts
[faith1] Domino !! Domino i've always said our job has just begun !
[Domino] cookie2 That's personal & different for everyone but here's how I look at it
[Florida Country Girl] Good ? Cookie2
[millionday] at different times in your life you have been asked who your beneficiary is for one thing or another -- at the hospital -- at a job that gave you insurance etc --- you want all of that changed -- not that they could win -- but you dont want someone from the past to be able to make someone in your present miserable
[millionday] let me tell you something my husband and i are going to do - it is fun and will make things fun that are very time consuming
[millionday] we have found a beautiful house and we love it but the people that lived there hung wall paper and painted in some kind of taste that neither of us have ever seen --so
[Domino] cookie2 If you can pay off everything you owe, buy everything you need, some of what you want and when you stop you have goals to accomplish you need to invest for, it's for you.
[millionday] we are going to have three companies for interior design, property design, fencing and driveway and security design---etc etc --- submit their design and bid and have a meeting with each of them and then from the three in each category -- we are going to choose one and accept their design and bid -- (like the show) -- it sounds like a great idea and a lot of fun
[Dovi] millionday love it
[Rudie] It does Millionday!
[cookie2] millionday And check on their work from others.
[cookie2] Domino TY
[millionday] what do you think? -- it is companies we can choose now and research how they are listed on better business and angies list etc and narrow is down to three companies and we know our taste
[Dovi] something to fill in while waiting..excellent
[millionday] so it will be alot of fun and we will already have the companies chosen
[Rudie] So much fun sounds like!
[Domino] millionday brings up another good point: We've all imagined what we will do with lots of options and choices. We will for a while but not having to do much of anything really gives us who we are in life & from there most of us will look for contributions we can make that may or may not produce income.
[Domino] cookie2 Welcome
[millionday] yes -- and remember that houses do not close and are not ready to move into right away so make another page of what you are going to do while waiting for it to be ready for you
[millionday] Domino yes great idea --- we need to choose any charities we would like to help
[millionday] i have a story about what happened to me when trying to decide
[Rudie] Ok how do we know which attorney, wealth manager, estate mgr. etc to choose? I know we can get names from people we trust but I don't have any wealthy friends. Goggle phone book, etc but how do you know they are good honest trustworthy people?
[Domino] millionday let's hear it
[Rudie] That know what they're doing! smile
[Dovi] Rudie look up actec.com or org...a kind of attorney...find your area and interview several til you find one that fits..
[faith1] Rudie i am having a time with that ,,, good atty,,
[Domino] Rudie Get creative about asking for referrals like ask your accountant if they had $10m what tax attorney they would trust
[Rudie] Dovi thx
[millionday] i prayed and prayed -- oh God please tell me who you want me to help -- over and over until i think i got on his nerves because one day i was once again asking and my answer almost sounded like my Father ---- irritated ----the voice came to my head or heart or spirit and said --- i have already sent them to you -- they are those in your life
[Rudie] Domino k thx
[piuser64] amen MD
[Dovi] American College of Trust and Estate Counsel actec.org
[Domino] You also need to develop a process of interviewing, let it sit for a few days, interview another, same thing, then choose who you resonate best with.
[millionday] Rudie i have places that are where the attorneys are listed by their past like the better business b --- so i will post to this the link and you put in your area or the area you want and it pulls up the ones that have been the most successful in the eyes of the nation
[Rudie] Domino millionday k thk u both
[Dovi] millionday great!
Domino] I also suggest we allign outselves with a company that does background checks. Be patient with what you find out and don't operate in panic or fear of loss - peace, gratitude, and joy are best
[Hunch] MIllionday if you have any "special" information for Canadians, please share��
Domino] Rudie Welcome dear
[millionday] right -- and also -- the subject at hand can help -- for instance -- the private banker can help you find a wealth manager that has been used by successful; clients -- the real estate person can tell you the best appraiser ---- the vet can tell you where to board your dogs /pets and the list goes on
millionday] Hunch yes i will -- i will add it as a comment on the post and also Rudie if you can make part of the title to add info that is going to help for many -- in the forum
[Domino] Also remember WE ARE ALL GOING TO MAKE MISTAKES! be forgiving put it behind you and move on
[millionday] also -- you need a will ---- as soon as possible and also to make sure all of those issues are resolved privately --- not where anyone breathing knows what is in it
millionday] and make sure that your accountant sends to your other accountant and tax attorney every quarter and make sure that you have a small bank account to order those great shoes on-line and make sure that you have a personal account that has a cap on it and you have normal control over – and make sure that the money can be accounted for
[Domino] Here's a couple of other suggestions - Get a dedicated (designated?) computer for doing banking & bills, nothing else - Come back in here post RV as we all share our experiences, breakdowns, and breakthroughs & referrals.
millionday] when you do transfers -- make sure that you keep it all accounted for and you are not the only one -- have a wealth manager that keeps up with everything and also
[Domino] Our currency is not worth very little but for those who may not be cashing all in, any you still hold will have enormous value and is a much greater risk for those who would take it from you. Find a good place to put it and get it there.
[millionday] an investment advisor will check out everything to do with what investments have been pitched to you
[millionday] we have to know all regulations about that because we may only have so much time to cash in anything over 10,000 and that would make sense with iraqs travel regulations
[Domino] millionday That's true unless they are making the recommendation. In that case you need another pair of experienced eyes to verify it fits your plan
[millionday] it is so easy to want to help when you can -- understand that you are going to feel as though God has sent people to you and real con men and women know that and have followed this -- they prey on people that feel blessed and it is sad but true
[john77] I think one of the most important things is make sure your dinars will be secure where they are at the moment you find out. (in case anyone else knows the hiding place)
[Domino] Ok everyone, time for me to go - thanks for your time and your thoughts and contributions. Be back in tomorrow.
[cookie2] Domino TY gn
[Flygirl02] Me too, thank you all!!!!
[Hunch] Domino goodnight
[Dovi] Domino nite hon
[Domino] Rudie I look forward to reading all this - GN all
[millionday] right i hate to say that but it is true -- my Father is a pastor and the best man i have ever known --- and i love our God --- but people love to take from those that love and those that are good because they are easy prey and they are not good people
[Domino] millionday Milly, you're the best no matter what anybody says
[millionday] i have to go to bed -- i hope that you have written some of this down and will start on it