Posts Tagged ‘investment’

Online Checking Accounts Versus Walk-In Bank Accounts

As I have noticed, all the banks with online setup for checking and savings, have new “no minimal setups” and “no minimal deposits.” I have to say, the setup goes smoothly and you do not have to hand anything to a half wit and hope they do not fumble your investment money. You just make sure that you do not screw it up.

I have been charged 27 times for overdraft fees that never actually happened, 8 of them at one time. This set me back quite a bit of money, $216 to be exact. It all came out of one check and the day before my car note was due. After many hours of hearing “but you spent it.” and being transferred, I emailed a bank representative. I mean, they were saying it was because I went into the red, which is bull. Finally, I got someone with an IQ, and she said, “Oh, I see what happened. You should see a refund in three days.” Well, 12 phone calls and a month later, I still have not received my money back.

The whole “no nickel and dime” slogan rings true: Sure, they will not nickel and dime you; they will dollar and five you. They charge you $20+ to do a balance inquiry from another bank’s ATM. God forbid someone in a store checks the validity of your account by having you type in your PIN code. Sure, the checks are free.

That looks like a nickel to me.  I paid  for something online in Virginia.
Now, I have been using Prosperity Bank for a few years. I was going to that bank, back before it changed its name on me twice. I had issues with the way a few things changed, so I took out all of my money last year except for 95 cents. I went to an online checking account at a very popular bank, the one bank that tells of “No hassle” and they “won’t nickel and dime you.” BS! Well, as I am seeing things, I will go back to Prosperity Bank. See, I didn’t know what they were up against with everything changing around them, I guess I just needed to evolve with them or die out there on my own. This walk in only bank has accounts that have minimal amounts limitations or they charge you small fees. Luckily, I have an account older than the company’s logo, so I still have 100% free checking. The downside is, the checks cost me money.

Online checking = free checks, ATM fees out the yin-yang, no minimum savings, no lines to wait in when making adjustments to your account, and your security is as high as your encryptions.

Walk-in checking = costly checks, no fee to check your balance at any ATM, savings are $2000 minimal, and you have to wait in line to transfer money around accounts. Savings is a hassle.

Who in their right mind trusts a bank with a name that looks like “watch over ya” but pronounces it “walk over ya?”

The Breath of Blu-ray

 [tags]blu-ray, blue ray, definition, detail, flat screen, hidef, high, high def, investment, lcd, liquid crystal, online investment, plasma, progressive, Resolution, share holder, sony, stock, stock market, xbox[/tags]

Looks as if Sony has taken its deep breath and sucked the last stitch of life out of HD platform disks and media. This makes HD players a soon forgotten, obsolete, useless media, much like what happened to Sony years ago with the beta max.

The Death Blow.

NetFlix went exclusively Blu-ray. Anyone with pre-ordered HD NetFlix will be getting regular dvd’s. Best Buy will exclusively recommend Blu-ray. (Thanks, Andrew McCaskey from Slash Dot Review). If you want more detail on this listen to the episode of 2/11/08

My question is, “If you people see this like I do, then why have you not invested in Sony as I have?” I mean, you guys do realize that Blu-ray is Sony.. Right? Now, is the time to move as much of your stocks over to Sony, because the Goliath of a machine they have for a gaming platform (that is the most convenient form of Blu-ray player). As of right now, it is the one gaming console with the least amount of games. There is just three months before it explodes, ending its typical first quarter with a mess load of games. This, of course, will bring even more people into purchasing Sony’s games & company stock.

Now that huge, high definition televisions are holding down the carpet in your house is about to become a greater resource as the video standards start sliding towards Blu-ray’s quality. Your 52″ HDTV with it’s 1080p resolution is about to become typical and common place, but you do not get there without selling a few million first.

The moment you know it’s way to late, is when Microsoft announces “Yeah, we are releasing a Blu-ray drive for the XBOX 360.”

You do have to realize that every kid is going to want to drop their current console because they want be ‘like the rich kid’ and get the more expensive one. Kids are that way, ‘the rich kid’ always gets the stuff no one can afford and brags to everyone how cool it is. Then when everyone has it, he drops it and gets something more expensive. Well, there is no console more expensive than the Sony Blu-ray. The rich kid and poor kid will soon have the same thing and they can actually play the same game online. Although, online games are free with Sony and you have to pay monthly fees for XBOX Live. Maybe, if the timing is just right, Microsoft will release the 360 Blu-ray with 300 gig hard disk and a more expensive version of XBOX Live to give the rich kids something to run to when all the other kids convert. Of course, that means Microsoft will have to pay Sony for rights to use the Blu-ray format. :-) Do you get what I am saying here?

Watch the dang stock!

Blu-Ray Umd For a Blu-Ray PSP ? Rumor?

Where did that start?

[tags]high def, definition, HDTV, high, Resolution, lcd, plasma, xbox, sony, blue ray, blu-ray, liquid crystal, flat screen, progressive, hidef, detail[/tags]