July 25th 10am Newsletter

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Quick Link to Posts

​What Is a Payable on Death Account (and Do I Still Need a Will if I Have One)?
Jessica Sillers Jul 16, 2019

When you login to your bank account online, you might notice an option to choose a beneficiary. Generally, this is someone who’d inherit your bank account after your death. The official name is a “payable on death” or POD account.

Easy enough. Enter your beneficiary’s name and contact info: Done. So, if you go this route, do you still need a will? Isn’t it easier to just type in your beneficiary’s name and be done with it?


Cutebwoy:  GM room some news ,Allawi is governor of the Central Bank and Salah Nuri as head of the Financial Control Bureau ,article in arabic language for now but thats the heading

RVAlready:  We will see how he does. Allaq got promoted to the regional bank, with office in Saudi Arabia….Hopefully, Allawi knows how to push that button…..And Lagarde is headed to ECB

Pearle: I hope someone see the RV as a priority and push the button

Cutebwoy: so i guess iraq can't wait till september anymore to put CBI governor in place cause alot of investment project are starting now and also the kuwaiti conference pledged money starting to come onto iraq now

Netglobal: Well from what we have been hearing it does not matter what is going on in Iarq now. It is all in the UST and IMF hands

The Reason Many Ultrarich People Aren’t Satisfied With Their Wealth
By Joe Pinsker

At a certain point, another million dollars doesn’t make anything newly affordable. That’s when other motivations take over.

As the number of millionaires and billionaires in the world climbs ever higher, there are a growing number of people who possess more money than they could ever reasonably spend on even the lushest goods.

But at a certain level of wealth, the next million isn’t going to suddenly revolutionize their lifestyle. What drives people, once they’ve reached that point, to keep pursuing more?