Comments on: ShareBuilder Acquired by ING Direct http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 20 Mar 2010 19:54:44 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Buddy Edmondshttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-197902 Buddy Edmonds Wed, 02 Sep 2009 00:20:30 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-197902 I am a novice with the computer and know dip shit about dealing in the stock market. However, I m a pretty damn good typist for a 72 year old. But not all that great on patience. I am a novice with the computer and know dip shit about dealing in the stock market. However, I m a pretty damn good typist for a 72 year old. But not all that great on patience.

]]> By: Buddy Edmondshttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-197901 Buddy Edmonds Wed, 02 Sep 2009 00:12:24 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-197901 Just signed up with Share Builder Co and before I could get last bit of info the computer signed me off that program. What email do I use to transfer funds and purchase stock? I want to buy a 2500 dollar block of Bank of America. What now? Just signed up with Share Builder Co and before I could get last bit of info the computer signed me off that program. What email do I use to transfer funds and purchase stock? I want to buy a 2500 dollar block of Bank of America. What now?

]]> By: Shopgirlhttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-133583 Shopgirl Wed, 23 Jan 2008 06:21:02 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-133583 I have ING direct accounts - 2 years strong, their savings, checking, IRA, and now sharebuilder, and i have had no problems. Still have my checking account (thank goodness!) and no nasty letters.Sharebuilder is nice for setting up automatic investments to build stock/eft balences over time (Hello Dollar Cost Averaging Berkshire Hathaway B-Shares!). Good to get yourself started if you are new to investing or don't want to work for the knowledge but also don't want to pay for advice. This is not an account for active traders though, better off with scottrade for that.No word on when my sharebuilder account will show up on ING Direct's Website though, but any improvements to the investment page (where my IRA is) will be greatly appreciated! I have ING direct accounts – 2 years strong, their savings, checking, IRA, and now sharebuilder, and i have had no problems. Still have my checking account (thank goodness!) and no nasty letters.

Sharebuilder is nice for setting up automatic investments to build stock/eft balences over time (Hello Dollar Cost Averaging Berkshire Hathaway B-Shares!). Good to get yourself started if you are new to investing or don’t want to work for the knowledge but also don’t want to pay for advice. This is not an account for active traders though, better off with scottrade for that.

No word on when my sharebuilder account will show up on ING Direct’s Website though, but any improvements to the investment page (where my IRA is) will be greatly appreciated!

]]> By: Danu9http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-124146 Danu9 Sat, 24 Nov 2007 14:27:00 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-124146 I'm a Sharebuilder account holder & have been for quite a while. I, like Chariot, had a savings account with ING and it's closed (due to ING's practices).I'm seeing me having to do the same with my Sharebuilder account as Chariot had to do with the Netbank account. I agree with the bad karma and PR for ING. Also have nothing good to for them.They're po'ing too many people. After reading a story about them snubbing those with over $100K, it made me think ING has much too much to lose if it don't change it's practices.The story is found at http://www.forbes.com/business/forbes/2004/0524/176.html, titled Where Money Doesn't Talk Matthew Swibel, 05.24.04Per the story, ING is more interested in keeping expenses down than treating its customers right. I can understand the logic of keeping expenses down. There's also a cost at keeping them down to less than half of what the rest of the banks do Tho story only listed what Bank of America paid. Still .... making money at the expense of everything else is not the way to go. Kuhlmann may scoff those who he considered need too much hand holding and banishes a former account holder for making daily balance inquiries by phone (hey! it's the account holders $$ .... their perogative; not ing's), there will come a time when Kuhlmann & ING will need and want that hand-holding & won't find it.Won't find any sympathy here that's for sure. Not likely to due to the many, many issues with other customers. I’m a Sharebuilder account holder & have been for quite a while. I, like Chariot, had a savings account with ING and it’s closed (due to ING’s practices).

I’m seeing me having to do the same with my Sharebuilder account as Chariot had to do with the Netbank account. I agree with the bad karma and PR for ING. Also have nothing good to for them.

They’re po’ing too many people. After reading a story about them snubbing those with over $100K, it made me think ING has much too much to lose if it don’t change it’s practices.

The story is found at http://www.forbes.com/business/forbes/2004/0524/176.html, titled Where Money Doesn’t Talk Matthew Swibel, 05.24.04

Per the story, ING is more interested in keeping expenses down than treating its customers right. I can understand the logic of keeping expenses down. There’s also a cost at keeping them down to less than half of what the rest of the banks do
Tho story only listed what Bank of America paid. Still …. making money at the expense of everything else is not the way to go. Kuhlmann may scoff those who he considered need too much hand holding and banishes a former account holder for making daily balance inquiries by phone (hey! it’s the account holders $$ …. their perogative; not ing’s), there will come a time when Kuhlmann & ING will need and want that hand-holding & won’t find it.

Won’t find any sympathy here that’s for sure. Not likely to due to the many, many issues with other customers.

]]> By: Chariothttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123650 Chariot Thu, 22 Nov 2007 05:28:21 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123650 I was an account holder at NetBank and it was also taken over by ING. Since I previously had a savings account with ING and closed it in 2006, they would not honor the transfer of my NetBank account over to ING. Said they didn't want my business. I had to transfer all my funds over to another bank before ING stopped servicing the NETBANK accounts. Bad karma!! Bad PR for ING. I have nothing good to report from them. I was an account holder at NetBank and it was also taken over by ING. Since I previously had a savings account with ING and closed it in 2006, they would not honor the transfer of my NetBank account over to ING. Said they didn’t want my business. I had to transfer all my funds over to another bank before ING stopped servicing the NETBANK accounts. Bad karma!! Bad PR for ING. I have nothing good to report from them.

]]> By: Zookhttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123603 Zook Wed, 21 Nov 2007 15:35:28 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123603 Will ING keep the sharebuilder name? Sharebuilder must have been doing some things right if a monster like ING bought them and their must be some things ING would like to improve upon as well.I am one of the few that do not have an ING savings account, but I have some 457 money with them and have helped folks open up ING savings accounts and with their rates and ease of use, this is a good thing! Will ING keep the sharebuilder name? Sharebuilder must have been doing some things right if a monster like ING bought them and their must be some things ING would like to improve upon as well.

I am one of the few that do not have an ING savings account, but I have some 457 money with them and have helped folks open up ING savings accounts and with their rates and ease of use, this is a good thing!

]]> By: David Mackeyhttp://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123503 David Mackey Wed, 21 Nov 2007 01:09:55 +0000 http://www.consumerismcommentary.com/2007/11/20/sharebuilder-acquired-by-ing-direct/#comment-123503 Yeah, I got this email as well. Very exciting news. I'm an ING Direct customer and interesting in ShareBuilder. Yeah, I got this email as well. Very exciting news. I’m an ING Direct customer and interesting in ShareBuilder.

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