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  1. K

    Largest one day trade?

    that's me recently. closed out a $140,000 account and moved it to a money market fund. I don't "trade."
  2. K

    New home insurance and estate plan

    Limb's hanging over the house or garage is an exposure, limb falls, punches hole in roof, results in claim. Insurance company's will notice condition of trees and proximity to structures during inspections and its not uncommon for them to decline issuance or cancel a policy for those reasons...
  3. K

    How to re-deposit HSA overpayment?

    as cathy said, check with the HSA for return of funds policy. they should have one. I had to do something similar with 529 distribution. it was a simple resolution to return the money. at the same time, do you have any other HSA eligible expenses that have been harvested? you could always...
  4. K

    my toxic inheritance

    I'll add, it's a prime example for buy sell agreements funded with life insurance.
  5. K

    Renovating and selling a home out of state

    You mentioned this is a condo in a development. Have you considered a posting in the clubhouse or mailings to the community? You might find someone there who's interested in the project and potentially save the real estate commission. If it were me, I'd dump it (within reason) just to move on...
  6. K

    Health insurance handcuffed

    I feel this. Health Insurance will be my single largest expense in retirement. The benefits will be comparable to what's offered by mega corp, but without the mega corp subsidy. It's going to be plus/minus $2,000 per month with a high deductible HSA type plan.
  7. K

    Drop damage insurance on rental properties?

    Insurance costs are one factor that goes into the P&L equation. remove the cost, more profitable, but you are exposed on the downside if they go by by. Have you considered the payouts in potential claim situations? example, they burn to the ground. You don't need them to burn to the ground...
  8. K

    Forum Update - We're back! Ask your questions here.

    I love the "is this being discussed" similar thread feature.
  9. K

    Weddings for children - how much?

    My opinion, 50K each is exceedingly generous. What were doing? Undecided. 2 boys, 1 girl, and we envision her engagement in the next year or two. we've discussed the concept of big weddings (not fans) and have gone so far as to encourage elopement. we've also discussed a small gathering in...
  10. K

    Invoice from a car rental company alleging "traffic infraction" 9 MONTHS LATER!

    first, big deep breath. 1. I would suggest you call the rental company, and ask for an explanation. 2. I would dispute the debt collection. they can't report you to any credit bureau while the debt is being disputed.
  11. K

    Invoice from a car rental company alleging "traffic infraction" 9 MONTHS LATER!

    100 points or more for 3 years. I learned this due to a dispute, again, over a health insurance bill for my wife. had no idea she got dinged until we filed for a HELOC and the bank didn't want her name on the note due to her credit score. I would not advise ignoring this.
  12. K

    Invoice from a car rental company alleging "traffic infraction" 9 MONTHS LATER!

    If you got a legit debt collection notice, they are obligated to provide proof that the debt is legitimate. I'm dealing with a $67.50 charge that my health insurance company was supposed to pay. the notice from the debt agency has a box to check if I dispute the debt. as far as dinging your...
  13. K

    Invoice from a car rental company alleging "traffic infraction" 9 MONTHS LATER!

    I have no idea how long "normal" is, however, it can take some time to filter down from the authority who issued the charge to the end user. example, i get loaners from the local dealer when the car is serviced. technically a rental. the loaner's never came with ezpass, and inevitably I'd go...
  14. K

    Invoice from a car rental company alleging "traffic infraction" 9 MONTHS LATER!

    get an explanation as to the traffic infraction. I live in NJ, and assume it's either a red light ticket, or a toll violation. lets see if I'm right. as to the threatening of credit, assuming the 50 charge is legit, there may be a way to settle that separately, and then get the rental company...
  15. K

    Best approach in general to a hot upstairs?

    Insulate the garage ceiling (heat rises) and introduce a second AC system. You might get away with a window unit or wall sleeve unit, but the minisplit is probably the most efficient and cost effective. buy once cry once.
  16. K

    Career advice sought for young student about to start college.

    I think the OP is asking for a safe major that might translate into multiple career opportunities. 2 of my kids went for business administration. one now works in a sales/support role for s&p global and the other is in manufacturing, working with his hands and tools building stuff. I noticed...
  17. K

    Blow that Dough 2024

    Just buttoned down our Chicago trip to see the mets in June. Me, wife and middle son fly EWR to ORD, daughter DEN to ORD. 3 nights in a suite in Chicago. Mets/Cubs on Sunday, White Sox/Dodgers on Monday and then we take Amtrak to Milwaukee to see the Brewers on Tuesday. Everyone flies home...
  18. K

    Blow that Dough 2024

    I see those plans flying up/down the Jersey Shore during the summer. I think they leave from airport in Wall, fly the coast to Sandy Hook and back. Always makes me smile.
  19. K

    Legacy investment for GGGrandson?

    who is the life insurance policy on, or for? who is the "insured" I ask, because if it's gggrandma, ten grand buys whatever amount of life insurance that gets paid to a trust for the gggrandkid, well, that's not so bad. It were talking about a 10k policy on the kid, no bueno, in my opinion...
  20. K

    What new series are you watching? *No Spoilers, Please*

    the gentlemen was really good. guy richie series, so quirky like a tarrantino thing. we really good, great plot twists and a bunch of over the top stuff, most really funny.
  21. K

    What new series are you watching? *No Spoilers, Please*

    we finished it last night. done well, quick series (6 episodes) and a great cast. diane lane still does it for me.
  22. K

    RMD Workaround?

    Lets not overreact. ?
  23. K

    RMD Workaround?

    Can the "contribution" be made but without any favorable tax treatment? I don't know. It wouldn't be a good idea, in my view. Just wondering if cannot is actually should not.
  24. K

    RMD Workaround?

    the taxes are generated by the 1099 that they issue, unless, the financial institution automatically withholds, and I don't know if they do or don't. take in December (1099 issued) and put it back in January. Great. I don't think you can take a deduction for the deposit, right? I don't know...
  25. K

    Recommendation for small business insurance?

    find an independent agent with expertise in his business sector.
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