Recruiting Forum Football Talk IX

[Brillovol]

I live in New Zealand now and I actually really like roundabouts, they just make sense and keep traffic moving for the most part. Only problem is you do have to have a little bit of sense to use them.

Definitely. Let me say I’m not a huge fan of double lane roundabouts. Too much going on to reap the safety benefits. But single lane roundabouts are the way to go.

 

[Bigorangefaninga]

Hsa is only available with high deductible plan. But the threshold for that these days is pretty low at $1500

Correct, although most HDHP have higher deductible limits than 1500, some are the same as their out of pocket max and can be 4500 or more. You can do an FSA on a non HDHP but I don’t care much for FSA’s. I’ve been doing this for about 20 years and yes I should have removed the “especially” in front of the HDHP in my post.

 

[Adam Sandler]

Negative is limitations on what the funds can be spent on, but I think for single workers or younger couples without children it's smart to max one out each year if you can. You'll rarely use it if in good health, can invest inside it and then once older or having kids you got a big emergency fund sitting there. Since almost everyone's biggest emergency ends up being medical.

Of course the other big strategy is PAY **** OFF, lot of good these accounts will do if you're retired and still paying $1500+ in rent or mortgage with a fat car payment.

Limitations? The only limitation is pretty much cosmetics. So you can’t buy your lip gloss with it, sorry @Glitch , but just about everything preventative/comprehensive and even some insurance premiums is a sweet deal if you ask me. Never know when that will come in handy.

 

[UTvol1fn]

I've never done sports betting but....the question I have is if you miss one of your parlays...then you dont win anything?

That would be correct, but I'm not planning on losing

 

[Adam Sandler]

This is the way. I’m through with a buyout now and I plan on buying another small business in the next few years. I’ll sell them all within 5-10 years for more than double. People who save only in investments will never truly have real wealth. Have to have a mix. IMO

Categorically false claim but I like the entrepreneurial mindset

 

[Weezer]

Nice. I very much appreciate the clarification, Dexter.

Wrong again. Dexter was a killer. People can live with one kidney. Cheap hotel, bathtub full of ice, call to the paramedics after you've made your escape; death need not be part of the equation.

 

[UTSuave’]

@The Dog @mrMet @TrippieRedd @Enki_Amenra

 

[Adam Sandler]

I own a tax and accounting business now.

I am looking at a pest control company and a bottling company. One of my well off clients wants to sell me their commercial real estate property and I am debating it too. It makes hundreds of thousands every year and it is in the heart of Atlanta.

If you go online, you can find sites where people list their business and profit %, etc. I’m lucky that I have so many clients that are older and mention wanting to sell off soon.

If you need an exceptional valuation expert I got a guy

 

[PEPPERJAX]

I love McKay's but there's more body odor in there than a locker room.

Yep!
Good buddy of mine works there and he normally permeates the place with his aroma.

 

[LaagerVol]

I live in New Zealand now and I actually really like roundabouts, they just make sense and keep traffic moving for the most part. Only problem is you do have to have a little bit of sense to use them.

I love roundabouts

People around here don’t even have enough sense to use a traffic signal or 4 way stop correctly

 

[Enki_Amenra]

So here is another question...he only bet $10 so how is the total payout $1,000?

The odds are 100:1.

 

[Adam Sandler]

I go to the doc generally once per year. My wife goes generally once per year. Kids...same. Wife and girls also go to a dermatologist a couple times a year. Generally healthy though. I should be all done with surgeries after my last hip. That is why I wanted to get them both done this year.

Probably a nice deduction too if I had to guess

 

[Devo182]

I should be all done with surgeries after my last hip.

 

[Devo182]

Yes, you can keep it and use it for your lifetime. People make the mistake of thinking they have to use it only while working or use the amount saved every year. You can stash cash in it and use it later after you are done working. I could still contribute to it if I wanted to (just can't use money to fund it from a tax free investment, like a Roth).

The GOAT, triple-tax advantaged HSA, plus an extra retirement vehicle.

Definitely misunderstood and misused.

 

[Adam Sandler]

Correct, although most HDHP have higher deductible limits than 1500, some are the same as their out of pocket max and can be 4500 or more. You can do an FSA on a non HDHP but I don’t care much for FSA’s. I’ve been doing this for about 20 years and yes I should have removed the “especially” in front of the HDHP in my post.

Do not much care FSAs/RSAs either compared to HSA, but you work with what you got - so it’s better than nothing, especially if your employer will fund it for you.

I’m a financial planner btw, so

 

[Devo182]

Another is the backdoor IRA. Not as well known and not used in a lot of situations. That being said my wife and I use this method.

100%. Prior to AI services, it was basically a well-kept secret amongst us accountants and clients. Glad it's so well recognized these days.

 

[Adam Sandler]

Wrong. The correct answer is sell a kidney.

P.S. - It doesn't have to be your kidney.

 

[Enki_Amenra]

What happened to you?

I ask myself that question every day. . .

I tried to fly to the sun and my wings melted. . .

Actually, I had and accident of some sort when I was younger that caused scarring in my abdomen. Years later my instestines got twisted in the scar tissue out of the blue. My instestines began dying from no circulation. Had emergency surgery for a resectomy with complications in surgery and died at least once. Luckily I have no ostomy bag or anything like that, now 100% healthy, it just took a while to get back to 100%. . . which is like 275% of a regular man.

*best $225k I was ever forced to pay.

*also, I do not recommend doing this, it is very, very, very painful.

 

[Enki_Amenra]

 

[Enki_Amenra]

 

[crawdaddyjc]

round abouts… pfft

i have a jeep. i go straight across.

 

[25vol]

If this hits I’m buying a new grill this weekend.

 

[DD4ME]

 

[MoCo_Vol]

Limitations? The only limitation is pretty much cosmetics. So you can’t buy your lip gloss with it, sorry @Glitch , but just about everything preventative/comprehensive and even some insurance premiums is a sweet deal if you ask me. Never know when that will come in handy.

When retired you can pay utilities & grocery bills with your regular IRA or 401K payments.

HSA doesn’t allow that, has to be medical.

Both are great ways to save, but one has requirements for what & how it can be used.

 

[JCVol00]

I maybe in the minority, but I dont want to fully retire. Your brain and body need the mental/physical stimulates, like the old saying goes: “use what you got or lose what you got.” it’s no coincidence that most people mentally and physically go downhill after they retire.