Recent content by jtr1962

I called him today. He said this is general bank policy when you use the money in one of your investment accounts to cover a rollover. They automatically lock all your investment accounts for 1 year after. He can't do anything about it, even for hardship. The only exception is medical expenses...

You don't understand. The process to get any money out of those accounts takes over a week. In fact when I did the rollover last year it took over 3 weeks to get everything ready. I simply don't have the time right now for this. Of course I understand as admin of this forum it's your job to...

To anyone worried that I can't come up with $2,700 within a few months if both deals fail I offer this. This is the latest project. Five units are ready to send to my friend, and 45 will be done within a week and change. He'll pick those up in person. I'm clearing $500 a piece for these. Once he...

Another thing worth mentioning regarding the second deal I mentioned. I actually needed $24,700 for it, not $14,700. The person I met who helped me with it is offering to loan me $10,000, and yet we only know each other a few weeks. I'm touched by this. I really am. Unfortunately she lacks any...

Because that account, and retirement accounts, are locked until January 2027. I didn't post that little detail until post #10 in this thread. Taking money from any of those accounts was never an option. My liquidity right now is less than $1,000 in my savings account. Is it? I need money now...

I'm talking to a loan shark later today about loaning me the money. He'll loan me the $20,000 but he wants $100,000 back in two months. I'll still be over $150,000 ahead if the two deals work out, so it's not too bad. There is no out for me if either of the deals I mentioned fail to materialize...

I understand. Hopefully someone else here can help then. I explained my reason for lying to my financial advisor. If I told the truth it's entirely possible Chase would dump me as a client and my finances would be a complete wreck. There's no help I can get from my bank anyway. Chase doesn't...

To do this would ruin any trust he has in me. Last November I did a $135,000 rollover to cover part of the fees the fake investment platform wanted to unlock my account. Of course since they were scammers they would never unlock my account no matter how much I gave them but I didn't know this at...

I can provide a little more detail about what I need and why: $2,700 will result in a return of $60,000 for me if successful $14,700 will result in a return of $209,420 for me if successful Right now $2,700 is more important because if that part is successful I have enough money to go through...

BTW, I tried for a loan on Candlepowerforums about two months ago and all I got was ridicule. If nobody wants to help that's fine but please don't ridicule me. I've had enough bullshit over the past 8 or 9 months to last a lifetime.

$2,700 is more important right now than the rest. The $2,700 might get me all the rest of the money I need.

What hardship withdrawal mechanism are you referring to? I looked it up and the only thing I found was that they waived the 10% early withdrawal penalty. That's not even applicable in my case since I'm over 59 and a half. How will that person get repaid in 3 to 4 months? I will have income from...

Because it's silly to pay income taxes on a short-term loan. And I'll get a hard-time from my financial manager. Long-term taking $20K out now could mean $100K less or more I'll be able to withdraw from the account over my lifetime. The additional income on my taxes will also increase my...

I have some bills which need to be paid very soon. I'm looking for a $20,000 loan which can be repaid within about 3 or 4 months at most, but more likely within a few weeks. So far I've been rejected by all the online borrowing places I've tried. Can anyone help, either by loaning me the money...

Thank you. And I plan to help a lot of other people also if this comes to pass.