Stock Market is the bottom in?

[buckvelvet]

@bwoods11 what are you going to do with your ZIM stock? Sounds like this buyout is gonna pay shareholders around $35 a share?

 

[Mortenson]

Yeah if you have assets they will need to be sold. (For an unfortunate multi-year stay in the home.) Ideally people here stay off medicaid. The idea, for us (and I'd think some of the guys on the forum), is to avoid having to sell the land. If I'm strong enough to be living on a cruise ship indefinitely I assume I'm also healthy enough to stay out of a home. But yes I have heard of people doing that. I was reading an article about long term care insurance and the comment section pretty much agreed it was a scam. Biggest reasons were how the companies jack premiums up as you get older, making them impossible to afford. And how the companies are difficult to work with when it comes time to pay.

 

[Telemark]

If I'm strong enough to be living on a cruise ship indefinitely I assume I'm also healthy enough to stay out of a home. But yes I have heard of people doing that

It's mostly that they cook all your food, clean up everything, change your bed linens, wash your clothes, do any and all maintenance, etc.

You would still need to dress yourself and be mobile, but you no longer have any work or chores to do. And you get to sip cocktails by the pool every day.

 

[bwoods11]

@bwoods11 what are you going to do with your ZIM stock? Sounds like this buyout is gonna pay shareholders around $35 a share?

I don’t have any ZIM stock at the time . I’m guessing some did very well on it ?

 

[b116757]

My mother in-law has a long term care policy she has paid on for many years she is 89 her health recently took a turn for the worst and she wanted to move into a rest home to use the insurance. I said that’s fine but it has a maximum benefit of $180k and your not really in horrible condition as far as needed care goes just need daily things taken care of like cooking/housework and driven to DR appointments. So we convinced her to move in with us in January until her care needs are beyond what my wife, kids and I can handle then she can test out her long term care insurance policy. I’m sure that when she took out the policy $180k sounded like a ridiculous obscene amount of money but in today’s health care costs it’s a drop in the bucket even if she is able to utilize it all and living with us she gets to interact with family including two grandkids still terrorizing our house. She was still driving and living on her own in early December things change very fast when they change. I had tried to get her to move in with us when the old farm manager that lived with her passed away several years ago but she was hell bent on living alone. We have a 4-5 bedroom 2 bath house so room wasn’t ever an issue.

 

[PatinPA]

I don’t have any ZIM stock at the time . I’m guessing some did very well on it ?

Woohoo I have 6 shares. I'm rich!

 

[Foggy47]

My brother-in-law has COPD....and it's gotten worse. Went with him to look into assisted living and independent living situations.....which also have a nursing home and memory care in the same facility. Looked a a number of these over the past year or more.

Kinda interesting experience to see the big variations in these facilities. Some are much nicer than others....for sure. Pays to shop around as it seems the costs run pretty similar.....but the facilities can vary big time. He' finally made a decision to go into a one bedroom place and is getting the assisted living benefits (laundry, cleaning, most meals, etc). He will finally have some people to talk to. His social life sucks as it is now....and he is having allot of difficulty snow plowing and doing the daily chores. I think he is getting a mobility scooter too. (medicare) Not sure if that is good or bad.....but he is quickly losing the ability to get around.

 

[SD51555]

I think everyone should open an HSA if they find they are maxing out their Roth IRA. It has triple tax benefits, but you can only use the money on medical expenses.

The HSA can be a tremendous planning tool all around. Serious people really need an advanced strategy on how to use it. I could make a 1 day class out of it.

1. Fill it full
2. Move it all to Fidelity and invest it aggressively.
3. Never use it for health care.
4. Track all your expenses and pay them all with non HSA dollars. You’re building a bailout / early retirement fund of “reimbursement dollars”
5. Get healthy. It doesn’t pay to save up a shitload of healthcare dollars only to loose them all to poor lifestyle choices.

To survive and thrive in this new world of hyperinflation and toxic hog feed food and even more toxic healthcare science you have to break out of the old way of thinking.

A buddy and I are in a joint Manhattan project to break every paradigm out there. This is why I bake bread, ferment veggies, make my own soap, pay $27/tube for deodorant, have a $200 water filtration system, grow veggies at the hunting land, plant human apples.

I’m adding rutabaga to my plots this year. If they grow, I’m gonna pull enough for me before the deer get them. And there won’t be any gly on my food. We’re developing a double wall grow bag system to relay crop squash and pumpkin in our short growing season. We think we may be able to grow 4 crops in the same soil in MN in one season.

I don’t think about long term care costs. I’m focused on how to avoid needing them, and what I can do now to make that happen. I think dimentia is 100% avoidable. I think the other top 5 causes of death are also avoidable, but you have to first admit everything we’ve been fed and told is bullshit.


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[bigboreblr]

My plan is a steady & consistent weekly buys of Powerball tickets !!View attachment 89379

Not sure if they increased to 5 bucks a ticket or the megamillions.

But, before that, the odds are several times better winning your state lottery vs winning the million dollar runner up prize.

Atleast when you piss n moan you didn't win, you'll know the town of the person who did win. Last NY lotto winner was next door to my old job in long island. used to buy tickets there.

MY father in law won $250,000 in 2000 or so. Uncle won 3 million in late 1990's. Wife won $1600 last year.

 

[T-Max]

The HSA can be a tremendous planning tool all around. Serious people really need an advanced strategy on how to use it. I could make a 1 day class out of it.

1. Fill it full
2. Move it all to Fidelity and invest it aggressively.
3. Never use it for health care.
4. Track all your expenses and pay them all with non HSA dollars. You’re building a bailout / early retirement fund of “reimbursement dollars”
5. Get healthy. It doesn’t pay to save up a shitload of healthcare dollars only to loose them all to poor lifestyle choices.

To survive and thrive in this new world of hyperinflation and toxic hog feed food and even more toxic healthcare science you have to break out of the old way of thinking.

A buddy and I are in a joint Manhattan project to break every paradigm out there. This is why I bake bread, ferment veggies, make my own soap, pay $27/tube for deodorant, have a $200 water filtration system, grow veggies at the hunting land, plant human apples.

I’m adding rutabaga to my plots this year. If they grow, I’m gonna pull enough for me before the deer get them. And there won’t be any gly on my food. We’re developing a double wall grow bag system to relay crop squash and pumpkin in our short growing season. We think we may be able to grow 4 crops in the same soil in MN in one season.

I don’t think about long term care costs. I’m focused on how to avoid needing them, and what I can do now to make that happen. I think dimentia is 100% avoidable. I think the other top 5 causes of death are also avoidable, but you have to first admit everything we’ve been fed and told is bullshit.


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I do a lot of this. The big surprise to me is you use deodorant at all. I know all people are built different, but I haven’t used deodorant in close to ten years and nobody notices.

 

[Foggy47]

I do a lot of this. The big surprise to me is you use deodorant at all. I know all people are built different, but I haven’t used deodorant in close to ten years and nobody notices.

Actually.....nobody TELLS you . Grin. I seldom use deodorant too.......but there are some days it is good to have. I always buy the scent free variety. I do not like smelling my own deodorant.

 

[Foggy47]

The HSA can be a tremendous planning tool all around. Serious people really need an advanced strategy on how to use it. I could make a 1 day class out of it.

1. Fill it full
2. Move it all to Fidelity and invest it aggressively.
3. Never use it for health care.
4. Track all your expenses and pay them all with non HSA dollars. You’re building a bailout / early retirement fund of “reimbursement dollars”
5. Get healthy. It doesn’t pay to save up a shitload of healthcare dollars only to loose them all to poor lifestyle choices.

To survive and thrive in this new world of hyperinflation and toxic hog feed food and even more toxic healthcare science you have to break out of the old way of thinking.

A buddy and I are in a joint Manhattan project to break every paradigm out there. This is why I bake bread, ferment veggies, make my own soap, pay $27/tube for deodorant, have a $200 water filtration system, grow veggies at the hunting land, plant human apples.

I’m adding rutabaga to my plots this year. If they grow, I’m gonna pull enough for me before the deer get them. And there won’t be any gly on my food. We’re developing a double wall grow bag system to relay crop squash and pumpkin in our short growing season. We think we may be able to grow 4 crops in the same soil in MN in one season.

I don’t think about long term care costs. I’m focused on how to avoid needing them, and what I can do now to make that happen. I think dimentia is 100% avoidable. I think the other top 5 causes of death are also avoidable, but you have to first admit everything we’ve been fed and told is bullshit.


Sent from my iPhone using Tapatalk

SD.....you'r going to live to be 150 years old and wish you were dead! lol

My wife used to tell me: "If you don't take care of your body.....where are you going to live?"

Strange tho....how little "chinks in your armor" come back to bite you later. All these little things become cumulative....and can come back in one fashion or another to bite you in the butt. Ask me how I know these things.

Interesting to see the steps you are taking tho......good on you! Wholesome living is a good thing. Still, we all know some very healthy people that get that final wake-up call far too early. It's at that time, when you realize you could have had grid power.....but it's too late. (huge grin)

My wife used to tell the story....that when they would "walk the beans" (to hoe-out weeds) when she was a little girl and before farm chemicals.....that she would "run out of gas" before her siblings - overcome from heat and exertion.....and her parents would lay her In the shade of the beans to recover. Then pick her up on the next round to get back in the weeding game. Rinse and repeat. Later they let her do "house chores" as she was not made for "field work".

Fast forward 50 years....and they find the real reason she ran out of gas....was from a heart valve with two leaflets instead of three (bicuspid valve - birth defect). So her heart never worked as efficient as needed for strenuous work. Thus....she would "run out of gas" before others.....and the on-set of lots of issues over time. Many of us carry around some little "time bombs". Despite our best efforts......hard to defeat some of 'em.....all we can do is try. My 2 cents.