Retirement

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hurleyjd
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Re: Retirement

Post by hurleyjd » Wed Jan 15, 2020 1:19 pm

Caustic Burno wrote:
Wed Jan 15, 2020 12:49 pm
Income is not as concerning as medical
we have been at the hospital or a doctors office every day since Friday.
Even hitting the max out of pocket it’s 60 miles one way to the heart institute.
It just cost more to be old.
Wife and I have a Cadillac plan with max out of pocket. It’s all costly even with good insurance.
Are you to young for medicare or do not use it. Not trying to be sarcastic but just asking.


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Caustic Burno
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Re: Retirement

Post by Caustic Burno » Wed Jan 15, 2020 1:22 pm

hurleyjd wrote:
Wed Jan 15, 2020 1:19 pm
Caustic Burno wrote:
Wed Jan 15, 2020 12:49 pm
Income is not as concerning as medical
we have been at the hospital or a doctors office every day since Friday.
Even hitting the max out of pocket it’s 60 miles one way to the heart institute.
It just cost more to be old.
Wife and I have a Cadillac plan with max out of pocket. It’s all costly even with good insurance.
Are you to young for medicare or do not use it. Not trying to be sarcastic but just asking.
Have an Medicare Advantage Plan through work retirement.
I run sale-barn cattle.

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Jeanne - Simme Valley
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Re: Retirement

Post by Jeanne - Simme Valley » Wed Jan 15, 2020 3:41 pm

I am on Medicare with an Advantage Plan thru Aetna. Been very happy "so far" - but no health issues.
Simme Valley of New York - http://www.SimmeValley.com
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we make a life by what we give."

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kenny thomas
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Re: Retirement

Post by kenny thomas » Wed Jan 15, 2020 6:56 pm

hurleyjd wrote:
Wed Jan 15, 2020 1:19 pm
Caustic Burno wrote:
Wed Jan 15, 2020 12:49 pm
Income is not as concerning as medical
we have been at the hospital or a doctors office every day since Friday.
Even hitting the max out of pocket it’s 60 miles one way to the heart institute.
It just cost more to be old.
Wife and I have a Cadillac plan with max out of pocket. It’s all costly even with good insurance.
Are you to young for medicare or do not use it. Not trying to be sarcastic but just asking.
Too young? Hahaha.
My thoughts only, don't bet the farm on them. KT

hurleyjd
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Re: Retirement

Post by hurleyjd » Thu Mar 12, 2020 6:52 am

What a difference a day or two makes. About the time we all think we have it made the rug is pulled out from under us. Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it. Can we outlast Russia with the oil war. Any one have any answers. I cannot buy any more stock just hold on to what I now own. How will the dividends hold up. Mutual funds took the greatest beating. I had put my surplus cash in them about a month ago. Should have kept it in cash. I remember when Lake Fork first come in. My Dad had a pretty good nest egg from it. One of the new folks that had moved in saw Me and my Dad having lunch and introduced us to his stock broker. A conversation ensued and the broker told my Dad that the money he had socked away would deteriorate in value and not buy as much as it would in the future and the stock market was the way to go. My Dad said to the broker if I am not going to spend it and I have everything I want then why worry about. Then he asked the broker how much money he had invested in stock and there was no answer. I should have listened and learned from my Dad. Another one of his lessons was that you cannot barrow your self out of debt. I did listen and applied that to my life. If this is stirring the pot like Bright Raven then so be it.
What if Martin Luther King jr's dream had come true.

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Re: Retirement

Post by Redgully » Thu Mar 12, 2020 8:52 am

Im going to apologise right here and now, my first flutter into the share market was about 6 months before the gfc. I wont go into how that ended. So about three months ago i built up the courage to have another flutter.....

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ccr
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Re: Retirement

Post by ccr » Thu Mar 12, 2020 8:37 pm

hurleyjd wrote:
Thu Mar 12, 2020 6:52 am
Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it.
Hurley, don't really know, but I've thought the market was way to high the past 10 years. The government has been involved in trying to keep the market high and pension funds invested in the market in good shape. But don't despair might go back up.
i know as much about this as anything else i don't know much about
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Caustic Burno
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Re: Retirement

Post by Caustic Burno » Thu Mar 12, 2020 8:48 pm

ccr wrote:
Thu Mar 12, 2020 8:37 pm
hurleyjd wrote:
Thu Mar 12, 2020 6:52 am
Was the market in great shape or did the covid 19 outbreak dunk it or did the trade war with china have anything to do with it did the great tax break have any thing to do with it.
Hurley, don't really know, but I've thought the market was way to high the past 10 years. The government has been involved in trying to keep the market high and pension funds invested in the market in good shape. But don't despair might go back up.
I am not making the same mistake I made in 87.
I run sale-barn cattle.

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Re: Retirement

Post by sstterry » Fri Mar 13, 2020 4:31 am

I went mostly to bonds the day Trump took office. Six months ago I was really wondering if I did the right thing. Now I know that I did.

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Re: Retirement

Post by Caustic Burno » Fri Mar 13, 2020 5:27 am

sstterry wrote:
Fri Mar 13, 2020 4:31 am
I went mostly to bonds the day Trump took office. Six months ago I was really wondering if I did the right thing. Now I know that I did.
Been in bonds for years started soon as Obama took office. Obama had the market stifled with regulations. Been s total bull market under Trump not the time to buy. The media hype will blow over. Right now it’s like rats following the Pied Piper and the sky is falling. Have some bonds today I wished I wasn’t locked in right now.
I have been buying stock all week.
I run sale-barn cattle.

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sstterry
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Re: Retirement

Post by sstterry » Fri Mar 13, 2020 5:31 am

Caustic Burno wrote:
Fri Mar 13, 2020 5:27 am
Obama had the market stifled with regulations.
Seriously? The Market went up over 140% during the Obama Administration.

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Caustic Burno
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Re: Retirement

Post by Caustic Burno » Fri Mar 13, 2020 5:44 am

sstterry wrote:
Fri Mar 13, 2020 5:31 am
Caustic Burno wrote:
Fri Mar 13, 2020 5:27 am
Obama had the market stifled with regulations.
Seriously? The Market went up over 140% during the Obama Administration.
Yes seriously housing bills passed under Clinton is what lead to the ultimate housing demise in 08 . Always Leary with a Dem at the wheel.

https://www.google.com/amp/s/www.cnbc.c ... lains.html
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Re: Retirement

Post by sstterry » Fri Mar 13, 2020 5:46 am

I don't disagree that it was the housing bills (and 9/11) that cause the problems for Bush2. But remind me again who had control of Congress when those passed?

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Re: Retirement

Post by Caustic Burno » Fri Mar 13, 2020 5:52 am

sstterry wrote:
Fri Mar 13, 2020 5:46 am
I don't disagree that it was the housing bills (and 9/11) that cause the problems for Bush2. But remind me again who had control of Congress when those passed?
Democrats when he was elected.
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Re: Retirement

Post by sstterry » Fri Mar 13, 2020 8:30 am

Caustic Burno wrote:
Fri Mar 13, 2020 5:52 am
sstterry wrote:
Fri Mar 13, 2020 5:46 am
I don't disagree that it was the housing bills (and 9/11) that cause the problems for Bush2. But remind me again who had control of Congress when those passed?
Democrats when he was elected.
You are avoiding the question.
The Gramm-Leach-Bliley Act passed when both houses were controlled by Republicans.

But I agree, Clinton did sign it.

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