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Number of Posts:4512
Registered on:12/10/2013
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re: Phone says SOS only - Shepherd88
https://x.com/breaking911/status/1760640740776947939?s=46 [quote]NATIONWIDE AT&T, VERIZON, T-MOBILE OUTAGE AFFECTING ALL NATIONAL PHONE CARRIERS — 911 DOWN FOR MANY — BE AWARE[/quote]...
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re: My financial planner isn't doing it for me. What do I do? - Shepherd88
I’m disagreeing that 100% s&p is a good idea. And my example above is sufficient enough to prove that. The DALBAR study is another data point proving that investors cannot stay invested on their own without jumping off the boat. ...
Posted on Money Talk
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re: My financial planner isn't doing it for me. What do I do? - Shepherd88
Buffet also said 1. Don’t lose money 2. Refer back to rule #1. On a $1m portfolio invested at the beginning of 2020 you would have been down as much as $340k. Boy that’s a stomach dropper if you’re fixing to take the exit and retire. Of course it came back, but you didn’t know that at th...
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re: Appetite suppressant supplement? - Shepherd88
Whatever those Somali dudes chew on all the time. ...
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re: Medical bill help - Shepherd88
I think it is illegal? Isn’t that in the no Surprises act?...
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re: Diving deeper on Standard Lithium? - Shepherd88
Yea they’re gonna be banking on Ira grant money hard. But even that is going to be just a lifeline to buy them time. Hopefully it pays off. ...
Posted on Money Talk
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re: US conducts strike in Iraq on Hezbollah commander responsible for attacks on Americans - Shepherd88
The flying ginsu hellfire r9x was apparently used in this drone attack. It’s a non-explosive kinetic energy weapon. So more tactical and precise and less bystander deaths. https://www.instagram.com/p/C3DyjpCOTSK/?igsh=Nmk1a3p3OWloczRw...
Posted on Political Talk
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re: Fixed income: Bonds versus CDs - Shepherd88
Opportunity cost. Those CD rates will not last beyond a year. ...
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re: World debt-who’s the recipient? - Shepherd88
If you want a really in depth look at what’s going on on a global scale and what’s likely to happen then read “The End of the World is just the beginning” by Peter Zihan who is an economist. China has hyper financed construction projects to try and “fake it till you make it.” However they’re l...
Posted on Political Talk
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re: Buying a Truck when did protection plans become a thing? - Shepherd88
Pretty sure it’s for them to gps monitor it in case you miss your payment. I’d ask if you pay in full if they’ll remove it. ...
Posted on O-T Lounge
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re: Property damage by FedEx driver - Shepherd88
I had a driver last year back off my driveway and nearly go down a ravine, he got stuck and I had to pull him out. If he woulda gone back another foot he would have crushed my septic tank. I took pictures of it all but thankfully there was no damage. Edit: also had another FedEx driver steal $...
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re: 2024 bank failure predictions - Shepherd88
Truist has $37b in cash and $10b cash inflow with total long term debt of $67b. They don’t need liquidity. They’re extremely profitable. The only negative to them is their revenue growth contracted recently....
Posted on Money Talk
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re: Revocable Living Trust - Shepherd88
Does it become irrevocable after they die? Who’s the trustee? ...
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re: Madison County, Miss lands 10 billion dollar economic project - Shepherd88
On the heels of a $100 million sports complex (privately funded) in Gluckstadt too. https://www.wjtv.com/news/local-news/gluckstadt-expected-to-be-home-of-100-million-sports-complex/?utm_medium=referral&utm_source=facebook.com&utm_content=local+news&utm_campaign=socialflow&fbclid=IwAR3gwj5v7GMElh...
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re: If the Fed were dissolved tomorrow - Shepherd88
The End of the World Is Just the Beginning: Mapping the Collapse of Globalization https://a.co/d/hv2lmZ4 You should read this book if you want a deeper understanding of how it all ties together. It doesn’t address your question specifically but you’d understand your question more clearly after h...
Posted on Money Talk
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re: Diving deeper on Standard Lithium? - Shepherd88
Would not be surprised to see a reverse stock split in the very near future ...
Posted on Money Talk
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re: Long term care insurnace policies - Shepherd88
You’re accessing the death benefit, not the cash value for LTC purposes, that’s why it’s considered leverage. If you go off claim you stop drawing from it, there’s nothing owed back you just have a lesser policy now....
Posted on Money Talk
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re: Long term care insurnace policies - Shepherd88
The rider is added to the policy. You are paying for the rider so no it’s not a loan. You cannot retroactively add this rider to an already inforce policy. You’re probably accurate assuming age and for a couple’s premium, yet you’re still looking at 15-20 years of premiums to break even assumin...
Posted on Money Talk
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re: Long term care insurnace policies - Shepherd88
No dude I’m not talking about cash value loans.. let’s say I have a $500k G-VUL policy with a chronic care rider and my premium is $12k per year. Say on year 5, I’ve put $60k into the policy in premiums and now I go on claim. I can now access up to 4% of the death benefit of $500k (so $20k/mo...
Posted on Money Talk
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re: Long term care insurnace policies - Shepherd88
It’s about leverage and having access to a pile of money before I can accumulate that amount of money. The beauty of the VUL part is that you’re still accessing the markets with your cash value so you’re not missing out on that part. The downside to that is the internal fees will be higher than wh...
Posted on Money Talk
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