WoV stock portfolio

Quote: odiousgambit

One thing that is said about term life is "the people your age that are healthy will drop term life, while the unhealthy will keep it, so it’s going to be priced as if you’re unhealthy" ... this has got to be kicking in soon I think

It has already kicked in. I paid around $40 a month for 30 years and now it is up to $550 a month, Obviously if I knew when I would die and the premium increases it would be easy math. I think I am resolved to keep paying the increasing payment and hope I die soon to save some money.

I'd shop around, as rates vary widely.

Quote: billryan

I'd shop around, as rates vary widely.
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I have, no one will even offer me a policy because of my medical conditions. The company I am with would cancel me today if they knew of my conditions. Fortunately, since I have been with them for over 30 years they are just increasing my premium by a standard amount that they would charge anyone my age.

Interesting Warren Buffett story making the rounds.
In the early 1960s, Buffett began buying shares in Berkshire Hathaway, a small textile mill play. They were downsizing, closing mills and buying back stock. Buffett intended to hold the stock short-term and sell his shares at the next stock buyback. He met the CEO, a man called Stanton, and informed him of his intent to sell the shares at the stated price of $11.50 a share. A few weeks later, an offer arrives in the mail. Stanton offered to buy all of Buffett's shares, but at $11.38, not the previously mentioned $11.50. Buffett was pissed at being nickel-and-dimed, so instead of selling his shares, he bought more, eventually unseating Stanton and taking control of the company.
The shares he had agreed to sell for $11.50 each now sell for over $700,000 each.

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Warren Buffett is now 95 years old

he is still active in his company

pretty amazing - will he still be active at age 100 -? - maybe


"AI Overview

Yes, Warren Buffett still works. While he officially stepped down as CEO of Berkshire Hathaway, he remains on as the company's chairman and still goes into the office every day.Although he is no longer responsible for the day-to-day operations or the heavy lifting of managing the entire conglomerate—which are now handled by his successor, CEO Greg Abel—Buffett remains actively involved. He continues to offer investment ideas, contribute to decision-making, and help spot new opportunities.

Warren Buffett’s net worth is estimated to be approximately $145 billion to $150 billion"

Timing. Was going to post about my (stupid!) purchase of Rigetti. Bought earlier at a tad under $25. This week had dropped to under $16. Oh well, you win some, you lose some. Until the Trump administration gave them $100 million in some ‘CHIP funds’ to help do stuff here instead of overseas. In two days went up to $27.
Similar good news for IBM, and MP! I bought MP because it was granddaughter’s initials! I’m wondering how many administration officials decided Tuesday was a good time to buy those stocks?!

Also I joked about NVDA wasting resources to pay a penny dividend each quarter. They heeded my advice and increased it 2500% to a quarter a quarter. Still a measly 1/2% but better than nothing. I own 4 individual shares. What should I do with the $1 I’ll be getting?

Rigetti is in a death race with a dozen or so similar companies. The one or two who survive will do very well but the others will fade away. It will be a few years before the market decides.
I was reinvesting the seventeen cents I was getting from NvDei and don't think I will change my strategy for the extra $4.08. I just quickened the accumulation of shares. I love the new buyback program.