WoV stock portfolio
May 18th, 2026 at 10:06:52 AM
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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.
You can't know everything, but you can know anything.
May 18th, 2026 at 10:25:38 AM
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I'd shop around, as rates vary widely.
The older I get, the better I recall things that never happened
May 18th, 2026 at 11:29:12 AM
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Quote: billryanI'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.
You can't know everything, but you can know anything.
May 18th, 2026 at 3:11:37 PM
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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.
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.
The older I get, the better I recall things that never happened
May 20th, 2026 at 12:02:11 PM
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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."
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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."
.
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
