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lilredrooster
lilredrooster
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May 30th, 2026 at 5:19:07 AM permalink
Quote: DRich

I think between my current investments, my social security, and my life insurance policy they will be comfortable for 40 or more years.


it's a great thing that you have taken care of them to that extent

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the foolish sayings of a rich man often pass for words of wisdom by the fools around him
DRich
DRich
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May 30th, 2026 at 11:44:06 AM permalink
Quote: billryan

So why worry about the next two years?
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Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
You can't know everything, but you can know anything.
tuttigym
tuttigym
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May 31st, 2026 at 4:24:22 AM permalink
Quote: DRich

Quote: billryan

So why worry about the next two years?
link to original post



Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
link to original post


Read the suicide clause in the life insurance contract. It usually is for only 2 years. What that means is after the policy has been in force for 2 years, if the insured commits suicide, the carrier must pay the death claim.

tuttigym
DRich
DRich
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May 31st, 2026 at 7:42:36 PM permalink
Quote: tuttigym

Quote: DRich

Quote: billryan

So why worry about the next two years?
link to original post



Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
link to original post


Read the suicide clause in the life insurance contract. It usually is for only 2 years. What that means is after the policy has been in force for 2 years, if the insured commits suicide, the carrier must pay the death claim.

tuttigym
link to original post



I believe mine was just one year but it has been a while since I read it and the policy is over 30 years old.
You can't know everything, but you can know anything.
tuttigym
tuttigym
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Joined: Feb 12, 2010
May 31st, 2026 at 10:28:50 PM permalink
Quote: DRich

Quote: tuttigym

Quote: DRich

Quote: billryan

So why worry about the next two years?
link to original post



Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
link to original post


Read the suicide clause in the life insurance contract. It usually is for only 2 years. What that means is after the policy has been in force for 2 years, if the insured commits suicide, the carrier must pay the death claim.

tuttigym
link to original post



I believe mine was just one year but it has been a while since I read it and the policy is over 30 years old.
link to original post


There you go, and now you don't have to "fake your death." Feeling better now?

tuttigym
AutomaticMonkey
AutomaticMonkey
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May 31st, 2026 at 11:48:28 PM permalink
Quote: tuttigym

Quote: DRich

Quote: tuttigym

Quote: DRich

Quote: billryan

So why worry about the next two years?
link to original post



Because that is relying on my life insurance for them. If unfortunately I survive, my current savings is not sufficient and I am probably not smart enough to fake my own death and get away with it.
link to original post


Read the suicide clause in the life insurance contract. It usually is for only 2 years. What that means is after the policy has been in force for 2 years, if the insured commits suicide, the carrier must pay the death claim.

tuttigym
link to original post



I believe mine was just one year but it has been a while since I read it and the policy is over 30 years old.
link to original post


There you go, and now you don't have to "fake your death." Feeling better now?

tuttigym
link to original post



No, stop that! Anyone who is feeling suicidal should be encouraged to fake their death instead.

For to fake your death requires intelligence and creativity. When well done, it is a performance art project, and even if you are discovered you will be remembered admirably. Suicide is something some depressed emu girl dressed all in black might do. Who would you rather be, Ken Kesey, or a dumb emu girl?
odiousgambit
odiousgambit
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June 1st, 2026 at 2:44:36 AM permalink
not going to look it up, but there was maybe more than one person who has used a balloon to send away the gun he used to shoot himself, making it look like murder ... the one case I saw something about, cops put together all the clues to say the missing gun probably wound up in the Atlantic Ocean and it was suicide
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
lilredrooster
lilredrooster
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Joined: May 8, 2015
June 1st, 2026 at 5:50:18 AM permalink
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lots of excitement being generated by this re Elon Musk's company
per news reports investors are more worried about missing out then they are about the stock becoming overvalued
fomo will drive the stock way, way up imo - looks like ez $$$ if you can get in on it with a sizeable amount -


"AI Overview

SpaceX plans to trade on the Nasdaq exchange under the ticker symbol SPCX. Following its confidential filing and the release of its IPO prospectus, the highly anticipated public offering is slated to occur during the second week of June, on June 12

The company is targeting a valuation of roughly $1.75 trillion and plans to raise between 40 billion and 80 billion, which would easily shatter the record for the largest IPO in history.

According to public filings, this expected valuation will accompany the company's massive Initial Public Offering (IPO), allowing investors to buy into a combined rocket manufacturer, telecom provider, and AI lab.

Direct Brokerage Access:

A portion of the shares in the offering will be sold directly through online retail brokerages like Robinhood, Fidelity, and Charles Schwab.

High Expected Demand:

Because this is anticipated to be the largest IPO in U.S. history, demand will be incredibly high, and retail investors may experience limits on the number of shares they are initially able to purchase.

Index Fund Inclusion:

If you hold broad market ETFs or mutual funds tracking the Nasdaq-100 or S&P 500, you will likely gain exposure to SpaceX by default, as massive public listings are fast-tracked for index inclusion."

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Last edited by: lilredrooster on Jun 1, 2026
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
SOOPOO
SOOPOO
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June 1st, 2026 at 1:24:42 PM permalink
So was expecting to post about a new ATH…. but no! META snd TSLA are amongst the portfolios biggest holdings and both got hammered today.

NVDA up big again today.

Was doing some research on automotive companies.

Looked at Ford, GM, Winnebago, Camping World, Honda, Subaru, Volkswagen, and Volvo. The combined market cap for those 8 companies is less than how much NVDA increased….. TODAY.
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