Insurance is a hedge against uncertainty. Basic term life insurance is a hedge against the uncertainty of death—*when* you are going to die. Whole life insurance is a hedge against the uncertainty of death *and also* a hedge against a multitude of *other* financial uncertainties—how much money you’ll be able to save in the future, access to credit, physical or cognitive disability in old age, etc.
If you have no uncertainties in your life, or don’t value the conversion of uncertainty to certainty via insurance, then don’t buy it.
Yeah i think it’s a long waiting game because 1,000 ppl haven’t shared. Just out of curiosity (and I am not trying to be snarky or cynical—legit want to know), why did you place a 1,000 share limit/condition before sharing the link? Would you consider sharing it before you hit 1,000 shares?
If a carrier is lending $300m, their balance sheet is in the hundreds of billions. This would be a rounding error for them. There are a handful of insurers who might do this
Here's how a single basketball player gets funded by insurance premiums.
LeBron sets up an LLC. The LLC issues bonds backed by his non-basketball income (e.g., a lifetime Nike deal, licensing, etc).
Two life insurers, managed by Guggenheim, buy $300 million of the bonds. 2049 maturity. 4.8% coupon. Another $60 million follow-on in 2022.
Life insurers used to hold plain bonds matched to future claims. Now they hold this. Not saying it's bad risk/reward but this is the modern insurance balance sheet.
I got the candle idea from a friend of a friend. She told my wife and we should light a candle on his anniversary so he could find his way home.
Sorry to hear about your childhood dog. That's a tough one. Something about having a dog during your childhood and formative years makes it harder at the end. 15-17 yrs is getting up there for a dog, but I know it doesn't make it any easier...
I can (maybe in some ways) sympathize. Except that he was never in a pound. I raised my dog from a puppy (10 weeks), spent at least an hour every day training him for the first 6-8 months, walked him for an 1-2 hours when he was able to go for those long walks. Now he’s 9 and battling melanoma.
You live with these creatures for years and yes sometimes take for granted they will be around forever but they won’t.
Every year I light a candle on the anniversary of my last dog’s death. I hope you have many more good years with yours. They’re wonderful creatures
Nice dude. Thank you for taking the time to respond. :) I wouldn't really know how to read the code, but will def check out the indicator. Don't mean to turn this into a "teach me how to use your indicator"... is it pretty intuitive for someone who isn't familiar with how this should work? The red/green translucent bars - these are where price is going? They are grabbing liquidity there? What is the yellow and dotted lines?
Sorry for the newb questions, and thank you for being so generous with your time.
Not that we really needed confirmation. The IRS is the most hostile, business/wealth (possibly life?) destroying bureaucracy in the U.S. Maybe the world.
🚨IRS CRIMINAL INVESTIGATIONS AGENT CAUGHT COLD: “WE HAVE NO PROBLEM DESTROYING LIVES”
Hidden camera. Real IRS agent. Alex Mena, Criminal Investigations unit.
He doesn’t whisper it. He says it out loud:
The IRS “has no problem going after the small people… putting people in prison… destroying people’s lives.”
Then the real bomb:
They’re using AI to scrape every American’s bank accounts nationwide. He admits he doubts it’s even constitutional. In six months that system already grabbed half a billion dollars.
He recalls what they told him when he joined Criminal Investigations:
“The first person you shoot, you’re gonna remember. After that you’re gonna shoot like a hundred people. You’re not gonna remember any of them.”
His own words on his coworkers: “IRS agents are assholes… they are the definition of an asshole. All of them.”
This is one of the 87,000 they hired to go after YOU.
Watch every second. This is the machine they built. This is the attitude inside it.
Never forget who they work for. Never stop demanding they answer for it.
Source from @JamesOKeefeIII
@TheStraySaint We live near a local, family-owned, pork processor who sells pork for much less than beef. Range is $2-3/lb up to $6-$8/lb for premium dry aged sausage. I get it’s a different animal, but how is it *that* different?
Why does it cost so much to raise and process beef?
@ChrisMasterjohn People don’t care about anything other than affordability. Americans are broke.
Best solution would actually be to just get rid of federal income tax or at the very least suspend it for 90 days to show Americans what is possible