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Strategies & Market Trends : Dividend investing for retirement

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maverick61
To: maverick61 who wrote (29988)11/4/2018 7:07:33 PM
From: E_K_S1 Recommendation  Read Replies (1) of 34328
 
I negotiated special procedure rates for dental work (a Indian who works w/ his brother in Silicon Valley). He gave me a great deal for cash but I told him up front I was self insured and wanted at least or better rates than insurance provides. You can use the Internet to find out the current range for rates for different dental work procedures.

It's still expensive but was 50% less than if I did nothing.

Ha, I thought if I just gave him a Gold Krugerrand that could be kept on account to use as payment for future dental services but did not have the audacity to propose that method of payment. Maybe next time.

FWIW, I did offer my handyman/contractor payment on account using 1/4 oz Gold American Eagle coins. I gave him 2 to put on account and gave him a value of $500.00 (really worth around $600 at 2018 Gold prices). I bought a bunch of these years ago for around $85.00/coin just as a hedge against inflation and thought at some point could barter for services.

I explained to my handyman that this would be one way to save for his two kids education and that I would pay cash or these coins for his services.

My Dad (a great long term investor) got me started investing in these 1/4 oz gold coins early in the mid 80's, He said that some time in your life time (or children's life time), you can use these to barter for food and/or services.

I still think one needs catastrophic health insurance but much easier to self insure for Dental. I will have to ask my Dentist about my gold coin proposition as I have been w/ him for over 20 years. Those Indians love gold and we always talk stocks when I go in for annual check ups.

Good Investing

EKS
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