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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: w0z who wrote (2787)	2/12/2015 6:24:09 PM
From: Jerome	Respond to of 26768

Hi Woz.....your rational is good but do you have any guarantee that you will be around after next week???? Kirk can be doing his sailboarding and then get bitten in half by a shark. And people like you will say, well that's just a one in a million chance. Keep in mind that even if you have a 75% change of living till 80.....you could still fall into the 25% that made the wrong bet. For example....you might get a free pass on one of the Asian airlines that just fall into the Indian Ocean Or you and your wife go out for a Sunday drive and Bruce Jenner is in the car behind you and does not see your stop lights. Being in good health is important but as you get older, strokes and cancers come out of no where, to reap their annual harvest. For what ever reason, as we get older, minor illnesses that in years past our bodies would just shrug off, become life threatening. Now here is a thought....people with the best longevity live in that strip of land between Minn and the UP of Michigan. Like today it was -18 below 0 this morning. The good news is that viruses don't do well in very cold air temperatures below freezing. Please tell me where you can find a guaranteed 8% return Nothing is guaranteed least of all your survival beyond this week. At any rate your viewpoint is appreciated.

To: w0z who wrote (2787)	2/12/2015 6:34:13 PM
From: the traveler	1 Recommendation Recommended By Jerome Read Replies (1) \| Respond to of 26768

Undoubtedly many thousands of hours have been wasted trying to compute the SS issue. Unless an individual can fix the date of his death up front the answer is not knowable, period! Therefore, I apply the "one bird in the hand is better than two in the bush" theory. Start drawing the moment the law says you can as far as I am concerned.

To: w0z who wrote (2787)	2/13/2015 11:41:51 AM
From: Jerome	Read Replies (1) \| Respond to of 26768

Other considerations for Social Security.Benefits........... The COLA adjustmnet for 2015 was 1.7% and for 2014 it was 1.5% and for 2010 it was ZERO. For the most part it does not amount to a hill of beans. The national COLA rate is based on a working family of four. (cost of goods and services along with expected wage increases) But retires have a very different financial needs than do working families. The net effect is that it skewers the cost of retirees to a lower level. The U.S. Department of Labor calculates the change in the Consumer Price Index (CPI) for urban wage earners and clerical workers from the third quarter average of the previous year to the third quarter average for the current year. It has happened in some years that inflation was much higher in the first two quarters of the year than it was in the third quarter of the year. But only the third quarter counts? I believe that any retirees reading this post will point out that fixed costs for the retired are increasing at a much faster rate than 1.7%. (Co-Pays on medicines, transportation costs, special dietary needs, housing costs if you are renting, auto insurance costs if you are still driving, and the cost of dog food or cat food if you want some company around the house. Just some items to calculate into scheme of things