blend
Footballguy
had no idea. As I'll be in that same situation in the not too distant future, interested to hear how this plays out.
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Stock Thread (28 Viewers)
- Thread starter St. Louis Bob
- Start date
The Ref
Footballguy
Love to see a online snapshot of this rule, I can’t find it.
you are allowed to give a one time tax free gift federally, but that’s not exempt from Medicare look back.
this probably should be it’s own thread. Thanks for all the great feedback, I appreciate it.
The Ref
Footballguy
Not sure what the right answer is here. Hope we find her dead tomorrow or hope she spends every dime hanging on for years.
always though to gage quality of life balance when you start to get to this stage (My wife’s grandmother died at 103 last year).
greeklightnin
Footballguy
Medicare is federal, the state program here in nj is Medicaid. So you are correct in that the federal program allows a transfer, and I was wrong. The 14k does not escape the state lookback.
I probably would be. I’m aware of it but never went through it. If it was $15k in one month, then I could see the issue but I just can’t imagine how they call it excessive over many months. I was saying that based on your 3 year timeframe, but I could have misread that.
NajehHejan
Footballguy
Sorry to be a thread nazi, but can this grandma stuff be moved to the personal finance thread? It’s almost 9:30 AM on Monday and we need to start talking about if stonks are poised to go up or down.
Texas Football
Footballguy
So, they going up? I think tomorrow is a down day. Well I expect Apple to go up and maybe keep things even for me.
Just going off a weekend where there was really no news good or bad. Just the same churn.
The Ref
Footballguy
NajehHejan
Footballguy
Futures looking good so far. Nasdaq up almost 1%. Dow and S&P up around 1/2%. No bad news and I think today will be decent.
McBokonon
Footballguy
Ballmer was on CNBC saying he loves the idea which likely means it’s going to be a Zune-like disaster.
-OZ-
Footballguy
McBokonon
Footballguy
AAPL, SE (
), MSFT all rolling for me today.I mentioned in here when it was happening but it’s hard to find on mobile - recently SE went into the 130’s in AH for no real reason so I actually sold some. I then bought them back (plus a few extras) when it had its mini-swoon. I was actually relieved to see it because these things need a breather sometimes. Looked like healthy consolidation to me and now this trip into the 130’s feels more authentic.
Still gonna see gyrations, though.
BassNBrew
Footballguy
Hmmm...I was looking at my account this morning after taking Friday off. I was shocked to see all my Amazon stock was gone. I thought I had sold 1/2 off before earnings so I was fearing the worse that I had sold all. Checked my history...Not sure what I did, but it was all liquidated at 3244 at 9:30 Friday morning. Just bought half back at $3139.
Desert_Power
Footballguy
Kicking myself for not buying more AAPL. What a run.
ChiefD
Footballguy
So a quick question, and this is just from a learning perspective for me. Why did you choose this stock? As I'm trying to learn more about how to do research about potential stocks, what is it about this one that made you take a look?
-OZ-
Footballguy
@FreeBaGeL suggested it a couple pages back.
Literally taking a stock tip from an internet stranger here.
JoeSteeler
Footballguy
McBokonon said:
thanks guys...added a position this morning.Steeler said:
beef
Footballguy
ghostguy123
Footballguy
Last edited by a moderator:
eaganwildcats
Footballguy
Looked up overstock’s chart last night. My god. Wish I had a time machine to take that ride.
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
Al Czervik
Not wearing pants
Kept looking for an AAPL pullback since the announcement and it kept going up. Ended up buying some at $440 this morning. With the small amount I can afford at this point, I guess it's not that bad in the long haul... should have had that thinking last Friday.
Al Czervik
Not wearing pants
What's the difference between DPHC and DPHCU? (RobinHooders seem to be on DPHC and the cnbc link shows DPHCU).
BassNBrew
Footballguy
JoeSteeler
Footballguy
cool story...Lordstown is not that far from where I live
GM closed a plant in Lordstown, Ohio. An electric vehicle maker named Lordstown Motors bought it to build its Endurance truck there. Now, Lordstown is going public in a blank check SPAC deal. $GM will have a stake.
FreeBaGeL
Footballguy
BassNBrew
Footballguy
hooter311
Footballguy
Well, I was a day off, I'll try to do better next time.
Still plenty of time to get on the train.
JoeSteeler
Footballguy
ChiefD
Footballguy
McBokonon
Footballguy
BassNBrew
Footballguy
BassNBrew
Footballguy
Damn, convertible bonds in a Barron's article which of course is behind a paywall after reading it. I believe it said there are 44M shares outstanding and convertible bonds would take that to 75M. Based on the market cap, that means $10 a share. That of course doesn't take into account that these bondholders are getting a huge windfall and likely would be selling to net their gain. Seems like way too much actual risk for me to ever buy any. If you bought before the news, no worries, but after you'd be crazy not to secure the gains if you haven't already. Maybe they end up doing well, but now that most of the cronies have likely already gotten out who knows.
