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Off Topic: Mother In Law

Southieinnc

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A Unisom with lots and lots of potassium right before bedtime.

I know it's wrong, but it's so so right that I hope someone does it for me.
I have been praying for God to take her - but God's will not mine.
I answer to a higher power who I will face one day - hopefully not today.....
 

Southieinnc

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My Mom passed from breast cancer in 2016.

My Dad with his broken neck had to go into a care facility.

We sold their house in 2019. My Dad's care cost a certain % of his net income. The 4 kids divided his house by 4 and paid nothing in taxes. When his retirement funds were cashed out after he died, we had to pay taxes on those as they were tax free until used.

My brother had "ownership" of all his accounts. So technically it was all his to give away as he pleased.
Sorry for your loss.

Note that you do not have to take all the retirement funds at once. They can be rolled over and then you must withdraw a certain amount every year until gone.
By delaying, one may be able to wait until they have no or less taxable income.....
 

Hank Kingsley

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Sorry for your loss.

Note that you do not have to take all the retirement funds at once. They can be rolled over and then you must withdraw a certain amount every year until gone.
By delaying, one may be able to wait until they have no or less taxable income.....

It was easier to pay the piper and divide it up amongst the 4 of us.

The one thing that sticks in our craw is the fact that had we waited 1 more year to sell the house it would have doubled in price.
 

Southieinnc

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It was easier to pay the piper and divide it up amongst the 4 of us.

The one thing that sticks in our craw is the fact that had we waited 1 more year to sell the house it would have doubled in price.
If I had waited 6 months more to marry my current wife, I could have collected my 2nd wife's social security......
 

BigKen

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IF I had invested the entire $25,000 I had available in IMH at instead of $10.00, I would have had 5,000,000 shares when it hit $.57 a share. Then again I panic'd and sold 2000 shares when it hit $.04.

IF my father in law had loaned me $10,000 in to buy 1000 shares of Microsoft when the IPO was offered, we could have split $13.8M in 1998 when it split for the 10th time.

IF I had re-enlisted in March of 1972, I would have been a CPO by 1976 and would probably never have met my wife on Christmas Eve in 1973 and probably would never have lived the life I've lived.

IFs would have made huge differences IF They had not been IFs
 

Debbie Does

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Sorry for your loss.

Note that you do not have to take all the retirement funds at once. They can be rolled over and then you must withdraw a certain amount every year until gone.
By delaying, one may be able to wait until they have no or less taxable income.....
Remember that Hank lives in Canada, eh, and the tax laws are different there.
 

Dude

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IF I had invested the entire $25,000 I had available in IMH at instead of $10.00, I would have had 5,000,000 shares when it hit $.57 a share. Then again I panic'd and sold 2000 shares when it hit $.04.

IF my father in law had loaned me $10,000 in to buy 1000 shares of Microsoft when the IPO was offered, we could have split $13.8M in 1998 when it split for the 10th time.

IF I had re-enlisted in March of 1972, I would have been a CPO by 1976 and would probably never have met my wife on Christmas Eve in 1973 and probably would never have lived the life I've lived.

IFs would have made huge differences IF They had not been IFs
How’s this for a huge if …

The Microsoft thing will haunt me forever. I was a system analyst and programmer back then (mid 1980s), and was working on a Unix based multiuser system and terminals for admin stuff integrated with engineering and manufacturing (CAD-CAM). The Apple II had recently launched with amazing stuff like Visicalc (haha) and PCs were introducing MS-DOS operating system with the black screen and green blinking cursor … Windows would follow soon after.

Anyway, to make a long story short, our financial guy recommended we buy Microsoft stock, because things were changing fast. We laughed and said, sure man, whatever, those machines are for home use, and brushed off his recommendation. Fax machines were coming into the scene and an industrial-spec one cost like 12 grand back then.

Needless to say, we were total fools to not listen to the finance guy (actually it was a lady). Had we bought Microsoft stock back then we would have made at least 1,000 times more money as a company, and individually. Literally, would have made a fortune.

Coulda, woulda, shoulda …
 

Southieinnc

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If I had taken that job with Stanford Linear Accelerator Center.......
 

BigKen

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As my father told me when I was a youngster. "Ifs are regrets after you know what happened. You'll never know before anything happens. Take care of what you know now."

My father had to quit school in the 9th grade because of the Depression. He never completed his education. He taught me that you don't have to be educated to be wise or smart.
 

Yankee Traveler

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How’s this for a huge if …

The Microsoft thing will haunt me forever. I was a system analyst and programmer back then (mid 1980s), and was working on a Unix based multiuser system and terminals for admin stuff integrated with engineering and manufacturing (CAD-CAM). The Apple II had recently launched with amazing stuff like Visicalc (haha) and PCs were introducing MS-DOS operating system with the black screen and green blinking cursor … Windows would follow soon after.

Anyway, to make a long story short, our financial guy recommended we buy Microsoft stock, because things were changing fast. We laughed and said, sure man, whatever, those machines are for home use, and brushed off his recommendation. Fax machines were coming into the scene and an industrial-spec one cost like 12 grand back then.

Needless to say, we were total fools to not listen to the finance guy (actually it was a lady). Had we bought Microsoft stock back then we would have made at least 1,000 times more money as a company, and individually. Literally, would have made a fortune.

Coulda, woulda, shoulda …
I remember being in a Walden Books and over hearing people talking about Amazon going public the next week and should they shouldn't they buy Amazon stock.
I didn't even know what Amazon was or know how to go online to buy a book. Yeah...I'll never buy a book online and have it mailed to me when Walden Books is everywhere...

Missed opportunities...
 

Southieinnc

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After 2 months in Rehab home, mother in law has been accepted into assisted living.
It is a beautiful, happy place and one suitable for a Karen.
I really believe the only reason she was approved was her doctor wanted to get rid of her!
She turned 90 today. She will be moving Wednesday, after the holiday.
This is a very big blessing!
 

Debbie Does

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After 2 months in Rehab home, mother in law has been accepted into assisted living.
It is a beautiful, happy place and one suitable for a Karen.
I really believe the only reason she was approved was her doctor wanted to get rid of her!
She turned 90 today. She will be moving Wednesday, after the holiday.
This is a very big blessing!
Yeah, may there be the best of outcomes for all of you.
 
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