Big Bad Don

Baby Boomer Going Like Sixty Posted on by

Big Bad Don (parody of Big Bad John by Jimmy Dean)

Every noon, about twelve o nine you could see him arrive

He stood six foot two and two eighty five

Kinda broad in the middle and around the hip

And everybody knew ya didn’t give no lip to big Don

(Big Don, big Don)

Big bad Dion (big Don)

Nobody seemed to know where Don called home

He just drifted into town and stayed all alone

He said a lot, a loudmouth guy

And if you listened at all, you just heard shit from Big Don

Somebody said he came from Queens

Where he got in a fight over a bankruptcy lien

And a crashin’ blow from a tiny right hand

Sent a Duetche Bank fellow to the promised land, big Don

(Big Don, big Don)

Big bad Don (big Don)

Then came the day at the bottom of the DOJ

When a case cracked and men started cryin’

Family was payin’ and hearts beat fast

And everybody thought that they’d breathed their last, ‘cept Don

Through the Covid and the recession of this man-made hell

Walked a spineless man that the staffers knew well

Grabbed a saggin’ Russian, who gave him a loan.

And like a puny little sap he just stood there alone, big Don

(Big Don, big Don)

Big bad Don (big Don)

And with a mighty curse he found his chauffeur

Then he cried out “but I got bone spurs.”

And twenty men scrambled from a would-be grave

Now there’s only one left down there to save, big Don

With severance and dark money, they left him alone.

Then came that rumble way down in the ground

And then smoke and gas belched out of that mine

Everybody knew it was the end of the line for big Don

(Big Don, big Don)

Big bad Don (big Don)

Now, they never reopened that worthless pit

They just placed a gilded stand in front of it

These few words are written on that stand

At the bottom of this mine lies a big, flim flam man

Big Don

(Big Don, big Don)

Big bad Don (big Don)

(Big Don) big bad Don

Retired Senior Citizens and Possible Expenses

Baby Boomer Going Like Sixty Posted on by

Life in the modern era is expensive as can be. It doesn’t matter if you’re a senior citizen who has just gone into retirement mode, it doesn’t matter if you’re a spring chicken who has just graduated from a college or university, either. Dealing with the costs of being alive can be significant. If you want to minimize the sting of having to pay for so many things, however, it can help you greatly to be able to prepare like a champion. Retired senior citizens should think in great detail about expenses that may be necessary for their day-to-day existence.

Elderly individuals often have to pay for medical supplies. They often have insurance coverage that handles medical devices and similar things. There are exceptions, though. If a retired senior citizen wants to lead a comfortable life, then he may want to think about everything from automatic pill dispensers to transport ventilators.

People who are retired often like to set aside cash for recreational activities. Since retired people do not have to go to jobs daily, they in many cases have substantial amounts of spare time. They often use this time to go after pastimes and hobbies that mean a lot to them. A senior citizen, who no longer works, may go after gourmet cooking as a hobby. She may go after knitting as a hobby as well. Senior citizens who want to enjoy their lives often set aside money for supplies that can make it a lot easier for them to go forward with all of their ambitions and wishes.

Retired seniors have time for things that go beyond hobbies that they can take on in the comforts of their own homes, too. That’s because there are many elderly individuals who are keen on traveling to distant and exotic locations. It can cost an arm and a leg to travel to another nation. Seniors who want to see the world, however, in many situations, take that cost component into consideration. Older people often budget their lifestyles based on their travel aspirations and more.

It isn’t uncommon for people who are older to stop driving their vehicles. It can be quite hazardous for older folks who have vision issues to get behind the wheel. It can be dangerous for seniors who have mobility issues to do the same. Since seniors are often unable to handle their own travel requirements, they frequently turn to public transportation. They frequently rely on taxis and car services as well. Costs for car service can be steep at times. They can add up pretty rapidly. Seniors who want to feel safe and secure often have to think at length about transportation costs any time they put together their monthly budgets.

Renovation work is a biggie among seniors who have lots of free time. Seniors who are retired often get a lot out of joy out of updating their precious living spaces. Since senior citizens tend to spend more time at home, they understandably want to be in living quarters that are both convenient and visually appealing. It can be costly to upgrade any kind of home. Seniors often choose to set aside money to finish their basements and turn them into guest bedrooms for their grandkids and family members in general. They often choose to set aside money to put together additions as well. It doesn’t matter if a senior opts to install a deck or a gazebo in his backyard. It doesn’t matter if he opts to install outdoor lights that can promote a higher level of safety and aesthetic charm, either. It’s critical to think thoroughly about any and all renovation and remodeling costs prior to moving forward.

Seniors should put a lot of time into thinking about their most substantial expenses. It can help people greatly to prepare even before they’re classified as being senior citizens, too. People should do what they can to put together retirement funds while they’re still working. If an individual has no clue how to put together a retirement fund that makes sense, then it may help him considerably to work with a financial planner. Guidance from financial planners can do so much for people who are part of all age groups. It can stop them from making serious and frustrating retirement savings mistakes.

The Stock Market: Seniors and 30-Year-Olds

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Once a person reaches age 30, the world seems to appear differently. It is not like your mid-20s, when your perspective on life may have been less in focus and malleable. Around age 30, people may be more direct and clear on their intention in life. They may know a lot more about the little things that can make big things happen once they pass their 20s. Once someone reaches their senior age, they may be at a point in their life where those choices made at age 30 should pay off. Let’s go over how seniors view the stock market compared to people in their 30s.

Understanding Stocks

A simple way to understand stocks is to think of it as a language. Learning a new language is hard to comprehend when you first begin. When learning about stocks and investments, it may be difficult for people to understand why people choose the stocks they do. Once someone learns the language of stocks and investments, then things seem to flow a lot easier with every investment. 

An excellent step to understand stocks is to learn about stock ratings. A stock rating is basically a measurement of stock performance and also predictions of its potential. Understanding stock ratings will help people better understand the stocks they invest in and its potential true value (fair value) compared to their market value. 

The older generation may have a grasp on investments and could have profiles already lined up. The younger groups in their 30s may miss the bigger picture of investments. The younger groups could also still be in the learning period of investments. Older groups invest in stocks to support themselves, while younger groups may invest to retire.

Investments vs. Retirement Savings

Most people have considered starting a retirement fund by age 30. They know it is time to set up a life plan for the long haul. Seniors most likely already started using their retirement funds. Seniors realize how important it is to diversify investments and savings. A retirement savings account is not enough. No one knows what the future may hold, so investing is important for those bumps in the road. Investments can continue to grow, and they are often more diverse than retirement savings. Retirement savings are more guaranteed and can be a safer option. Consider having both retirement savings and several investments.

Deliberate Action

Investing can intimate people, so the best option is to make the best choices for your financial plan. A senior person’s financial plan could focus on aiding lacking retirement funds, or it could focus on building generational wealth. A younger person’s goal could also focus on building generational wealth; however, they might seek to spend some of that wealth during their middle-age years. The stock choices are just as important as the financial plan. Senior people have had more time to see how the market flows, this gave them a head start. The New York Times discusses how to navigate the stock market. Their discussion is useful to anyone at any stage of their investment plan.

Preference

A senior has different preferences for their goals than someone in their 30s. A senior is focused on sustaining themselves through their later years, while a 30-year-old focuses on becoming something and building themselves up. The importance of age gaps is to understand why stock investment plans are different and why they change. Stocks that a senior invests in can relate to stock market patterns they have seen. A 30-year-old may focus on pop-culture related investments. Over time, their profile may mature, since pop culture stocks change along with trends.

Investing can intimidate anyone at first, the best option is to take the first step. If you have already taken that first step, then you have already won half of the battle. No matter your stage in life, the stock market is a great investment opportunity for anyone. Not everyone invests when they are younger. If you compare a senior’s long-term investment profile to a 30-year-olds, you find that they are very different. 

Many seniors who started when they were 30 would have invested in companies that are much larger today (or are no longer in business). Many 30-year-olds are investing in companies they hope will be bigger companies someday. Many people begin their investments at a later stage in life. Either way, if the chosen investments are diverse, then prosperity is certain.