Unfortunate Opportunity

In the same way that it can be awkward to discuss “after death” financial topics with someone from whom you might be getting an inheritance, talking publicly about investment possibilities that are coming on the back of a stock market that’s plummeting due to fear of a COVID-19 pandemic… it does feel a little bit wrong, but the opportunities of a down market also cannot be ignored. 😐

The Dow Jones has lost more than 12% of its value over the past seven days of trading. Unfortunately, the cause isn’t solely due to “scary thoughts” around the spread of the virus. 😟 With China being ground zero, the precautions that need to be taken and the effects that are already being experienced by the industries and workforce there… it was inevitable that markets around the world would reflect the disruption. 😳 Global economies, global trade, global investing… it’s all great stuff, until it isn’t.

Before COVID-19 was even a thing, I had already started researching different types of investing that my family (historically speaking) never really took advantage of. πŸ€” I’ve tended to use methods that I’ve seen work for my dad and my aunt, and they probably used methods that they saw work for their parents. 🧐 It makes investing feel comfortable, but the returns are usually modest in comparison.

The volatility in the markets isn’t going anywhere, so I’ll have plenty of time to continue reading, learning, and eventually planning… even if “the plan” ends up being that I don’t change much of anything. πŸ€·πŸ»β€β™‚οΈ And while loads of people have been cashing out, to “protect” their gains from the past year or longer, the farther the markets fall – the better it is for folks who are only just now wanting to get in. 🀨

I suppose I should mention that I’m not thinking about individual stocks when I’m talking about all of this. I don’t know enough yet to speculate on individual companies and their ability to bounce back. I’m thinking mostly about ETFs with holdings that are properly weighted to match gains / losses of the Dow. πŸ˜πŸ€“

Historically, you’re on pretty solid ground if that’s what you’re invested in… but just as there have been extremely good years, there have been some really bad ones as well. More often than not though, the gains for each year have been remarkably good. (Which doesn’t mean a heck of a lot if you didn’t buy your shares on (and only on) January 1st of each year… heh) Meh… just kinda thinkin’ here… πŸ€·πŸ»β€β™‚οΈπŸ™‚

Well, Here We Go…

Not in a big hurry to get my day started today. Plenty of time to run in to the pharmacy, and plenty of time to make my calls to the insurance place. But it looks like, unless something happens between now and when I get to the pharmacy, I’m gonna have to pay over $400 for this one prescription. 😐 At least for now.

Last month WC approved the med the day after I paid for it, and the pharmacy refunded my money accordingly, but man is that an irritating way to do things. Especially since I never know for sure if they will eventually pay for it. It’s feeling more and more like I’m gonna be stuck with it this month though.

I’m trying to put myself in the mind set of accepting that I’m gonna have to take the L, and if so, I’ll have to figure out something with my WC doctor at my next appointment – ‘cuz there’s no way that I’m gonna pay that much each month. There’s no way that I can. 😣 But one time isn’t gonna kill me, so I’m allowing myself to be “grr” for a bit – but then I have to put it out of my mind. πŸ’†πŸ»β€β™‚οΈ What’s done is done, essentially.

Fun Fact: I actually have another prescription that’s due for a refill, which will also be ran through my WC insurance… so as I’m finishing up this first little fight, I might be starting a second one. πŸ€¦πŸ»β€β™‚οΈ At least that one is covered by my normal insurance, should WC refuse to pay for that one as well. So at least the outcome, whichever way it goes, won’t make me nearly as twitchy. Hopefully.

I’m gonna try to enjoy the drive into town, blowing a little stink off, and maybe picking up some fast food to bring back home. Still haven’t gotten a notice regarding the IC hearing being rescheduled, and I’ve heard absolutely nothing about the court case… so I’m really feeling like I’m in limbo here. 😟 The phone just rang (unrecognized number) and they left a voice mail, so I’ll cross my fingers and hope it was one of my attorneys letting me know what the heck’s going on. (C’mon… who actually answers their phone these days?)

Got a solid six hours of sleep, and woke up with my neck and other achy parts feeling pretty decent so far today, so at least that’s not something adding to my stress. But I’m gonna chill here for another half hour or so and then get on this. 😠 I wanna get it over with so I can get back home and straighten up a bit, do the laundry, put away the groceries, etc… as well as squeezing that insurance call in there at some point.

Wish me luck. πŸ˜πŸ€·πŸ»β€β™‚οΈ

How Could I Not?

Here I’ve been, telling my friends “Nah, I’m not going out for Black Friday. I can’t even think of anything I need, and especially if I have to be out among the sea of people.”Β and I thought I was telling them the truth. 😏 Actually, most of those two sentences are still true… because no wayΒ would I consider going out to fight with the thousands of other assholes at the crack of dawn come this Friday – but it turns out that I did need something, and I didn’t even realize it until a just few minutes ago. (Deja vu… heh)

I’ll go ahead and describe the item, then I’ll get to the “deal” part of it. I already have a Playstation 4, and about a year ago Sony came out with a virtual reality headset for it which has been selling for $299. Also known as way too friggin’ much. Well, now that they’re preparing to come out with an updated version of the headset soon, prices in some places are dropping to $199 for the current model. Still expensive, but much more reasonable.

For me, any VR gaming that I end up doing will just be a bonus. Because, to be honest, I couldn’t tell you the last time I’ve played a game on that system. πŸ˜• Things over the past couple of years have warped my brain, taking away the desire to do many of the things I used to find fun… but anyway…

I had actually given the PSVR system a brief look when it originally came out, but mainlyΒ  because of the photo and video applications. I have a 3D television, but I’ll now be able to watch 3D movies or videos on the headset. Same thing with 360Β° virtual realityΒ videos. 😎 Does anything start to sound familiar? πŸ€” At this price point, this thing sounds perfect for me since I’ve got a cheap 3D video recorder and a camera that can shoot 360° photos and videos. Honestly, the thing is made for me to own.

But it wasn’t even floating around in my brain as recently as 15 minutes ago, that is, until I saw a post from Cheap Ass Gamer that showed the system available at Kohl’s for $199 – plus for every $50 that you spent, you’d earn $15 in Kohl’s Cash which can be used for in-store purchases later. So I hit the site, put the PSVR in my cart, added a $1.00 foaming face mask (to push the total to just over $200) and boom… $60 in Kohl’s Cash, effectively making the final price only $140. πŸ€“ Giddyup.

This should really encourage my shooting in those alternative mediums.

Wait, How Much?

The other day I did some investigating in regards to the monthly cost of the various medications that I’m prescribed, for the injury/disability that is currently covered by my workers comp claim. It’s been quite a while since I’ve given it much thought, but man… now that I see the numbers… damn. 😧 These are the prices that I would pay if I had no insurance, and was paying for my prescriptions with cash.

  • Medication #1” – Brand Name: $284.99 / Generic: $73.59
  • Medication #2” – Brand Name: $1314.99 / Generic: $535.99
  • Medication #3” – Brand Name: $996.99 / Generic: (N/A)

So with those figures… add in the monthly office appointments, the potential tests or procedures that I might need to have in the future… and you can see how I’d be a bigger financial burden to my WC insurer than one might originally think. (And it sure makes these settlement negotiations feel a whole lot more significant to my future.)