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I Stop Celebrities from Blowing Their Money

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Re: I Stop Celebrities from Blowing Their Money

#51

Post by JumpCrisscross »

smadge wrote: post #44

“One thing that’s surprisingly inexpensive for a lot of our clients is health insurance. The insurance policy for members of SAG-AFTRA is amazing. For the money, it is the best health insurance out there. It’s only about $400 per quarter for an individual, so you’re looking at about $1,200 or $1,500 a year for the best PPO coverage in the country. It travels with you everywhere, and you have access to emergency care…

> It really shows how us Plebians are ground into dust by the healthcare industry

Or the benefits of collective bargaining, even in limited context like procuring healthcare.

Re: I Stop Celebrities from Blowing Their Money

#52

Post by JumpCrisscross »

2muchcoffeeman wrote: post #41
wrich5011 wrote: post #23

FIVE PERCENT FEES? After inflation that basically brings your ROI from holding risky equities down to savings account rates. She gets paid better than the world’s most successful hedge funds to be a glorified baby sitter to grownups? I picked the wrong career.

Seems reasonable considering the amount of babysitting they do. Managing assets and making sure certain bills get paid on time seems reasonable. But having to talk them out of impulse buys they may not be able to afford sounds terrible. It’s like these stars are not fully functioning human beings.

> It’s like these stars are not fully functioning human beings

Or that the personalities that (a) go into low-probability high-payoff careers like entertainment and (b) do well in entertainment (through further selection or the perso al transformations necessary to succeed in Hollywood or the NFL) are also bad at saying no to competitive luxuries and short-term impulses.

Re: I Stop Celebrities from Blowing Their Money

#53

Post by proaralyst »

letsgetphysITal wrote: post #39
iamtew wrote: post #31

The cookie wall won't let me continue without agreeing to cookies. I can reject them in the Cookie Policy, but that too is protected behind the cookie wall. Obviously, this doesn't comply with the GDPR, and makes the site unreadable for some.

Report them to the ICO.

Or give them the benefit of the doubt and email them.

Re: I Stop Celebrities from Blowing Their Money

#54

Post by majewsky »

smadge wrote: post #44

“One thing that’s surprisingly inexpensive for a lot of our clients is health insurance. The insurance policy for members of SAG-AFTRA is amazing. For the money, it is the best health insurance out there. It’s only about $400 per quarter for an individual, so you’re looking at about $1,200 or $1,500 a year for the best PPO coverage in the country. It travels with you everywhere, and you have access to emergency care…

/me goes to sign up for acting lessons

Re: I Stop Celebrities from Blowing Their Money

#55

Post by thecatspaw »

zeta0134 wrote: post #43
jgtrosh wrote: post #32

Earlier quoted context omitted.

These wall designs are really surprising; I would expect bad designs to come from difficulty of implementing data collection management, not the wall UX. Just imagine you're a user seeing this, do you not feel antagonized?

Since the data collection management would traditionally be stored as a cookie... It's a bit of a chicken and egg problem. Without tracking, how do you track that consent was revoked? The cookie law bugs me because it's feels like it's being applied in completely the wrong place. Isn't the browser perfectly capable of restricting third party cookies and presenting the necessary legal warnings?

browsers can restrict third party cookies. But this is opt-out, default is to allow these. The average user is most likely not aware of these settings.

Re: I Stop Celebrities from Blowing Their Money

#56

Post by amelius »

I wish there was a service like this for people with an average income.

There are lots of artists out there who are in this category, and who could use such a service. Also, the typical "mad scientist" probably doesn't care much for personal finance, so they could benefit as well. And lots of other people.

Re: I Stop Celebrities from Blowing Their Money

#57

Post by Brotkrumen »

smadge wrote: post #44

“One thing that’s surprisingly inexpensive for a lot of our clients is health insurance. The insurance policy for members of SAG-AFTRA is amazing. For the money, it is the best health insurance out there. It’s only about $400 per quarter for an individual, so you’re looking at about $1,200 or $1,500 a year for the best PPO coverage in the country. It travels with you everywhere, and you have access to emergency care…

There has to be a catch. Maybe high copays? 1500$ a year is ridiculously cheap

Re: I Stop Celebrities from Blowing Their Money

#58

Post by sh4z »

ainiriand wrote: post #48
Animats wrote: post #40

A lot of people who are making $300K a year in Silicon Valley are going to be in that situation around age 50.

That can be accurate, but keep in mind that the people ins Silicon Valley are there using the brain and therefore more aware of the financials of their lives. Artists and sportists on the other hand can be a bit more detached from how much they make. I am not saying that this happens in 100% of the cases but there is a correlation.

I kind of agree with your sentiment but you make it sound a bit like artists don't use their brain, or are outright stupid - which I don't think you meant and I don't think is true.

Re: I Stop Celebrities from Blowing Their Money

#59

Post by charmides »

caseysoftware wrote: post #45
charmides wrote: post #38

Earlier quoted context omitted.

That depends on your age and what you do for a living.

Since they're "actors, recording artists, producers, writers, and athletes" they're often in LA, NYC, and a handful of other places that are expensive to live. They usually have to be near their projects, sets, studio, or team for a significant part of the year. We're not talking about remote software developers or launching a new startup here.

I don't disagree, but you are having a conversation about something completely different. This was my comment:

>I would guess that those clients are young and with high income, so their net worth may not be that meaningful yet. Otherwise, they would be well-advised to fire their financial manager, take their million dollars and live somewhere less expensive.

When I say "otherwise," that means that you are either old or on a low salary. Let's spell that out:

i) If you are young, on a low salary, but own a million dollars, you would be well-advised to change careers and move somewhere else, otherwise that million dollars won't last long, especially with an expensive financial manager.

ii) If you are old and own a million dollars, you may as well consider retirement.

Thanks for your comment anyway, but since I don't feel super invested in this argument, I'm going to end my participation here.

Re: I Stop Celebrities from Blowing Their Money

#60

Post by mychael »

iamtew wrote: post #31

The cookie wall won't let me continue without agreeing to cookies. I can reject them in the Cookie Policy, but that too is protected behind the cookie wall. Obviously, this doesn't comply with the GDPR, and makes the site unreadable for some.

OMG, a site doesn’t comply with GDPR? Call the internet police! /s
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