Search found 88 matches

by coffeeblack
Thu Oct 17, 2019 12:18 pm
Forum: Personal Investments
Topic: How to handle 5M capital gain (post-IPO)
Replies: 83
Views: 6011

Re: How to handle 5M capital gain (post-IPO)

Congrats on the windfall. This is what I would do. 1. Sell the individual stocks. 2. Pay the taxes. 3. Invest in a 3 fund or 4 fund portfolio. 4. Use some of it to take a nice vacation. Taxes will be high but so what. After taxes for the entire 4.8 mil you will have around 3.5 or so. Add that to 1 m...
by coffeeblack
Mon Oct 14, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Is Utah the most convenient "Out West" destination for East Coast skiers?
Replies: 42
Views: 4315

Re: Is Utah the most convenient "Out West" destination for East Coast skiers?

I sell a yeti proof repellent for 9.99 with a no money back guarantee.

You can pick it up at www.yetiandyouforeverfor9.99.com
by coffeeblack
Mon Oct 14, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Doctors charging for things outside of insurance, is this Kosher?
Replies: 55
Views: 5134

Re: Doctors charging for things outside of insurance, is this Kosher?

To keep this as succinct as possible, I may have to have a surgical procedure in the next week or two. I wouldn’t know if I needed the procedure until the day of. The doctor who would be performing the procedure has charged me $275 to “keep his calendar open” for the day. I understand this as an in...
by coffeeblack
Sat Oct 12, 2019 11:31 am
Forum: Personal Investments
Topic: Please Critique My Financial State!
Replies: 7
Views: 1546

Re: Please Critique My Financial State!

Hi Everyone, I am hoping people can critique my current portfolio and overall financial state. I am 38 years old with 2 young children (both below age 5). My wife and I both work. As of now, our pre-tax salary is approximately 650k. Next summer, I anticipate that it will increase to approximately 9...
by coffeeblack
Fri Oct 11, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: $575 to replace rear brake pads and rotors on a 2017 Subaru Forester?
Replies: 64
Views: 4165

Re: $575 to replace rear brake pads and rotors on a 2017 Subaru Forester?

Bob Sacamano wrote:
Thu Oct 10, 2019 8:28 pm
i have no idea what fair prices are when it comes to auto body work. this is in NY if it matters.
Get a second and third opinion. It's a little high. But like someone else mentioned it seems a little early for rotor replacement. But your driving conditions matter as well.
by coffeeblack
Tue Oct 08, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7186

Re: Should I sell or keep my 5 year old depreciated Tesla

:sharebeer
Jack FFR1846 wrote:
Tue Oct 08, 2019 1:10 pm
Here's my favorite video of a Tesla on the Nurburgring.

https://www.youtube.com/watch?v=wyWT6HZftI4
:sharebeer :D I couldn't have said it better myself.
by coffeeblack
Tue Oct 08, 2019 12:41 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7186

Re: Should I sell or keep my 5 year old depreciated Tesla

Track it. So fast. Win everything. :twisted: No it won't. Teslas are fast from 0 to 60. On the track no way it will beat the other cars with similar 0 to 60 times. It's easy to make a car go fast 0 to 60. It's hard to give it world class handling ability. Two words: space Tesla. :happy LOL. When I ...
by coffeeblack
Tue Oct 08, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: Should I sell or keep my 5 year old depreciated Tesla
Replies: 89
Views: 7186

Re: Should I sell or keep my 5 year old depreciated Tesla

whodidntante wrote:
Tue Oct 08, 2019 12:14 am
Track it. So fast. Win everything. :twisted:
No it won't. Teslas are fast from 0 to 60. On the track no way it will beat the other cars with similar 0 to 60 times. It's easy to make a car go fast 0 to 60. It's hard to give it world class handling ability.
by coffeeblack
Tue Oct 08, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Hillarious insight on having $5 Million
Replies: 14
Views: 3857

Re: Hillarious insight on having $5 Million

On a recent episode of "Succession" regarding inheriting $5 million. "Five's a nightmare...... Can't retire.....not worth it to work. Five will drive you un poco loco , my fine feathered friend. Poorest rich person in America The world's tallest dwarf......the weakest strong man at the circus." I l...
by coffeeblack
Tue Oct 08, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: Help Me Decide on a New Vehicle?
Replies: 63
Views: 4547

Re: Help Me Decide on a New Vehicle?

Acura is another option.
by coffeeblack
Fri Oct 04, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7490

Re: Daddy I'm engaged! Pre-nup?

Jack FFR1846 wrote:
Thu Oct 03, 2019 1:15 pm
What if each of them end up marrying bajillionaires?

just a thought
Then that billionaire will have them sign a pre nup. :D
by coffeeblack
Mon Sep 30, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: need advice negotiating with car maker for problems with new car
Replies: 30
Views: 1488

Re: need advice negotiating with car maker for problems with new car

UpperNwGuy wrote:
Mon Sep 30, 2019 3:15 pm
I would forget the cash settlement and just take the replacement vehicle.
This is what I would do. Forget about trying to get more money.
by coffeeblack
Thu Sep 26, 2019 12:22 pm
Forum: Personal Investments
Topic: Fine Art Investments
Replies: 67
Views: 3152

Re: Fine Art Investments

Fine arts is not investing. It is speculation. That's debatable. Simply arguing that art is unlikely to outpace inflation is not enough to disqualify it as an investment or else bonds offering a 0% or lower real return should be disqualified as investments as well. In my opinion it is. It's about a...
by coffeeblack
Thu Sep 26, 2019 11:34 am
Forum: Personal Investments
Topic: Fine Art Investments
Replies: 67
Views: 3152

Re: Fine Art Investments

Fine arts is not investing. It is speculation. That's debatable. Simply arguing that art is unlikely to outpace inflation is not enough to disqualify it as an investment or else bonds offering a 0% or lower real return should be disqualified as investments as well. In my opinion it is. It's about a...
by coffeeblack
Thu Sep 26, 2019 11:01 am
Forum: Personal Investments
Topic: Fine Art Investments
Replies: 67
Views: 3152

Re: Fine Art Investments

Fine arts is not investing. It is speculation.
by coffeeblack
Tue Sep 24, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio without cash allocation?
Replies: 65
Views: 4567

Re: Permanent Portfolio without cash allocation?

willthrill81 wrote:
Tue Sep 24, 2019 5:10 pm
coffeeblack wrote:
Tue Sep 24, 2019 5:02 pm
Back testing???

Not long enough data.

Are you going to withdraw 6.1%?
How much data would be enough?

I don't advocate fixed dollar withdrawal strategies.
Here is my version. 50% small cap value, 30 percent long term bonds, 20% gold.

7.4% swr, 6.6% pwr
by coffeeblack
Tue Sep 24, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio without cash allocation?
Replies: 65
Views: 4567

Re: Permanent Portfolio without cash allocation?

Back testing???

Not long enough data.

Are you going to withdraw 6.1%?
by coffeeblack
Tue Sep 24, 2019 4:40 pm
Forum: Investing - Theory, News & General
Topic: Permanent Portfolio without cash allocation?
Replies: 65
Views: 4567

Re: Permanent Portfolio without cash allocation?

If you're alright with un-conventional portfolios, I would humbly suggest that you just look at one of my own creation. I call it the 'Golden Dragon', hearkening back to the Golden Butterfly that Tyler created at Portfolio Charts, where all of the above charts were created. The Golden Dragon only h...
by coffeeblack
Fri Sep 20, 2019 5:00 pm
Forum: Personal Investments
Topic: Investing in an apt complex through a real estate equity firm
Replies: 40
Views: 2426

Re: Investing in an apt complex through a real estate equity firm

:sharebeer
new2bogle wrote:
Fri Sep 20, 2019 3:17 pm
coffeeblack wrote:
Fri Sep 20, 2019 2:03 pm
There is a guy advertising in my area for a real estate seminar to make money off other peoples money. I guess you are the other people. :wink:
Not yet :D
by coffeeblack
Fri Sep 20, 2019 2:03 pm
Forum: Personal Investments
Topic: Investing in an apt complex through a real estate equity firm
Replies: 40
Views: 2426

Re: Investing in an apt complex through a real estate equity firm

There is a guy advertising in my area for a real estate seminar to make money off other peoples money. I guess you are the other people. :wink:
by coffeeblack
Fri Sep 20, 2019 10:55 am
Forum: Personal Consumer Issues
Topic: How hard is it to get into college?
Replies: 167
Views: 9977

Re: How hard is it to get into college?

Perhaps I missed it but what does she want to study in college/university? In my opinion if she has good grades (not all A's but good) she can get into a good school. It may not be stanford or UCLA or Harvard etc. But lets put that into perspective. I remember a study years ago (I wish I could find ...
by coffeeblack
Thu Sep 19, 2019 4:00 pm
Forum: Personal Investments
Topic: Newly widowed need investment advice
Replies: 35
Views: 2105

Re: Newly widowed need investment advice

So sorry for your loss. My suggestion is simply to do nothing. Let yourself morn. Don't worry about forming new relationships or long-term investment stratgies or anyting like that for now. Give yourself six months, simply drawing on your Fidelity MM during that time. Avoid big decisions. Hell - av...
by coffeeblack
Thu Sep 19, 2019 3:59 pm
Forum: Personal Investments
Topic: Newly widowed need investment advice
Replies: 35
Views: 2105

Re: Newly widowed need investment advice

Consider Planvision. which is an advice-only financial advisor at a very low fee. Search for it in the google search box in upper right hand corner to find more details in other threads. It also gives you access to planning software. I am considering doing it just for the low-cost access to the pla...
by coffeeblack
Thu Sep 19, 2019 12:23 pm
Forum: Personal Investments
Topic: Newly widowed need investment advice
Replies: 35
Views: 2105

Re: Newly widowed need investment advice

Consider Planvision.
by coffeeblack
Tue Sep 17, 2019 10:52 am
Forum: Investing - Theory, News & General
Topic: What do you think about Dan Wiener
Replies: 82
Views: 5550

Re: What do you think about Dan Wiener

For about 100 dollars he will make you 3x times your investment in 20 years. What a guru. He knows what will happen in 20 years. His magic is amazing. So powerful. It will only cost you 100 bucks. How generous of him. And when it fails he can say you chose to invest, you took the risk. No promises. ...
by coffeeblack
Mon Sep 16, 2019 12:56 pm
Forum: Investing - Theory, News & General
Topic: Is the 60/40 portfolio allocation strategy being killed?
Replies: 116
Views: 10302

Re: Is the 60/40 portfolio allocation strategy being killed?

In my opinion a better question is: Why is it that every time some guy who calls himself an investment guru and writes an article someone panics or just feels they need so much reassurance? The so called guru does not know anything because no one really does. Unless any of us have a crystal ball, no...
by coffeeblack
Thu Aug 29, 2019 7:17 pm
Forum: Personal Investments
Topic: FIRE Drawdown Plan
Replies: 57
Views: 5513

Re: FIRE Drawdown Plan

Hi all. I'm looking into going the FIRE route with a target number of 700-800k and a planned 4% SWR. Planning to move abroad to a LCOL area. Currently have about 250 in Traditional IRA in Vanguard Target Date Fund 2040. Will likely move this. Have about 15 in Google/Apple. Have about 95 in differen...
by coffeeblack
Thu Aug 29, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

They're both going to be named in the suit. Don't you know anything about malpractice? :) And the hospital and the ER group and the teleneurology group.... :oops: I was surprised to see your comments about stroke therapy. I've seen many remarkable saves now with the latest clot retrieval devices. L...
by coffeeblack
Wed Aug 28, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

My doctor doesn’t charge anything to communicate using email/patient portal. Obviously you don’t want to be the little boy crying wolf and emailing them every week, but when I’ve been genuinely sick I’ve always talked to them through the portal and they never charged me anything. IMO I’d try to fin...
by coffeeblack
Wed Aug 28, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

I love that you think the patient gets a choice. Imagine a scenario where you come into an ER with a stroke. The only neurologist on call is on the other side of a video screen wheeled in by the emergency staff and the neurologist is trying to examine by video. I bet this is 30% of the ERs in the c...
by coffeeblack
Tue Aug 27, 2019 4:19 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

I guess I'll just set a computer terminal on the triage desk out in the waiting room. :) Seriously though, until you've watched someone attempt to care for a complicated, sick patient via telemedicine, you might think this is a viable alternative. I assure you it really isn't. Maybe some radiology ...
by coffeeblack
Tue Aug 27, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

I love that you think the patient gets a choice. Imagine a scenario where you come into an ER with a stroke. The only neurologist on call is on the other side of a video screen wheeled in by the emergency staff and the neurologist is trying to examine by video. I bet this is 30% of the ERs in the c...
by coffeeblack
Tue Aug 27, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: out of network emergency visits. Huge bill!!!
Replies: 156
Views: 13433

Re: out of network emergency visits. Huge bill!!!

My proposed solution is to lobby for a requirement that insurance companies have adequate provider networks, not narrow networks which is a form of rationing care. Lobby for insurance companies to give providers a reason to sign up for their plans, not a reason to avoid them. The only lobbying we s...
by coffeeblack
Tue Aug 27, 2019 12:07 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

I guess I'll just set a computer terminal on the triage desk out in the waiting room. :) Seriously though, until you've watched someone attempt to care for a complicated, sick patient via telemedicine, you might think this is a viable alternative. I assure you it really isn't. Maybe some radiology ...
by coffeeblack
Tue Aug 27, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 116
Views: 8349

Re: Coffee becomes cold too soon

Hello friends, I like my coffee warm. And I like to drink it slowly in a regular mug. But it gets cold too fast for me. So I have to keep warming the mug in the microwave (I drink 1/3, then warm it, then at 2/3, I warm it again). Anyone else face this situation :) Any neat solution you found? Coffe...
by coffeeblack
Mon Aug 26, 2019 10:23 pm
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

Just a matter of time before MDLIVE or some one else will use doctors overseas at a fraction the cost. What is stopping an app in India to provide medical consulting to anyone in the world. Doctors Without Borders indeed. I'm looking forward to this. I guess I'll just set a computer terminal on the...
by coffeeblack
Mon Aug 26, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

I find the cost conundrum a bigger consideration for my (younger) generation. Its more important to us because we hear about it so often. I dont know that this was ever harped on the older doctors. My partner orders vit d routinely yet shows no concern for the fact that its an 80-200 dollar test. I...
by coffeeblack
Mon Aug 26, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

IMHO, you are making your problem the doctors problem. If a drug cost too much then perhaps you can call and ask the doctor for an alternative and then see if it cost less (assuming there is an alternative). A doctors job is to advise the best route or routes to achieve the best possible outcome. T...
by coffeeblack
Mon Aug 26, 2019 10:48 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

My experience with a teledoctor consultations was useless. I had a bad cough and was hoping to get some benzonatate as I had used that previously with great success. The doctor told me to go to the emergency room in case it was pneumonia. :annoyed I think they're so worried about liability that it ...
by coffeeblack
Mon Aug 26, 2019 1:55 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

My experience with a teledoctor consultations was useless. I had a bad cough and was hoping to get some benzonatate as I had used that previously with great success. The doctor told me to go to the emergency room in case it was pneumonia. :annoyed I think they're so worried about liability that it ...
by coffeeblack
Mon Aug 26, 2019 1:48 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

My doctor doesn’t charge anything to communicate using email/patient portal. Obviously you don’t want to be the little boy crying wolf and emailing them every week, but when I’ve been genuinely sick I’ve always talked to them through the portal and they never charged me anything. IMO I’d try to fin...
by coffeeblack
Mon Aug 26, 2019 1:43 am
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

If i prescribe something and pt wont take it becauae they cant afford it then its no different than not prescribing it. So yes. Knowledge about diabetes drugs and insurance is unfortunately part of my job See that's where I see it differently. It's part of your job to give medical advice, do medica...
by coffeeblack
Mon Aug 26, 2019 12:52 am
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

Im an internist and most often the comment i receive from patients is that i am more up to date and aware of recent therapies than experienced docs. Do you think there's a tendency for new physicians to gravitate toward the newer therapies as the first choice rather than trying an old medication fi...
by coffeeblack
Mon Aug 26, 2019 12:47 am
Forum: Personal Consumer Issues
Topic: The cost to talk to a doctor
Replies: 151
Views: 9529

Re: The cost to talk to a doctor

My doctor doesn’t charge anything to communicate using email/patient portal. Obviously you don’t want to be the little boy crying wolf and emailing them every week, but when I’ve been genuinely sick I’ve always talked to them through the portal and they never charged me anything. IMO I’d try to fin...
by coffeeblack
Sun Aug 25, 2019 12:01 pm
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

Im an internist and most often the comment i receive from patients is that i am more up to date and aware of recent therapies than experienced docs. Do you think there's a tendency for new physicians to gravitate toward the newer therapies as the first choice rather than trying an old medication fi...
by coffeeblack
Sat Aug 24, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Physician quality and experience
Replies: 94
Views: 6074

Re: Physician quality and experience

A complicated question, but most evidence suggests a slow decline in quality of care as years in clinical practice increase. However, I don't know of any study focusing on recent fellowship graduates. Medical information increases at a tremendous rate, and the half life of medical knowledge is rela...
by coffeeblack
Sun Aug 18, 2019 5:02 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 10712

Re: Aliens have captured my husband [wants to buy a Porsche]

I would worry that a late in life change of a frugal nature may be an early sign of cognitive decline. Perhaps helped along by having become accustomed to lavish travel. This can be a serious issue. Cognitive decline happens to the great majority of people who live long enough and 74 is hardly earl...
by coffeeblack
Sun Aug 11, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 7128

Re: How should my Spouse and I handle a $300,000 Settlement?

I supported her and paid all costs - including her vehicle - for two years while she did not work. At the time she had a Chevy Tahoe (more expensive than my sports car!) She lives in my house and does not pay any bills, not even Internet or utilities. As a result I have saved very little. You made ...
by coffeeblack
Sat Aug 10, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 9145

Re: Critique my exercise routine because it's not working for me

The study you mention is observational. Very poor model. Overtraining with HIIT or any other method will cause damage. Doing a mix of interval training, HIIT and low intensity cardio will benefit your body and allow it to recover while getting in your Mets throughout the week in a shorter duration ...
by coffeeblack
Sat Aug 10, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 9145

Re: Critique my exercise routine because it's not working for me

On a side note. HIIT workouts are not bad for the heart. That is incorrect info. I didn't say they are, I said HIIT training MAY be bad for your heart. Big difference. There are studies that show correlation of atrial fibrillation with high intensity interval training. There are studies that correl...