Search found 88 matches

by coacher
Wed Aug 12, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring this Friday. Now what?
Replies: 15
Views: 1700

Re: Retiring this Friday. Now what?

I retired at about your age and had similar feelings. Even got to the point of searching for and receiving a job offer soon after with similar pay but in a better environment. But what swayed me to turn it down was the realization that the chase to validate that I was still marketable was more impor...
by coacher
Tue Jun 23, 2020 9:27 pm
Forum: Personal Consumer Issues
Topic: Robot Vacuum Recommendation for Elder?
Replies: 12
Views: 766

Re: Robot Vacuum Recommendation for Elder?

Thanks all for the responses. Gives me a great reference to begin shopping.
by coacher
Tue Jun 23, 2020 9:26 pm
Forum: Personal Consumer Issues
Topic: Robot Vacuum Recommendation for Elder?
Replies: 12
Views: 766

Re: Robot Vacuum Recommendation for Elder?

Mostly hard floors or carpet? For hard floors, I've used the iRobot Braava 380T mopping robot for a while now and really like it. It's not a vacuum cleaner but rather mops using a moist pad; for hard floors it's much better than a vacuum cleaner and has saved us a lot of elbow grease. Combination o...
by coacher
Tue Jun 23, 2020 12:55 pm
Forum: Personal Consumer Issues
Topic: Robot Vacuum Recommendation for Elder?
Replies: 12
Views: 766

Robot Vacuum Recommendation for Elder?

Looking to purchase (or at least try out) one for a 90+ year old woman who lives alone but does not want outside cleaning help; however she is interested in trying one of these, of which I have no experience. No "smart" bells and whistles required (unless they truly simplify operation). Tripping haz...
by coacher
Thu Apr 16, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 14223

Re: How many paid for kids' college?

The corp where I worked had a college tuition reimbursement plan for employees who majored in selected disciplines and received a "C" or better in their courses. That seemed like a fair deal to me, so it's what I put in place for my kids (except for imposing certain subject matter requirements; in r...
by coacher
Wed Apr 08, 2020 6:30 am
Forum: Personal Investments
Topic: Another Lump Sum vs Monthly Pension Question
Replies: 26
Views: 1434

Re: Another Lump Sum vs Monthly Pension Question

If there is no reason to assume that you and the joint survivor will lead shorter than average lifespans, I would approach this more like an asset allocation (or even bucketing) type exercise. If your goal for this portion of the portfolio is for safety and thus you would otherwise invest it in fixe...
by coacher
Wed Apr 01, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6659

Re: What is your age/AA during this crisis?

Age 60, retired, "allocation" based on buckets - Bucket 1 earmarked for retirement spending: 50:50, with the FI portion in short-med term instruments and totaling 8-10 years of projected expense - Bucket 2 earmarked for legacy: 75:25, with the FI portion in med-longer term bonds All buckets re-balan...
by coacher
Sat Mar 21, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 11980

Re: I won the game but kept playing

First off prayers and best wishes to all those physically or financially traumatized by our current crisis. Bill Bernstein’s words keep me up at night. I am beating myself up as I had a portfolio of 3m, now almost 2 M. I won the game, but kept playing due to what I can only say was greed in hindsig...
by coacher
Wed Mar 11, 2020 6:45 pm
Forum: Investing - Theory, News & General
Topic: S&P 2/3 'correction' - Hussman makes his case.
Replies: 58
Views: 6056

Re: S&P 2/3 'correction' - Hussman makes his case.

Strange to see such an eloquently written piece about the market imminently crashing by two thirds when we're in the middle of a [(removed) --admin LadyGeek] 'melt-up' :-) :-) "Investors should keep in mind that market valuations stand nearly three times the historically run-of-the-mill valuation l...
by coacher
Wed Mar 11, 2020 6:29 pm
Forum: Personal Investments
Topic: This is why I like buckets
Replies: 11
Views: 1377

Re: News Sources !!!

OP, What’s your problem with CNBC (or any other news source)? I would encourage anyone (even you) to get information from multiple sources and to continue asking questions. DW may outlive you and then will need to be financially literate and know where the family assets are. She needs to be able to...
by coacher
Wed Mar 11, 2020 5:14 pm
Forum: Personal Investments
Topic: This is why I like buckets
Replies: 11
Views: 1377

Re: This is why I like buckets

How empty does the bucket get before you refill it? Or do you empty it and hope never to need that bucket again? If you refill it, how do you know when and how full? I don't get buckets. Well in my case I refill with dividends and interest over and above spending to try to keep it a certain level (...
by coacher
Wed Mar 11, 2020 3:34 pm
Forum: Personal Investments
Topic: This is why I like buckets
Replies: 11
Views: 1377

This is why I like buckets

Helps with conversations like I had just now with my DW: Her: I just saw on CNBC that we are in a bear market Me: Why are you watching CNBC? Her: Never mind that. How much have we lost this year? Me: On paper, $XXXXXXX Her: OMG! Me: Don't worry about it. Her: How can you say that? We aren't working ...
by coacher
Thu Feb 20, 2020 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard as successor trustee?
Replies: 5
Views: 537

Re: Vanguard as successor trustee?

Fellow NJ resident here. The link below is dated, but it's one that helped convince me a while back not to go the revocable trust route. https://blogs.lawyers.com/attorney/trusts-and-estates/revocable-living-trusts-why-you-probably-dont-need-one-especially-in-new-jersey-16301/ Not sure how this impa...
by coacher
Wed Nov 27, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Combining IRA Accounts - Pros, Cons?
Replies: 10
Views: 712

Re: Combining IRA Accounts - Pros, Cons?

In which state do you live? Something to consider before commingling these accounts might be whether each was treated the same for state tax purposes (specifically referring to the Rollover IRAs - depend on what the original plan was - 401K, 403B, etc.) as the traditional and SEP.
by coacher
Mon Aug 26, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Aid Volunteering for AARP or VITA
Replies: 52
Views: 3306

Re: Tax Aid Volunteering for AARP or VITA

No direct experience but have known people who have done both. My understanding is that the training requirements for AARP program are a bit more time consuming vs. VITA because of the exposure to a wider spectrum of income levels. However this is somewhat mitigated by not taking on returns that are...
by coacher
Mon Aug 12, 2019 5:34 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 18744

Re: [Why did my fund suddenly drop in value?]

Just called them re: the alleged drop of 40-60% in many of the balanced funds (Wellesley, Target Retirement Income, etc.) today. They said they are "working on it." Apparently several clients have called to be walked off the ledge.
by coacher
Sun Mar 10, 2019 9:23 am
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 8444

Re: My name is _____, & I am a MARKET TIMER.

My name is ____, & I am a MARKET TIMER. I know that market timing is futile, but I keep sliding back into in. I think I’m no longer market timing, but find myself back to it, again & again. Is there an AA group for market timers like myself? Is there a CURE? :? Don't fret as long as you are being h...
by coacher
Tue Feb 12, 2019 12:49 am
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 6349

Re: Best ways to provide STRUCTURE to retired life

Find two TV shows that you like that are on daily; one in the AM and one in the PM. Get in the habit of watching them. The TV networks then become your scheduler. You now have a basic structure and the rest of your time will fill up naturally. Enjoy!
by coacher
Sat Feb 02, 2019 8:04 am
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 162
Views: 13810

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

One of my children is a professional dog walker in a densely populated metropolitan area as well as a part time vet tech. I showed her this thread and quote her advice as follows: "Kudos to you for your desire to put your best friend first. He needs companionship and exercise at shorter intervals th...
by coacher
Mon Jan 28, 2019 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Career Decision - Asking for help.
Replies: 30
Views: 3089

Re: Career Decision - Asking for help.

I suggest engaging with the recruiters, going on interviews, and hopefully getting some job offers. No need to feel guilty about that, right? You need some tangible opportunities to compare with your present situation. Then you will have the clarity, data, and leverage in order to make the best deci...
by coacher
Sun Jan 27, 2019 8:28 am
Forum: Personal Investments
Topic: Sell the business or stay the course?
Replies: 42
Views: 3062

Re: Sell the business or stay the course?

Are any of your kids involved in the business? If that would be the case I’m wondering if passing it down to them over time might be a consideration in your long term family plan.
by coacher
Sun Jan 20, 2019 11:19 pm
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 7883

Re: Paying thousands per ticket to attend the NFL Super Bowl?

I was fortunate to be able to attend the Super Bowl in New Orleans 6 years ago. Great game and great fun, but from a football purist perspective the environment was far less exciting than if I had been at a playoff game at one of the teams' home venues. I won the tickets from a local radio sports ta...
by coacher
Wed Jan 02, 2019 10:43 pm
Forum: Personal Investments
Topic: Delaying retirement just to help adult children
Replies: 66
Views: 6662

Re: Delaying retirement just to help adult children

I do understand this mindset - i.e., being somewhat pessimistic about future opportunities for kids' wealth building due to profession choices and skepticism about the future investment climate. I am also inferring from the OP's post that the "kids" are not spoiled and don't squander; it's just that...
by coacher
Thu Oct 25, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Seeking temporary health insurance in Chicago
Replies: 17
Views: 1138

Re: Seeking temporary health insurance in Chicago

Thanks all appreciate the guidance. Cobra no longer an option. Will look into the online options mentioned. FInding out that the big companies there tend to use Blue Cross (doubt they would offer anything cost effective for the individual).
by coacher
Thu Oct 25, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Seeking temporary health insurance in Chicago
Replies: 17
Views: 1138

Seeking temporary health insurance in Chicago

Trying to help a friend who is in between jobs to identify quality and cost effective health insurance in Chicago until he secures his next position with benefits. 33 years old, good health, no dependents. Recommendations are appreciated. Thank you.
by coacher
Sun Jun 24, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: When did you start flying business class?
Replies: 155
Views: 14904

Re: When did you start flying business class?

I have found that as long as my spouse is sitting next to me, a prescription sleep aid in coach will make long flights as bearable as business class at a small fraction of the cost.
by coacher
Tue Nov 21, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 14162

Re: What are the things you want to do between 55 and 65?

Applause to those of you who are deciding to "front load" your bucket list with adventures that are physically demanding. Besides the natural slowdown that comes with aging (notwithstanding habits that mitigate this - exercise, diet, etc.), a common reality those in this age group face is the slower...
by coacher
Tue Oct 31, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Pet insurance?
Replies: 50
Views: 6086

Re: Pet insurance?

Thinking of investigating vet insurance quotes for our Golden Retriever (now 5 1/2 years old), since our 3 previous Goldens started with their health issues at age 6 and I would like to limit large (>$1K) outlays. Our first lived until 12; we purchased VPI for her and essentially broke even at the e...
by coacher
Sat Oct 07, 2017 1:05 pm
Forum: Personal Investments
Topic: Using "Bear" Funds In Lieu of Taxable Reallocation
Replies: 8
Views: 1096

Re: Using "Bear" Funds In Lieu of Taxable Reallocation

I happened to employ this strategy (using Rydex funds) during the 07-08. It worked out for me then but I don't think I would do it again. You need to deal with the high expense ratios, the decision of when to sell the stock market inverse funds (and pay THOSE capital gains, if it works out), and inc...
by coacher
Fri Aug 18, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: popcorn ceiling, removal or drywall over it?
Replies: 41
Views: 12290

Re: popcorn ceiling, removal or drywall over it?

Get some estimates from reputable contractors - the good ones will be able to talk through the options intelligently by examining the situation. We had our popcorn ceilings tested, scraped, spackled, and primed professionally and then I did the painting and cleanup. Saved $$ doing this as I'm long o...
by coacher
Fri May 26, 2017 8:26 am
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 74
Views: 14960

Re: Should I drink or sell my Pappy 12 year?

Depends on your objectives. What is your target asset allocation in relation to your current holdings? If you are underweight fixed income and overweight bourbon then sell, if the opposite then drink it. If neither then hold as there would be no compelling reason at this time to re-balance.
by coacher
Sat Mar 25, 2017 9:03 am
Forum: Investing - Theory, News & General
Topic: Hussman doesn't view me an a true investor
Replies: 20
Views: 2982

Hussman doesn't view me an a true investor

Below is from his latest commentary (implying that from a valuation perspective risk free treasuries will beat the S&P now on a long term buy and hold scenario). I respect the guy's intelligence and enjoy his doomsday writings (for entertainment). I guess I will respect his advice below and no longe...
by coacher
Tue Feb 21, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Which puppy to buy: golden retriever or labrador retriever?
Replies: 120
Views: 11412

Re: Which puppy to buy: golden retriever or labrador retriever?

We've had four goldens. All different personalities and energy levels, but all wonderful. Got two as puppies, two as 2-year olds. Definitely an advantage to get a 1-2 year old in terms of assessing fit for your home. Here is a case where past performance is normally indicative of future results. Goo...
by coacher
Tue Jan 24, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Alaska cruise - Help me convince my family
Replies: 60
Views: 6126

Re: Alaska cruise - Help me convince my family

Highly recommend you go. We are animal lovers and so our excursion (we took Holland America) to ride (and play with) the sled dogs in Juneau was the top highlight. The only thing that rivaled it was swimming with the dolphins in the Caribbean!
by coacher
Mon Jan 16, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Medical Alert System
Replies: 20
Views: 2416

Re: Medical Alert System

I'm in the process of shopping around for a medical alert system on behalf of an elderly relative living alone and wondering if anyone has good/bad experiences to share on any specific providers as an update to this original question. Thanks!
by coacher
Fri Dec 16, 2016 11:08 am
Forum: Investing - Theory, News & General
Topic: What do you think is in more of a bubble right now?
Replies: 57
Views: 8169

Re: What do you think is in more of a bubble right now?

- Executive, Investment Banking, and Pro Athlete salaries/bonuses
- Tweets
- Top ten lists
- Pop-ups
by coacher
Sun Nov 20, 2016 10:46 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Ray Dalio's "All Weather Portfolio?"
Replies: 17
Views: 12375

Re: Thoughts on Ray Dalio's "All Weather Portfolio?"

http://www.businessinsider.com/ray-dali ... cy-2016-11

Does the above indicate a recommended "climate" tweak to this portfolio (more U.S. stocks, less bonds, more commodities, etc.)?
by coacher
Sun Sep 25, 2016 9:28 am
Forum: Investing - Theory, News & General
Topic: Selling in October
Replies: 43
Views: 4602

Re: Selling in October

"Sell in October, buy back in when you're sober"?
by coacher
Tue May 24, 2016 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Whole Life using your RMD
Replies: 28
Views: 3693

Re: Buying Whole Life using your RMD

I happen to know the host of the show. He is a disciple of Ed Slott (discussed in this forum before) and has similar views as Ed regarding the "benefits" of whole life as a valuable part of one's portfolio for the purpose of leaving tax free money to heirs. I think he often positions this as a way t...
by coacher
Sun Apr 03, 2016 7:52 pm
Forum: Personal Investments
Topic: 1099-R and State Taxes
Replies: 1
Views: 366

Re: 1099-R and State Taxes

What does the accountant that worked with you say? As far as whether or not the distribution is reported to the state, best to confirm with the custodian (I do not believe Vanguard for example reports to states, but I may be mistaken).
by coacher
Wed Aug 26, 2015 8:51 pm
Forum: Personal Consumer Issues
Topic: Recommendations for steam mop
Replies: 18
Views: 3011

Re: Recommendations for steam mop

If you have your heart set on a steam mop OK, but just adding that we've been using these for years and find them light, flexible with all types of cleaners and locations, easy to maneuver, and very effective. http://www.amazon.com/Sh-Mop-ALUMINUM-Sh-wipes-PRODUCT-Sh-Micro2-0/dp/B00GLX25UI/ref=sr_1_...
by coacher
Tue Aug 25, 2015 10:11 pm
Forum: Investing - Theory, News & General
Topic: Was vanguard.com slow for anyone else this morning?
Replies: 37
Views: 3808

Re: Was vanguard.com slow for anyone else this morning?

Learned from the last time I wanted to TLH on a volatile day in real time that the best course was to do it by phone
by coacher
Thu Jul 23, 2015 6:50 pm
Forum: Personal Consumer Issues
Topic: Greatest money lesson movie
Replies: 71
Views: 10910

Re: Greatest money lesson movie

It could happen to you
by coacher
Sat May 09, 2015 8:05 am
Forum: Personal Consumer Issues
Topic: Selling house; what to fix, what to leave?
Replies: 26
Views: 9025

Re: Selling house; what to fix, what to leave?

If your market assessment is as you say (price sensitive) and you are a motivated seller, my opinion is you are more likely to regret spending more $$ now (which could cause you to be less flexible in negotiations later on) than doing so. I think your instincts about the kitchen floor are probably r...
by coacher
Sat Mar 14, 2015 12:13 pm
Forum: Personal Investments
Topic: Heavy 401K Contributor? Read Your Custodian's Fine Print
Replies: 4
Views: 1021

Re: Heavy 401K Contributor? Read Your Custodian's Fine Print

Thank you ERISA and Rob for alerting me to the parallel discussion.
by coacher
Sat Mar 14, 2015 10:26 am
Forum: Personal Investments
Topic: Heavy 401K Contributor? Read Your Custodian's Fine Print
Replies: 4
Views: 1021

Heavy 401K Contributor? Read Your Custodian's Fine Print

Friend of mine (age 56) called me yesterday a bit distraught over a check he received from his 401K custodian (Fidelity) of a return for excess contributions to his plan during 2014 with both Fed (10%) and State tax withheld, advising him that he'd be receiving a 2015 1099-R for this ordinary income...
by coacher
Sun Mar 08, 2015 5:57 pm
Forum: Personal Consumer Issues
Topic: [Where's] a Family to Live in New York?
Replies: 22
Views: 4496

Re: [Where's] a Family to Live in New York?

Cousin of mine lived in Ridgewood (NJ - good schools) and commuted to Tarrytown. You need to work off hours else the Tappan Zee traffic can get difficult (especially between 5:30-6:30 PM); otherwise it was a good solution for her family.
by coacher
Sun Mar 01, 2015 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone ever voluntarily downsized their job?
Replies: 32
Views: 5360

Re: Has anyone ever voluntarily downsized their job?

Did it two years ago as a result of refusing a promotion that would have necessitated a move to another state; this resulted a mutually agreed upon "demotion" that cut my compensation by 20% but also most of my management responsibilities. Since that time I have enjoyed my job and realized life/work...