David Lancaster

Comments

• “A mental frame of reference like the 3 Bucket Strategy, can help us fight off these doubts, and maintain our mental discipline.” The bucket strategy, knowing I have 2 years of cash and 8 of variety of bonds is allowing me to sleep well at night.

  Post: Three bucket strategy for financing retirement

  Link to comment from April 22, 2025

• “My major worry about taxes is that unneeded complexity of our tax system could cause system failure.” My major worry about taxes is that a lack of employees and brain drain at the IRS WILL cause system failure.

  Post: TCJA – what to keep, what to toss

  Link to comment from April 22, 2025

• Thanks for the support Marjorie 🙂

  Post: Lesson Five From Taking Care of a 102 yo in Her Last Year of Life- Politics and the News Has the Potential to Ruin Relationships

  Link to comment from April 20, 2025

• All the talk below is a great lesson in why people should no longer invest new money in mutual funds in their brokerage accounts. Because of how ETFs are structured they have little to no capital gains to be taxed annually. I’ve read explanations of the concept of their structuring, but can’t wrap my head around it.

  Post: The great uninformed and misinformed population worries Quinn

  Link to comment from April 20, 2025

• I don’t consider myself an idiot, just a newsaholoic. As a matter of fact after my mother in law passed I asked my brother in law who taught AP history at American schools in Europe (also not an idiot) to recommend two books describing the lead up to the writing of the Declaration of Independence and the US Constitution. He recommended two Richard R Beeman books; Our Lives, Our Fortunes, and Our Scared Honor for the declaration, and Plain, Honest Men; The Making of the US Constitution. I wanted to reacquaint myself with how, and the reasons why the founding fathers formed the government as they did to make sure I didn’t misinterpret what I learned in high school. Turns out my memory is pretty good too. By the way, happy sesquicentennial of the Battles of Lexington and Concord yesterday. Those historic events happened about 1 1/2 hours from my house. I highly recommend visiting if you’re in the area.

  Post: Lesson Five From Taking Care of a 102 yo in Her Last Year of Life- Politics and the News Has the Potential to Ruin Relationships

  Link to comment from April 20, 2025

• One of my daughter’s best friends, and a bridesmaid underwent a double lung transplant in 2012 due to cystic fibrosis. She obviously had very little time left if she did not undergo the procedure. Since the surgery she was married, then divorced, and has spent a fair amount of time both driving halfway across the country for care at the surgical facility, and in the hospital for complications. Are these all unfortunate events? Yes, but unfortunate events are part of everyone’s lives. She is glad to be alive, and is looking forward to her next transplant as her first replacement pair are failing.

  Post: Screw politics, let’s talk health! Are all surgeries necessary or have we become the college tuition bank for the Doc’s children?

  Link to comment from April 19, 2025

• Very well said as usual Ed.

  Post: Screw politics, let’s talk health! Are all surgeries necessary or have we become the college tuition bank for the Doc’s children?

  Link to comment from April 19, 2025

• Either Socrates or Aristotle is credited with the quote, Know thyself”. Obviously you do Ken, as did I. Early in my career I was appointed, without my input, as a director of a small outpatient physical therapy department in a physician owned practice that was just getting started. I was supposed to be a staff PT, but the director left before I arrived. We were growing exponentially and were always short of staff, equipment, and eventually space. I never wanted the position, or the stress, I always wanted to be responsible for MY work ONLY. I resigned after about two years and gladly spent the rest of my career as an Indian, not a chief.

  Post: Ask Me a Tough One by Jonathan Clements

  Link to comment from April 18, 2025

• Bill this is an excellent explanation of why I only buy only mutual funds/ETFs.

  Post: Fishing for Feedback

  Link to comment from April 18, 2025

• As a retired orthopedic Physical Therapist I can tell you that the McKenzie treatment program was one of the two best new treatment techniques I learned in thirty years of continuing education courses. Ironically McKenzie discovered the treatment method purely by accident in 1956. Here is the story per McKenzie by his institute’s website, the patient came in complaining of, “pain to the right of the low back, extending into the buttock and thigh to the knee, had undergone treatment for three weeks without improvement. He could bend forwards, but could not bend backwards. I told him to undress and lie face down on the treatment table, the end of which had been raised for a previous patient. Without adjusting the table, and unnoticed by any of the clinical staff, he lay face down with his back overstretched for some five minutes. After some time, when I entered the room I was aghast to find him lying in what at that time was considered to be a most damaging position. On enquiring as to his welfare, I was astounded to hear him say that this was the best he had been in three weeks. All pain had disappeared from his leg. Furthermore, the pain in the back had moved from the right side to the centre. In addition, his restricted range of extension had markedly improved. After standing upright, the patient remained improved with no recurrence of leg pain.”

  Post: Screw politics, let’s talk health! Are all surgeries necessary or have we become the college tuition bank for the Doc’s children?

  Link to comment from April 18, 2025