Search found 254 matches

by nodenuff2
Fri Aug 21, 2015 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: A bed time story for a RBD
Replies: 4
Views: 827

Re: A bed time story for a RBD

For AAA RBD= Really Bad Day. That is from Livesoft I just used it. Time in the market not timing the market.
by nodenuff2
Fri Aug 21, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: A bed time story for a RBD
Replies: 4
Views: 827

A bed time story for a RBD

Once upon a time a long long time (1985-86) a young investor shielded some income from the tax man in a IRA. He put in 2k that year and 2k the next. He never made another investment. He braved the crash in '87. He stayed the course in 2000. He stayed committed through 2006-09. Just kept believing in...
by nodenuff2
Thu Aug 13, 2015 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: structured settlement for minor in car accident
Replies: 9
Views: 1087

Re: structured settlement for minor in car accident

I doubt the court will permit you to sell the annuity for the child . The court has a duty to protect the child's interest in this matter. Put it in some investment that goes sour then try to explain that to the judge.
by nodenuff2
Thu Aug 13, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6576

Re: Your First Job

Worked at a country store changing oil,washing cars,pumping gas. I was 14 . Taught me a lot but most of all t taught me to not be afraid of hard work. Stayed there for 2 years.
by nodenuff2
Wed Aug 12, 2015 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: structured settlement for minor in car accident
Replies: 9
Views: 1087

Re: structured settlement for minor in car accident

The system has been set up,because too many parents converted the money to their own use and the child never got a penny. The court wants to be sure the money is invested for the child's benefit. Compare the 5k to the benefits inthestructured settlement. Then you can determine the return the insuran...
by nodenuff2
Wed Aug 12, 2015 5:18 pm
Forum: Personal Consumer Issues
Topic: Architectural Shingles VS Metal Roof
Replies: 30
Views: 2126

Re: Architectural Shingles VS Metal Roof

Be careful with a metal roof. They are not maintaince free. Screws will blackout and get loose over time. Neoprene washers under the screws will harden and rot from the heat. In the southeast the paint will fade. Personally I would prefer the architect shingles.
by nodenuff2
Sun Aug 09, 2015 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Former Housemate Owes Money - What to do?
Replies: 97
Views: 6127

Re: Former Housemate Owes Money - What to do?

Turn the other cheek.
by nodenuff2
Sat Aug 08, 2015 3:53 pm
Forum: Investing - Theory, News & General
Topic: What Did You Do In The 2008/2009 Stock Market Crash?
Replies: 51
Views: 3662

Re: What Did You Do In The 2008/2009 Stock Market Crash?

At the lowest point we had lost about 50% and at 58 I was really in the dumps. But because I was blessed with a defined benefit plan I simply kept pouring money into equity funds. It took a long time but the funds came back. We retired at 64 with adequate savings.
by nodenuff2
Thu Aug 06, 2015 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover Pension Funds into Vanguard IRA Question
Replies: 9
Views: 570

Re: Rollover Pension Funds into Vanguard IRA Question

Choosing number 3 gets my vote. Save and let it grow. Use it as part of your bond fund.
by nodenuff2
Thu Aug 06, 2015 10:15 am
Forum: Personal Consumer Issues
Topic: Alaska Cruise - Saving Money On Shore Excursions
Replies: 25
Views: 2024

Re: Alaska Cruise - Saving Money On Shore Excursions

Left from Vancouver late May had a great time . Your time is early for salmon one thought would be to fish for halibut instead. Early May is not prime time for salmon.
by nodenuff2
Mon Aug 03, 2015 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Partial lump sum payment or standard annuity
Replies: 34
Views: 1439

Re: Partial lump sum payment or standard annuity

You certainly could not invest the 60,000 and expect to withdraw 500 a month for life. How much do you need each month in retirement? Looks to me to be a no brainier to take the annuity. Perhaps the advisor is simply trying to get you to take the lumps so he can invest it for you. What are your expe...
by nodenuff2
Thu Jul 23, 2015 10:14 pm
Forum: Personal Consumer Issues
Topic: Claiming diminished value on car accident
Replies: 19
Views: 2174

Re: Claiming diminished value on car accident

Establishing the amount of the loss of value from the accident is the issue. In your case it might not be worth the hassle as that would probably need to be discussed with the other guy's insurance . Talk to your own adjuster to see what is needed to document your loss.
by nodenuff2
Sun Jul 19, 2015 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Why did you take SS at FRA instead of delaying until 70?
Replies: 69
Views: 8085

Re: Why did you take SS at FRA instead of delaying until 70?

I started at 64. Wife started at 62. Why? 1. Cash flow worked better. 2. We wanted to maximize what we are leaving to our heirs ( hopefully 2 generational at least).3 Once started our government has a hard time in reducing benefits. 4. Pension and our SS covers our monthly expenses so we have some p...
by nodenuff2
Sat Jul 11, 2015 8:44 pm
Forum: Investing - Theory, News & General
Topic: Intermediate Treasury Bond Fund
Replies: 16
Views: 2387

Re: Intermediate Treasury Bond Fund

.733 % of my bond funds are U.S. Treasuries close enough to Jack for me.
by nodenuff2
Wed Jun 24, 2015 6:42 pm
Forum: Personal Consumer Issues
Topic: What happens if new cars are hailed on in dealer's lot?
Replies: 16
Views: 2611

Re: What happens if new cars are hailed on in dealer's lot?

This event is a gold mine for new car dealers. Insurance co. pays big money they discount the cars to about wholesale and make out like bandits.
by nodenuff2
Wed Jun 24, 2015 6:07 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 278
Views: 28726

Re: What ratio are you stocks/bonds and how old are you?

Today I am 48.6 stocks 36.3 bonds 15.1 cash. Age is 65.
by nodenuff2
Wed Jun 10, 2015 8:35 pm
Forum: Personal Consumer Issues
Topic: Banff & Jasper with 1.5-yr old daughter.
Replies: 24
Views: 3637

Re: Banff & Jasper with 1.5-yr old daughter.

Drive from Banff to Jasper either early or late to see the most wildlife.
by nodenuff2
Mon Jun 08, 2015 4:07 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2014!
Replies: 295
Views: 37466

Re: Roll Call for the Retirement Class of 2014!

Just returned from crossing a big one off my bucket list. 2 weeks in Alaska one on a cruise ship and one on land. Promised the wife last year but could never work out the time. Now back to the grind of doing exactly what I want to do well mostly anyway wife does have some input! Retirement is all I ...
by nodenuff2
Mon Jun 08, 2015 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Your Home Equity / Net Worth Ratio?
Replies: 119
Views: 8459

Re: Your Home Equity / Net Worth Ratio?

1. 15%.
2. No
by nodenuff2
Mon May 18, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: auto insurance limits for property damage & personal injury protection
Replies: 4
Views: 462

Re: auto insurance limits for property damage & personal injury protection

Property damage coverage is not for you but to cover your liability to others. Physical damage to your vehicle is called collision and other than collision coverage in most policies. Do your Um limits stack in MN. I am not familiar with that states UM laws? If so then your coverage is adequate .
by nodenuff2
Mon May 18, 2015 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: auto insurance limits for property damage & personal injury protection
Replies: 4
Views: 462

Re: auto insurance limits for property damage & personal injury protection

Yes the umbrella policy will pick up where the 100k property damage limits out. The pip question is harder but with skyrocketing medical costs I would recommend you stack that coverage. Local er visit with back complaint can be 10k with no real injury. Just imagine what a serious injury could cost. ...
by nodenuff2
Thu May 14, 2015 9:42 pm
Forum: Investing - Theory, News & General
Topic: Your Safety Net
Replies: 31
Views: 4270

Re: Your Safety Net

I left 5 years worth of withdrawals in my old 401k everything else (ok most everything else) to Vanguard where it's invested until I need it. Dividends and interest are replacing 2/3 of what I am withdrawing from the 401k. As my hero said more than 1 road to Dublin.
by nodenuff2
Thu May 14, 2015 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Claims - Disclosing Liability Amount
Replies: 8
Views: 773

Re: Auto Insurance Claims - Disclosing Liability Amount

Don't let them pay out your limit without getting you a signed release.
by nodenuff2
Thu May 14, 2015 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Am I a Millionaire???
Replies: 53
Views: 7003

Re: Am I a Millionaire???

Most would say that your net worth is now over 1m but most financial companies are looking for those with 1m in investable assests to be a millionaire . Don't worry just keep your nose to the grindstone you will get there.
by nodenuff2
Thu May 14, 2015 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Claims - Disclosing Liability Amount
Replies: 8
Views: 773

Re: Auto Insurance Claims - Disclosing Liability Amount

Often this is discoverable in litigation( almost always). It is also required in some states like Fla. If the injuries are serious this will often help work through UM issues. Not really a big deal but a cause for concern. Did you question the adjuster as to why he felt he needed to disclose?
by nodenuff2
Thu May 14, 2015 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need umbrella coverage?
Replies: 15
Views: 2243

Re: Do I need umbrella coverage?

Just a comment from an old claims manager (retired). If you can tell me what is going to happen to you in the future that might create a liability I can advise you on whether to buy an umbrella policy or not. Do you hunt? Do you ski? Own a boat? Bad car accident? If you can't it is the best buy in t...
by nodenuff2
Thu May 14, 2015 8:19 am
Forum: Investing - Help with Personal Investments
Topic: How much in cash?
Replies: 35
Views: 3806

Re: How much in cash?

Vanguard tells me I am right at 15 % in cash at the moment. Why ? I need my sleep!
by nodenuff2
Wed May 13, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Share the life lessons that you learned in your 30's.
Replies: 27
Views: 2978

Re: Share the life lessons that you learned in your 30's.

Nodenuff2 learned the hard way that he was not financially or mentally equipped to trade commodities. At the start I was sure I was smarter than the other traders in the end I learned margin calls are not for the faint of heart. Oh that I had put that money into a S&P mutual fund . Well my wife ...
by nodenuff2
Mon May 04, 2015 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Retirement Options......
Replies: 15
Views: 1702

Re: Help with Retirement Options......

After much deliberation 14 months ago I elected a split of 60 % lump sum and 40 % annuity with amount staying the same as long as either was alive.I had a health issue likely to shorten my life and wanted my wife taken care of . This was the toughest decision I made during my working years. No do ov...
by nodenuff2
Sat Mar 21, 2015 4:29 pm
Forum: Investing - Theory, News & General
Topic: The one area I disagree with Jack
Replies: 93
Views: 8805

Re: The one area I disagree with Jack

Retired 65 with both pension and SS . Currently @ 47% in stocks. 50-60 is about all I personaly sleep well with. My pockets are not as deep as Mr. Bogle but I dorespect his opinions.
by nodenuff2
Tue Mar 17, 2015 10:16 pm
Forum: Investing - Theory, News & General
Topic: Five most important things to be a successful investor?
Replies: 38
Views: 4859

Re: Five most important things to be a successful investor?

1.Live below your means. 2. Pay your retired self first . 3. Allocate your assets so you can live with the results. 4. There is no free lunch if it is too good to be true run from it 5. Be generous with your assets give some away to those less fortunate .
by nodenuff2
Thu Mar 12, 2015 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus received. But its not what was agreed upon. Advice?
Replies: 61
Views: 6069

Re: Bonus received. But its not what was agreed upon. Advi

Your immaturity is showing again! You need to be more team oriented and less about Me me me. Put all your efforts either in fixing your issues or seeking new employment. Your manager was/is very patient with you. I would have been less so . You will probably here from this again.
by nodenuff2
Wed Mar 04, 2015 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: What is your credit score?
Replies: 63
Views: 8513

Re: What is your credit score?

DW says it is 850. Don't know and don't care.
by nodenuff2
Mon Mar 02, 2015 1:50 pm
Forum: Personal Consumer Issues
Topic: Retiree Poll: Satisfaction with retirement
Replies: 53
Views: 4638

Re: Retiree Poll: Satisfaction with retirement

Could not be more happy in retirement.
by nodenuff2
Tue Feb 24, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 15863

Re: How much did you have saved up for retirement at age 30?

We might have had 2k in the value of our pension and a growing equity in our home. Real savings started 2 years later with the start of company 401k. Year was 1972. Turned out well now I am just an average Boglehead.
by nodenuff2
Mon Feb 23, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Buy and Hold Forever Stocks
Replies: 101
Views: 10263

Re: Buy and Hold Forever Stocks

I hold Brk-b because of the respect I have for Mr. Buffet . I hold C to remind me that I am no stock ( barely breaking even after 5 years)picker. Both are less than 2% of my.investments.
by nodenuff2
Mon Jan 26, 2015 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Understanding Umbrella vs Auto Lawyers
Replies: 16
Views: 2007

Re: Understanding Umbrella vs Auto Lawyers

Agents sell insurance ans collect a commission for doing so. Higher the premium more commission . Most folks not Bogleheads want just enough to be legal. If you will tell me what kind of accident you are going to have then they can have you covered for that when it happens. Of course you can't tell ...
by nodenuff2
Tue Jan 20, 2015 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Decision time- lump sum vs pension
Replies: 12
Views: 1264

Re: Decision time- lump sum vs pension

Why delay SS? If you die soon that money is lost! I would take the pension . With your other assets you will more than keep ahead of inflation rates. Are you considering Roth conversions?
by nodenuff2
Tue Jan 20, 2015 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Understanding Umbrella vs Auto Lawyers
Replies: 16
Views: 2007

Re: Understanding Umbrella vs Auto Lawyers

Worked in this area for most of my years employed by the insurance company. For most of my career plaintiff attorneys never went after personal assets then lawyers started suing lawyers for not doing due diligence about personal net worth and it got more common to see them pursue defendants personal...
by nodenuff2
Mon Jan 19, 2015 11:48 pm
Forum: Investing - Theory, News & General
Topic: Let's Celebrate! Which funds are you buying in 2015?
Replies: 48
Views: 4086

Re: Let's Celebrate! Which funds are you buying in 2015?

Vanguard CFP advised to quit holding all that cash so I guess I need more bonds. Can't pull the trigger just yet.
by nodenuff2
Mon Jan 19, 2015 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: What price are you planning to pay for your next car?
Replies: 91
Views: 7770

Re: What price are you planning to pay for your next car?

My current vehicle is a 3/4ton desiel pickup 2000 model I fear my next one will be most unboglehead thing I have ever done. Ugh over 50k I expect.
by nodenuff2
Sat Jan 17, 2015 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: A quick poll--pension annuity vs. lump sum
Replies: 62
Views: 4748

Re: A quick poll--pension annuity vs. lump sum

I had the ooprtunity to split mine. I took 40%" in an annuity that built a good floor with our SS's it covers our basic needs. Rolled the other with my 401k into Vanguard. Very happy with the decision.
by nodenuff2
Tue Jan 13, 2015 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Investment Help
Replies: 13
Views: 1246

Re: 401K Investment Help

Is your wife a stay home mom ? There is no mention of any investments for her. Both of your investments should be considered in asset allocation. Is there a pension involved ? Even so 6% plus 3% company match will not fulfill your needs at retirement. I would save 6% to get the match in the traditio...
by nodenuff2
Fri Jan 09, 2015 3:30 pm
Forum: Personal Consumer Issues
Topic: A Short Survey for Retirees
Replies: 75
Views: 6741

Re: A Short Survey for Retirees

Worked 42 years retired almost 12 months . Can hardly believe how easy the transition has been. No money issues , no dreams about work , job was stressful but had hired folks to ease that issue. Biggest difference is in auto expenses ,gas ,diesel . Had a company car for the 42 yars. Took it for gran...
by nodenuff2
Fri Jan 02, 2015 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Survey, 2015 Edition
Replies: 136
Views: 28365

Re: Net Worth Survey, 2015 Edition

Man do I feel blessed to be an average 65 Boglehead . Blessed not boastful. Give until you are grinning when you think about it. Thanks for all here you give of themselves to assist others (ME) . This is one of your ministries in life.
by nodenuff2
Thu Jan 01, 2015 4:23 pm
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEAD CONTEST REGISTRATION
Replies: 556
Views: 23556

Re: 2015 BOGLEHEAD CONTEST REGISTRATION

2235.46 best of luck to all!
by nodenuff2
Thu Jan 01, 2015 4:14 pm
Forum: Investing - Theory, News & General
Topic: 2014 BOGLEHEAD CONTEST WINNER
Replies: 23
Views: 2760

Re: 2014 BOGLEHEAD CONTEST WINNER

Congratulations to you financial Dave . Where did you place in 2013? Went from 124 in 2013 to 44 in 2014 my guess for this year is 2235.46
by nodenuff2
Thu Jan 01, 2015 4:05 pm
Forum: Personal Consumer Issues
Topic: What did you enjoy spending money on this year?
Replies: 92
Views: 6731

Re: What did you enjoy spending money on this year?

1. Helped a struggling. Church 2. Helped a lady who lost her home. Gave money to our grown children Took my only grandson hunting watched him harvest his first deer and shoot his first quail.
by nodenuff2
Mon Dec 29, 2014 11:58 am
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 116
Views: 13952

Re: What would you have done differently when retiring?

I saved all my funds in tax advantaged accounts. Should have saved some in taxable and converted some to Roth when they became available. Oh well we have more than enough. Pay close attention to your health worth more than all the funds.

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