Search found 244 matches

by nodenuff2
Mon Aug 03, 2015 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Partial lump sum payment or standard annuity
Replies: 2
Views: 102

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: 17
Views: 1665

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: 7597

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: 2325

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: 2576

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: 27882

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: 3609

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: 36997

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: 8396

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: 445

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: 445

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: 4171

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: 759

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: 6931

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: 759

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: 2202

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: 3643

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: 2950

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: 1671

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: 8631

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: 4806

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: 5840

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: 8304

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: 4589

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: 15573

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: 9983

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: 1994

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: 1253

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: 1994

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: 4053

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: 7704

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: 4666

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: 1227

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: 6674

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: 28129

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: 23110

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: 2742

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: 6684

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: 13886

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.
by nodenuff2
Mon Dec 29, 2014 11:21 am
Forum: Investing - Theory, News & General
Topic: Poll: Gain of total portfolio value from investing
Replies: 37
Views: 3622

Re: Poll: Gain of total portfolio value from investing

Hard to determine 15% of present value came from an IRA 7k investment about a 450% increase. 401k had a 100% return of amount I invested. Almost 50% came from a defined benefit that cost me nothing.
by nodenuff2
Fri Dec 26, 2014 10:17 pm
Forum: Investing - Theory, News & General
Topic: Retiree Poll:What is your current AA?
Replies: 85
Views: 7642

Re: Retiree Poll:What is your current AA?

42% Stocks 30% Bonds 28 % Cash
by nodenuff2
Tue Oct 21, 2014 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: How fulfilling is your retirement?
Replies: 34
Views: 3252

Re: POLL: How fulfilling is your retirement?

Great time not 1 regret.
by nodenuff2
Mon Sep 15, 2014 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Help with a large business decision [capital expenditure]
Replies: 36
Views: 1566

Re: Help with a large business decision

Stay the course until the 500k is not such a big deal. Wait 2 years bank another million or so then make the investment so what if the cost is then 600 k,
by nodenuff2
Wed Jul 30, 2014 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Selling private bank stock, experiences or tips?
Replies: 10
Views: 1066

Re: Selling private bank stock, experiences or tips?

I sold some inherited back stock through the local bank. it was an arranged sale to an interested party just before the financial meltdown ..... Blind squirrel finds acorn
by nodenuff2
Wed Jul 23, 2014 9:06 pm
Forum: Personal Consumer Issues
Topic: Trip to OKC, what attractions to visit
Replies: 24
Views: 1012

Re: Trip to OKC, what attractions to visit

If you stay downtown eat at Red's try the flash fried spinach with your steak. Take in a ball game and eat at Mickey Mantle's place.
by nodenuff2
Fri Jul 18, 2014 8:37 am
Forum: Personal Consumer Issues
Topic: If you own a car, do you have a car payment?
Replies: 112
Views: 8476

Re: If you own a car, do you have a car payment?

My wife just bought a vehicle we were prepared to write a check for it but after making the deal we were offered the 0% financing .With reluctance I agreed to it but not the 60 months much shorter time wise .
by nodenuff2
Sat Jul 12, 2014 6:10 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on your hobby annually?
Replies: 77
Views: 8116

Re: How much do you spend on your hobby annually?

Confession time. My wife and I love horses we spend a lot on this hobby. Wife pays all horse related expenses so I will not know exactly what we spend but my estimate is 18- 20k I know there is no logical way to justify this amount but we worked hard during the accumulation phase and it our money. I...
by nodenuff2
Mon Jun 23, 2014 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Any benefit of having both Traditional and Roth accounts?
Replies: 14
Views: 1885

Re: Any benefit of having both Traditional and Roth accounts

One of my mistakes was putting all retirement funds in my 401k. It was not until the last few years that my old company offered the Roth option. Ira or Roth does not matter but you will be glad you did in retirement when you need that new roof,new car, second home and can do so with after tax dollar...
by nodenuff2
Sun Jun 22, 2014 3:01 pm
Forum: Personal Consumer Issues
Topic: Wind blew off shingles, now roof is leaking!
Replies: 27
Views: 1559

Re: Wind blew off shingles, now roof is leaking!

Call your agent with your problem. Ask them to revisit your original claim. Talk in person with the adjuster.explain that you are not asking to be paid for the roof again but the additional damage .4 months is not too long to get a roof REPAIRED just 1 slope as to replacing the entire roof. If there...

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