Search found 275 matches

by nodenuff2
Wed May 18, 2016 4:45 pm
Forum: Personal Consumer Issues
Topic: Did your children ever completely move out?
Replies: 53
Views: 3731

Re: Did your children ever completely move out?

Just the opposite they continue to bring their too good to discard stuff from their houses to ours where it is stored in the gigantic attic storage space. It is ok with me though as we intend to die in this house then it will be their problem. HEHEHE! I'll get even with the little pack rats.
by nodenuff2
Thu May 12, 2016 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: What was your hardest retirement transition?
Replies: 61
Views: 8859

Re: What was your hardest retirement transition?

Simple there were 2 issues 1. Giving up the company credit card. 2. Turning in the keys to the company car provided to me for all 42 years I worked for the man. No it was not the same car .
by nodenuff2
Wed May 11, 2016 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a good idea?
Replies: 5
Views: 802

Re: Trade US note fore TBF?

The note is a US Treasury note with 7.5 remaining. It represents about 25% of my total fixed income.
by nodenuff2
Wed May 11, 2016 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Is this a good idea?
Replies: 5
Views: 802

Is this a good idea?

So I have this 10 year note that is about 02.5 years old pays 2.75. I could sell it and net about 9% more than face value then roll it into. My total bond fund. Is it worth the trouble or just let it ride?
by nodenuff2
Tue May 10, 2016 4:58 pm
Forum: Personal Consumer Issues
Topic: Keep Twins in Same Class for Kindergarten?
Replies: 41
Views: 4164

Re: Keep Twins in Same Class for Kindergarten?

If there are any issues at home of one "bossing" the other twin or always forcing their will on the other then I think both would benefit from the separation .
by nodenuff2
Thu Apr 21, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: How To Stay Motivated in Employment When You Might Have Enough?
Replies: 71
Views: 8736

Re: How To Stay Motivated in Employment When You Might Have Enough?

At 62 I had enough but was not quite ready and wanted to be sure. Stayed 2 more years and was sure I was ready. One day the bs was more than I wanted to stand. You will know when you are ready. Doesn't sound like you are yet.
by nodenuff2
Thu Apr 14, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 94
Views: 10918

Re: When was the most stressful financial time in your life?

It was a long time ago but I recall it vividly . 1974 married 2 years 1 child. Somehow managed to convince a lender I was a good enough risk to borrow 35k for our first house .Problem was payment was 318.00 month. Take home was 275 twice a month. Plus a 98.00 National guard check. Had to put the gua...
by nodenuff2
Sat Mar 19, 2016 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: pension choices for spouse and self
Replies: 17
Views: 1696

Re: pension choices for spouse and self

So for giving up 237.00 each month one of you will collect her retirement until both of you are dead. That looks like an easy answer for me. Take the option 2. That plus the higher wager eaner's SS creates a floor income for as long as one of you lives. That is quite the basis for a secure retirement.
by nodenuff2
Sun Feb 07, 2016 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: What happens when car accident claim exceeds insurance limits?
Replies: 52
Views: 4605

Re: What happens when car accident claim exceeds insurance limits?

I worked in insurance claims management for over 30 years. When you determine the adjuster assigned to this claim write him a letter stating your concern that the claim has more value than you have coverage. Ask him not to make any injUry payments unless the third party executes a release in your fa...
by nodenuff2
Thu Feb 04, 2016 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Started new job - what to do with my old 401k?
Replies: 6
Views: 583

Re: Started new job - what to do with my old 401k?

If you put it in a Roth you will owe taxes on what you convert. Can you pay that tax from other sources? If not I would move it to Vangard IRA in a 3 fund portfolio. Then I would put enough in the new 401k to max the match after that from current income max out the Roth. Start reading here to learn ...
by nodenuff2
Thu Feb 04, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: My Megacorp offered a pension lump sum option today...
Replies: 87
Views: 9269

Re: My Megacorp offered a pension buyout today...

Your calculation as to the value of the 3077 monthly pension is spot on from when I retired 2 years ago. Each 1000. Of pension was worth 220k in a lump sum . We could take any percentage as lump or monthly income. I took a combo after figuring what my monthly expenses would be less SS very happy wit...
by nodenuff2
Sun Jan 17, 2016 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Any here invested in individual stocks?
Replies: 36
Views: 2655

Re: Any here invested in individual stocks?

We have a small amount in Brk-b in a taxable account and some C in an Ira. We keep the C to remind me not to buy individual stocks . I am a visual learner and shake my head at how stupid I was before coming here.
by nodenuff2
Sun Jan 17, 2016 2:50 pm
Forum: Investing - Theory, News & General
Topic: Really bad day?
Replies: 24
Views: 4473

Re: Really bad day?

In 1987 I was taking an economics course from a college professor for a professional designation. Lost about 25k that day but just hunkered down and kept buying every two weeks. Man that night we had some wild discussion. By the end of the year I had recovered. Some never did. Sold and went to CD's ...
by nodenuff2
Sun Dec 20, 2015 5:23 pm
Forum: Personal Consumer Issues
Topic: How long do used cars typically last?
Replies: 53
Views: 4233

Re: How long do used cars typically last?

My 2000 F250 has 233000 miles on it . Yes I have spent some money maintaining it but the Cost to replace it is so high it I hope it lasts another 100000. Maintaince so far transmission 2k , front end work 2k and other smaller repairs but I would drive it anywhere.
by nodenuff2
Fri Dec 18, 2015 9:43 am
Forum: Personal Finance (Not Investing)
Topic: spending (which asset(s) to tap first)
Replies: 10
Views: 1088

Re: spending (which asset(s) to tap first)

I would draw from 401k and Tira's first. This saves the taxable for big ticket items in retirement like cars,new roof for house and othe unexpected large cash outlays.
by nodenuff2
Mon Nov 09, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do? (Personal/Family financial situation)
Replies: 55
Views: 5160

Re: What would you do? (Personal/Family financial situation)

1.no doubt there are a lot of family dynamics at work here. You are to be commended for following your mothers wishes. She Kept meticoulus records so I would be guided by them first. 2. You must have some doubt to be posting this question so you should meditate/pray then follow your heart.3. Persona...
by nodenuff2
Sun Oct 25, 2015 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Son had [bicycle] accident [- how to handle claim against him]
Replies: 68
Views: 6000

Re: Son had [bicycle] accident [- how to handle claim against him]

The car owner must have had collision insurance on the vehicle and submitted a claim to his carrier who is now seeking reimbursement for the damage including the car owners deductible. After verifying the damage is accurate I would offer to make monthly payments or a discounted amount to resolve thi...
by nodenuff2
Sat Oct 24, 2015 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Injury Claim for a Car Accident
Replies: 22
Views: 1971

Re: Personal Injury Claim for a Car Accident

I managed claims like this for a long time if you are reluctant to hire counsel then you should determine from your doctor if you have any permanent disability for the injury. If so how much to the body as a whole. Next you will need to know if it is a liberal or conservative venue. What are the lim...
by nodenuff2
Tue Oct 06, 2015 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $75k
Replies: 5
Views: 776

Re: What to do with $75k

Put in something very safe unless you will not need all of it. Then I would put only half of that into 3 fund portfolio. There are many incidental expenses with a hoe purchase. Drapes, more furniture etc.
by nodenuff2
Wed Sep 16, 2015 9:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 1623
Views: 339174

Re: What Movie Have You Recently Watched?

War Room best movie to come out ofHollywood in a long time!
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: 922

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: 922

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: 1304

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: 8218

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: 1304

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: 2642

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: 6938

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: 4623

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: 740

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: 2191

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: 1737

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 after car accident (CA State)
Replies: 33
Views: 6011

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: 8700

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: 2658

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: 2762

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: 31863

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: 3945

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: 352
Views: 50551

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: 9303

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: 578

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: 578

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: 4661

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: 938

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: 7671

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: 938

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: 2529

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: 4474

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: 3260

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: 1829

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...

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