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re: Starting a Non Profit - tom1987
[quote]Gentle suggestion: start working to support the existing orgs in the rural area, whether through direct giving, grant writing, or convincing others to give. Are you serving on boards of orgs in this underserved locale already?[/quote] I am on the board of two orgs who are serving this area. ...
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re: Starting a Non Profit - tom1987
Hungryone, Thanks for the valuable feedback. I currently serve on the board of 2 non-profits, so I have some experience seeing "how the sausage is made". I've done some homework in identifying a void to fill, but there are also existing small organization who are underfunded. One of the things I'd l...
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Starting a Non Profit - tom1987
I plan on retiring in about 5 years. For the past 15 years or so I have spent considerable time volunteering in an impoverished area of Alabama. One of the things that I want to do with my time in retirement is spend more time helping that community. I'm considering starting a non-profit now and r...
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re: If rumored 10 game in conference season happens, sounds like we add SCAR and MIZZOU - tom1987
[quote]Sounds like a year in which we would find some bananas way to go undefeated. Only then the second wave hits in mid December and the season is canned[/quote] This would be the most Auburn thing ever...
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re: Purchasing a vacation home with pension money - tom1987
Thanks everyone for your input. After the conversation with my friend, it sounded like a pretty simple concept. It obviously is not. ...
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re: Purchasing a vacation home with pension money - tom1987
[quote]quote: Current pension value: $420,000 lump sum, or $1,700 month Pension value in 2030: $600,000 lump sum, or $3,000 month Where are you getting the "value" from on your defined benefit? By definition, a defined benefit only has a value what someone else is willing to pay for it.[/q...
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re: Purchasing a vacation home with pension money - tom1987
[quote] Why a vacation home?? Why not just multi-family real estate or SFR real estate?[/quote] We spend about $3,500 a year renting at the beach (for 1 week), and we've always wanted a place there. If you have a place, theoretically you would be able to use it a couple of times during the ye...
Posted on Money Talk
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re: Purchasing a vacation home with pension money - tom1987
There are a lot of responses saying this is not a good idea. I'm not a financial guy, so I was hoping for some explanation rather than "That seems like a terrible ******* idea". Tell me why. Current pension value: $420,000 lump sum, or $1,700 month Pension value in 2030: $600,000 lump sum, or $3,0...
Posted on Money Talk
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re: Purchasing a vacation home with pension money - tom1987
[quote]Is it a defined benefit pension or defined value? If it is a defined benefit pension, I don't think it will work out to his expectation. Defined value, there are some simple math rules to figure out if it is a good investment.[/quote] I'm not sure about my friend's fund, but mine is ...
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Purchasing a vacation home with pension money - tom1987
At dinner with a friend the other night and he mentioned that he was looking into transferring a pension fund to an IRA and then cashing it out to purchase a vacation home. His rationale is that the vacation home will begin producing income now, outperform the monthly pension he would get at retirem...
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re: Spring Football it is - tom1987
[quote] If given a choice, I think most CFB fans would prefer to go back to having only true, non-scholarship students playing the games rather than dealing with a lot of the politically driven BS that is currently going on.[/quote] I wish I could upvote this 1,000 times. I’ve been thinking a lo...
Posted on SEC Rant
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re: Let’s do something epic. - tom1987
[quote]The game "Corn Hole" just rubs me raw.[/quote] I’m not sure if you meant that to be funny, but it was, considering the history of corncobs as toilet paper ...
Posted on Political Talk
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re: Can we get an Auburn Alum Thread? - tom1987
‘87 Transportation (now called Supply Chain)...
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re: Cholesterol medication side effects? - tom1987
Statins usually have low side effects. If you have muscle aches, switch to pravastatin. It’s hydrophilic, where the others are lipophilic which means no muscles aches. It’s not as powerful at lowering cholesterol, but has many outcome studies showing that it reduces your risk of a heart attack. ...
Posted on O-T Lounge
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Insurance question - tom1987
I'm 55 and recently changed companies. I need to purchase supplemental life insurance, as my new company only pays a minimal amount. My question is this - If I buy term insurance, how many years do I need? My thought is to buy a 15 year term policy. I will retire at 65, and there will be no income t...
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re: Remember the time LSU set fire to Auburn’s campus - tom1987
[quote]quote: tump over the porta-let What in the frick does tump over mean?[/quote] It’s a regional term- a combination of tip and dump. Example: Don't tump over that glass of water. I’m from Birmingham and I grew up saying it. ...
Posted on SEC Rant
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re: I wish Amazon would add a new feature - tom1987
[quote]eBay does it, you can search by USA[/quote] I had no idea. That’s great to know....
Posted on Political Talk
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re: I wish Amazon would add a new feature - tom1987
I would support an “Amazon-like” website that focuses on Made in the USA products...
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I wish Amazon would add a new feature - tom1987
And allow you to filter by “country of manufacture”. It would be valuable in supporting made in USA items and avoiding unfriendly nations. ...
Posted on Political Talk
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Vic Henley passes away - tom1987
[link=(https://www.hollywoodreporter.com/amp/news/comedian-vic-henley-dies-at-57-1288949)]RIP Vic[/link] He was a good Auburn man, hilarious comedian, brilliant comedy writer, and brother of Amazin Terry Henley. Pulmonary embolism is the cause of death. Sad news. ...
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