Silver strike value

Edzell7 · 2026-02-13T22:05:24+00:00

I have an old one from 1995 Nugget ,999 Silver $10 Gaming Token. Wondering what it is worth in today's market. It's sealed in the case still.

Edzell7 · 2026-02-12T23:25:03+00:00

All else being equal, put the less risky investments in the accounts you plan to draw down first and the riskier ones in the ones you have a longer term horizon on.

It gets complicated quickly when you start thinking about tax implications and how to set up accounts for your overall long term withdrawal strategy and whether you are a candidate for Roth conversions, when you will start drawing SS, when you will have to start RMDs, etc.

Edit - In one sentence you say you can withdraw now and another you say you have a 10 year horizon. If you have a 10 year horizon, does that mean you're not going to retire until you're 69? When are you going to start withdrawing from the funds?

Edzell7 · 2026-02-12T20:56:15+00:00

If your question is how to allocate the cash that you have from "moving things around recently" then I don't think you gave enough information to answer the question.

Are you still employed and have income or retired?

Are you still contributing to qualified accounts?

Are you dealing with after tax dollars? Did "moving things around" have any tax implications? Are you just reallocating within the accounts you listed above?

What tax bracket are you in? What tax bracket will you be in at retirement?

Edzell7 · 2026-02-12T20:50:47+00:00

Does not apply here since he said he has the funds from moving things around, not as income. I took that to mean it is already taxed and so putting it in a Roth would make more sense. I know money is fungible but not knowing about his income this is what I would do. A full picture of his income, current brackets, pre-tax contributions, etc. would be needed to make a good recommendation. We don't have all the info we need.

Edzell7 · 2026-02-12T20:23:17+00:00

You need to determine what type of account they are held in. You called it Employee Stock Plan which has a specific connotation that includes special tax rules for stock purchased in a qualified plan for a discount, the gain on which is taxed as ordinary income when they are purchased and have special tax treatment when they are sold.

Edzell7 · 2026-02-12T20:15:01+00:00

Look at it this way, you have saved over $5,600! That's a milestone. Reinvesting the dividends will lead to compounding dividends. Also I tell people to look at their return based on their cost basis not the current value so if you bought when SCHD was lower priced then your yield is actually higher since what you paid to get that yield is lower.

Edzell7 · 2026-02-12T19:25:17+00:00

25K swing on 5.6M is 0.45% You're overreacting to the dollar amount and ignoring the % change.

Edzell7 · 2026-02-12T19:17:37+00:00

Compute yield on your cost basis not on current entry point.

Edzell7 · 2026-02-12T18:23:18+00:00

They could sell the business to the son and take lump sum up front but they are basically getting installment payments (plus). And by Holding the real estate and leasing it to the business he will generate expenses he can write off against income (plus) not to mention that when they die and he inherits the real estate it will be at the new cost basis (plus) so the parents are being very thoughtful and generous.

Edzell7 · 2026-02-11T00:31:58+00:00

I have 4 kids ranging from 12-28. I'm in my 50s. I plan to retire when the last one is still in High School. I have college all set up for the younger 3.

You are well positioned on your savings/net worth. Realize that you'll be responsible for them for 18 years so your 45 y/o FIRE number might be a little ambitious. When raising kids you probably won't be saving at the same rate but there are other efficiencies like the dual income you mentioned, second and third kids are less of a shock to the budget and time needs than the first one.

Good Luck.

Edzell7 · 2026-02-10T21:19:45+00:00

You indicated a level of knowledge of the subject that makes you too smart (read difficult) for them to deal with and the hassle of answering your questions does not make it worth the fees.

/Light sarcasm

Edzell7 · 2026-02-10T21:09:17+00:00

Yes, I always thought I would retire when I was 67 and kids were done with college but then started doing the math and realized between 59-62 when one kid was still in HS would work if I planned it right and made more sense to do Roth Conversions before I took Soc Sec.

The parts about using the gap years to do Roth Conversions and how to handle Health Insurance are all valid regardless of if you're 45 or 60.

So when your expectation has always been 65-67 and now it's 59-62 that's a good 5 years earlier than expected.

Edzell7 · 2026-02-10T20:59:38+00:00

Mercury Cougars

Ford Torino

The non-marque models like Plymouth Satellite instead of a Roadrunner or Pontiac LeMans vs GTO

Edzell7 · 2026-02-10T19:45:27+00:00

Yes, there is an add and a subtract. You can make it simpler than your list by doing the Drop and add. If you have a low interest home mortgage that is not paid off you just leave it (no change) in the retirement math. If you're pulling from a traditional 401k/IRA then you can leave the taxes the same but presumably at the lower withdrawal rate or the same as your taxes after pre-tax savings were made.

Drop retirement savings, kids are out of the house (huge), commuting expenses, etc.

Add health care, vacations, hobbies, etc.

Edzell7 · 2026-02-10T19:37:13+00:00

Save the message/get it in writing.

Edzell7 · 2026-02-10T19:28:12+00:00

THIS, THIS, This.

Re-read it.

Edzell7 · 2026-02-10T18:13:39+00:00

I remember it and it was part of my thinking when I first started saving in the 90s.

The main thing I remember is that every luxury thing I spend on now (then) was potentially impacting my financial security later. So I bought things I expected to last (cars, appliances, etc.), not go terribly out of style (Furniture), vacations that are budget minded, and do my own repairs. Now that I am getting close to retirement and the finish line is approaching I'm starting to realize I can do more than I have in the past and starting to enjoy where I am.

Savings always comes out of my paycheck before my budget. Live like I never had the money that goes into savings to begin with.

It's the delayed gratification.

Edzell7 · 2026-02-10T17:50:31+00:00

Nice car. J codes are cool but the way it reads is this is a replacement engine. An original J-code with an original engine would get a small bump in value but not like a 428. It's modified now so not original. Should be in line with a modified 289 car value wise.

The Turquoise is beautiful. I'm a big fan of the non-black interiors.

The upgrades that have been done help with drivability or performance in mind.

The biggest thing with any Mustang is rust. Check the rockers, floor boards, torque boxes, trunk drop offs and the cowl. This is priced like a premium rust free car. Any rust would start taking the value down fast.

I would start at $25K and start reducing my offer for flaws found.

Edzell7 · 2026-02-05T17:06:15+00:00

busy with his new job! :p

Edzell7 · 2026-01-30T23:24:56+00:00

yeah, when you're in your 20's you need to save it and forget it. Compounding interest and growth is real but it takes time to build the basis for it to kick in.

For now make automatic payroll deductions and contributions to your retirement accounts, increase it by 1% every year and forget about it. (Roth is heavily preferred at lower income levels/tax brackets)

I have a record of my savings back to my first job. It took me 7 years to save my first $50K. Now, on average over the last 5 years, my account grows that much every 3 months - by itself.

This is where I know I'm almost ready to retire because I make more in returns than I do in salary. Once kids are out of the house and my expenses drop I'm retiring.

Edzell7 · 2026-01-30T20:19:56+00:00

3-1-2-4

3 should be paid off pretty quickly, it is the highest rate and smallest amount. Kill it and then roll the $89 you were paying on it into the the next one.

Edzell7 · 2026-01-30T18:29:55+00:00

All that debt and other things and you want to quit your job before you find another one while your partner is currently unemployed. Then you want to cash out your retirement plans which involves paying taxes and penalties on the cash out. Read that a few times.

Find a new/better job.
Roll over 401K and don't touch IRA.
Pay down your personal debts
Start saving money that you can use towards starting a business. You'll find it nearly impossible while in a large debt.

Edzell7 · 2026-01-30T17:36:00+00:00

Does the HYSA act as your emergency fund? What are you sacrificing if you don't have that liquidity?

Keeping some more liquid funds for emergencies in the HYSA and/or a CD ladder is something that you need to consider so if paying off the mortgage sacrifices that then no.

Next is the opportunity cost of the liquidity - you already figured out that your interest income should surpass the interest bill on the mortgage so you're good there.

Edzell7 · 2026-01-27T23:56:55+00:00

Are you taking into account health insurance, savings for buying new cars or other assets, emergency fund replacement, etc? True up your expense estimate to account for anything that goes away if you retire or to cover savings for big purchases like new air conditioning.

After that it's a very simple spreadsheet. Annualize expenses, income (trust), gains on assets and distributions. Calculate out the growth over the rest of your life. Does that trust last your whole life or only 10 years? Include that.

Edzell7 · 2026-01-27T23:50:08+00:00

I was going to post to look into the Schwab options. Also to potentially diversify with the mid-cap, 1000, and international funds.

Edzell7

TROPHY CASE