That's why one can never just listen to the "broker" in charge of your money as he is basing his advice on the fact you are going to live forever and not draw on it until he himself has retired and doesn't care anymore. One and one half years before I retired from company, I "froze" my account. Basically put it all into income preservation funds that drew a guaranteed 3% and I was vested 100% and getting a 75% match from company plus profit sharing from company. All told I was getting 100% on my out of pocket investment every 1/4. That is good enough for me that close to retirement and absolutely zero recovery time from a dip. They (brokers) treat everyone like they are 30 and have forever to recover from things like '05/'07 or 9-11.
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Today's Featured Article - Oil Bath Air Filters - by Chris Pratt. Some of us grew up thinking that an air filter was a paper thing that allowed air to pass while trapping dirt particles of a particles of a certain size. What a surprise to open up your first old tractor's air filter case and find a can that appears to be filled with the scrap metal swept from around a machine shop metal lathe. To top that off, you have a cup with oil in it ("why would you want to lubricate your carburetor?"). On closer examination (and some reading in a AC D-14 service manual), I found out that this is a pretty ingenious method of cleaning the air in the tractor's intake tract.
... [Read Article]
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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