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-   -   Nords is famous again.... (http://www.early-retirement.org/forums/f27/nords-is-famous-again-49638.html)

two4theroad 04-10-2010 07:14 AM

Nords is famous again....
 
It always surprises me when I see someone whose name I know in the news....

Excerpt from the Wall Street Journal Online this morning.....
Make More on Your Cash


Doug Nordman, a retired Navy submariner in Oahu, Hawaii, recently rolled over money from maturing CDs into new CDs from Pentagon Federal Credit Union that were yielding up to 3% at the time. When he was shopping around, the 49-year-old said one of his goals was to make sure the CDs had low early-withdrawal penalties, since he was earmarking the money for his daughter's education. "For something like the college fund, there's no reason to take on a lot of risk," he says.:greetings10::greetings10::greetings10:

Way to go Nords,
2fer

Dawg52 04-10-2010 07:25 AM

The WSJ has never been interested in my CD roll overs.:blink:

IndependentlyPoor 04-10-2010 07:34 AM

In honor of Nords' daughter's matriculation, I give you the official Rice cheer.

e to the x, dy dx
e to the x dx
secant, tangent, cosine, sine
3.14159
cube root, square root, btu
compass, slide rule, go Rice U!

I'm not kidding. They really chant this. Go to any Rice home game, say Rice vs. UT. Listen carefully and you might be able to hear the 3000 some odd Rice students chanting this cheer in their 72,000 seat football stadium, surrounded by 60,000+ UT fans. It is kind-of pitiful, really.

There are more students at UT than there are living Rice students and alumni combined.

I wonder if Nords fille knows what she is getting herself into?

73ss454 04-10-2010 07:40 AM

Quote:

Originally Posted by Dawg52 (Post 924169)
The WSJ has never been interested in my CD roll overs.:blink:


I think that will change now that you're all in CD's.:whistling:

flyfishnevada 04-10-2010 10:40 AM

That's pretty cool! Way to go!

FUEGO 04-10-2010 11:06 AM

A little pre-book release publicity never hurt! ;)

"Doug Nordman, a noted expert on all matters financial and frequently quoted in the WSJ, has recently released his book ________". :)

audreyh1 04-10-2010 11:27 AM

Dang! I'm older than Nords! >:(

Well, that just about busted my day!

Now - back to working on taxes......

Audrey
P.S. Way to go Nords!

Orchidflower 04-10-2010 12:24 PM

I always knew Nords was special! Way to go, Doug!!!:greetings10:

Only time I was ever interviewed by the WSJ was on my love of thrift stores, and it was on the front page...much to the total humiliation of my son who wanted to die (ha!ha!).

I'm thrilled Nords was used as their fine example! Yeahhhhh!!!!:flowers:

kcowan 04-10-2010 01:22 PM

Quote:

Originally Posted by FUEGO (Post 924226)
A little pre-book release publicity never hurt! ;)

"Doug Nordman, a noted expert on all matters financial and frequently quoted in the WSJ, has recently released his book The Search for Yield". :)

Otherwise it is a wasted media piece! Anyway, congratulations Nords!

Nords 04-10-2010 02:02 PM

I thought WSJ online was a subscription, but this appears to be free:
Make More on Your Cash - WSJ.com

I should point out that Jane Kim and other journalists are regular lurkers on this board. She contacted me on this thread, and over the last couple years she's interviewed at least two others of us. So next time we're all ranting about asset allocation or doom&gloom or the one true SWR...

Quote:

Originally Posted by FUEGO (Post 924226)
A little pre-book release publicity never hurt! ;)
"Doug Nordman, a noted expert on all matters financial and frequently quoted in the WSJ, has recently released his book ________". :)

Ahem. Busted. Now let's see if a certain acquisitions editor at Wiley is reading the WSJ. No word from them for over six weeks, and pretty soon I'm going to have to move on without them.

To be fair, I didn't mention the book to Ms. Kim and she didn't ask. She doesn't know anything about my writing and I wasn't trolling for the interview. She also did a reassuring job of making sure we had the facts and spelling right before she went to press. One of the better media experiences I've had this decade.

Quote:

Originally Posted by audreyh1 (Post 924235)
Dang! I'm older than Nords! >:(
Now - back to working on taxes......

If it's any consolation, mentally & emotionally I'm younger than just about everyone!

And I have to stop posting here so much next week finish my taxes too.

Quote:

Originally Posted by IndependentlyPoor (Post 924172)
In honor of Nords' daughter's matriculation, I give you the official Rice cheer.
e to the x, dy dx
e to the x dx
secant, tangent, cosine, sine
3.14159
cube root, square root, btu
compass, slide rule, go Rice U!

I'm not kidding. They really chant this. Go to any Rice home game, say Rice vs. UT. Listen carefully and you might be able to hear the 3000 some odd Rice students chanting this cheer in their 72,000 seat football stadium, surrounded by 60,000 some-odd UT fans. It is kind-of pitiful, really.
I wonder if Nords fille knows what she is getting into?

Oh, that is excellent. We're gonna get a lot of pre-college mileage out of this little nugget-- thanks!

Our kid has just as much idea what she's getting into with Rice as spouse and I had an idea of what we were getting into with procreating. That teen drama/angst rears its head approximately weekly. Yes, both Rice and parenting.

I have to admit that she knows a lot more about Rice (just 120 days away!) than I knew about USNA at this point in 1978. She already has an account on Rice's ESTHER network, complete with e-mail and health forms and financial status. The NROTC unit has already assigned her a sponsor. Rice has already hosted a couple online chats for the early decision students, and they're all befriending each other on Facebook. A couple other Rice prospective students have already started dating-- talk about ruining the college experience before it's started. Last week our kid got homework help over Facebook from an East Coast classmate-to-be. (Yes, she does have her photo posted on Facebook and yes, the help did come from a guy. As far as she can tell from his profile.) HTown Harry has kept us posted on alumni news and she's subscribed to the Rice Thresher. She already knows that she's on mandatory evening study hours at the NROTC unit for the first half of the semester.

I hope that the anticipation is far worse than the actual experience. Yes, both Rice and parenting...

clifp 04-10-2010 02:17 PM

Quote:

Originally Posted by Dawg52 (Post 924169)
The WSJ has never been interested in my CD roll overs.:blink:

I think it is something about living in Hawaii. The same reporter Jane Kim interviewed me a couple of years ago for some early retirement thing, and last week a reporter for SmartMoney sent me a PMed and we talked about Muni Bonds. Should appear in the June issue.

In fact, I've gotten my name in various magazine and newspaper a lot more since retiring than when I was working... ???

W2R 04-10-2010 02:23 PM

Quote:

Originally Posted by clifp (Post 924283)
I think it is something about living in Hawaii. The same reporter Jane Kim interviewed me a couple of years ago for some early retirement thing, and last week a reporter for SmartMoney sent me a PMed and we talked about Muni Bonds. Should appear in the June issue.

In fact, I've gotten my name in various magazine and newspaper a lot more since retiring than when I was working... ???

Although I have always declined, I have been approached frequently by reporters in the past few years, wanting interviews. So it's not just living in Hawaii that triggers them. Maybe they're afraid of Dawg52's great big ol' dog. ;D

clifp 04-10-2010 02:33 PM

Actually it is posting on a board, that scores high in google for money discussions.
Being a media whore, the only time I'd turn down a reporter request is if somebody wanted to interview me about my affair with Elin Woods :)

Oops did I let that slip.

Moemg 04-10-2010 03:20 PM

I've been approached to but I think it's those hidden make over people Stacy & Clinton !:)Any way Congratulations Nords !

happy2bretired 04-10-2010 04:04 PM

Quote:

Originally Posted by Moemg (Post 924314)
I've been approached to but I think it's those hidden make over people Stacy & Clinton !:)Any way Congratulations Nords !

I'm sure that this board could produce some good resources for Stacy & Clinton...just look at those pictures of what retirees wear.:coolsmiley:

OhSoClose 04-10-2010 04:28 PM

Quote:

Originally Posted by two4theroad (Post 924163)
When he was shopping around, the 49-year-old said one of his goals was to make sure the CDs had low early-withdrawal penalties . . . .

Nords, can you give us a quick summary of how PenFed calculates its early withdrawal penalties on CDs?

Thanks.

Purron 04-10-2010 05:44 PM

Quote:

Originally Posted by Dawg52 (Post 924169)
The WSJ has never been interested in my CD roll overs.:blink:

Same here Dawg. Only the IRS has ever showed interest and that was to clarify an IRA CD rolled over into another IRA CD.

Don't think they were much interested in the rate and terms I got. ;)

Way to go Nords. I feel like I know someone famous!

kumquat 04-10-2010 06:33 PM

Quote:

Originally Posted by Nords (Post 924273)


Ahem. Busted. Now let's see if a certain acquisitions editor at Wiley is reading the WSJ. No word from them for over six weeks, and pretty soon I'm going to have to move on without them.

You claim to be retired. Writing a book is a J*B. Busted again.;D

Since you live in Hawaii, I hope the book gets a better reception here than the one by another Hawaiian with initials RK.

Anyway, congrats.

audreyh1 04-10-2010 06:38 PM

Quote:

Originally Posted by Nords (Post 924273)
If it's any consolation, mentally & emotionally I'm younger than just about everyone!

Well, I guess you were born in 1960. I was born in 1959. And all these years I've been thinking you had a couple of years on me!

Darn that made me feel old!

Audrey

freebird5825 04-10-2010 07:04 PM

Quote:

Originally Posted by audreyh1 (Post 924369)
Well, I guess you were born in 1960. I was born in 1959. And all these years I've been thinking you had a couple of years on me!

Darn that made me feel old!

Audrey

URK! 1958 for me. :( Feel better now? :flowers:

Congrats to Nords! :clap::clap::clap:


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