Posted by BarnyardEngineering on November 16, 2023 at 10:59:06 from (161.69.116.34):
In Reply to: First money posted by Tony in SD on November 16, 2023 at 03:49:32:
The dilemma with those old savings bonds is that they're worth multiple times their face value by now.
Someone bought me a $500 savings bond when I was born in 1974. The bond has my parents' names on it but they were dirt poor back then, a young couple 2 months of their first anniversary (yes, people did the math for YEARS). It's worth over $1600 now. Technically my "first money."
Cash it or keep it? I'd cash it and buy more if they still issued paper bonds, but bonds are "electronic" now. It's such a cool piece of paper, and irreplaceable.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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