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Started By
Message
1
Posted on 4/7/10 at 12:11 pm to LSURussian
quote:
Do you mean except for the three thousand, five hundred dollars up front?
And the $60k required to establish a whole life policy with an immediate $40k cash value.
Posted on 4/7/10 at 12:14 pm to TigerDeacon
I'll undercut your candy arse at $2500!
Posted on 4/7/10 at 12:19 pm to kfizzle85
quote:
I'll undercut your candy arse at $2500!
Why pay $2500 for an intern when you can get the real McCoy for $2499
Posted on 4/7/10 at 12:23 pm to igoringa
quote:
Why pay $2500 for an intern when you can get the real McCoy for $2499
burn...
Posted on 4/7/10 at 1:28 pm to kingfish25
anytime the sentence starts with "buy a whole life policy"
Walk away-
Learn about investing- whole life is a poor investment strategy and only benefits the person selling the policy
Walk away-
Learn about investing- whole life is a poor investment strategy and only benefits the person selling the policy
Posted on 4/7/10 at 1:57 pm to 756
quote:
Learn about investing- whole life is a poor investment strategy and only benefits the person selling the policy
Thanks for just regurgitating what Dave Ramsey says.
If you know about the product and know how to use it properly whole life insurance policies are an effective investment strategy.
Posted on 4/7/10 at 2:12 pm to kingfish25
Disclaimer: Never listened to Dave Ramsey in my life, don't even know what he looks like. Disclaimer 2: My dad is an insurance salesman.
I would love to see you explain how a whole life insurance policy is an effective investment strategy. We've had this conversation on here before many times. Forget comparing it to other potential returns, please explain how something that almost always ends up with a negative IRR is effective at anything other than losing you money.
ETA: You don't really have to respond if you don't want to, I'm not trying to pull your thread off course.
I would love to see you explain how a whole life insurance policy is an effective investment strategy. We've had this conversation on here before many times. Forget comparing it to other potential returns, please explain how something that almost always ends up with a negative IRR is effective at anything other than losing you money.
ETA: You don't really have to respond if you don't want to, I'm not trying to pull your thread off course.
This post was edited on 4/7/10 at 2:23 pm
Posted on 4/7/10 at 2:19 pm to kingfish25
quote:
Learn about investing- whole life is a poor investment strategy and only benefits the person selling the policy
Thanks for just regurgitating what Dave Ramsey says.
There is an army of people saying this, not just Dave Ramsey.
Posted on 4/7/10 at 2:23 pm to Cash
An insurance trust to buy term life policies can be an effective strategy.
Posted on 4/7/10 at 2:32 pm to igoringa
quote:
Why pay $2500 for an intern when you can get the real McCoy for $2499
$2,000 - sale price
Posted on 4/7/10 at 2:38 pm to TigerDeacon
I can broker a deal in which Putty sends you a copy of TigerDeacon's nuts for $1500. My commission is 25%.
Posted on 4/7/10 at 3:39 pm to Cash
quote:
I can broker a deal in which Putty sends you a copy of TigerDeacon's nuts for $1500. My commission is 25%.
I will sent a picture of 1 nut for the low price of $1k.
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