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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (12774)	7/13/2001 4:06:50 PM
From: Tommaso	Read Replies (1) of 78516

Thanks--I am 63 years old and worth more dead than alive! Wife and I are fully vested in high-paying retirement programs and I was able to get TIAA nursing home unlimited coverage for both of us; this insurance policy was something I bought many years ago immediately upon getting married. It was a real pain to come up with the premiums for several years, but after a while it became more or less self-funding. I certainly would not recommend any younger person using cash value of an insurance policy to speculate, though I am afraid that many people in the 40-55 age range may have done just that. At this point I am glad I never wasted money on term life insurance. It wasn't easy to save up those premiums, but the money still belongs to me.

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