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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (12774)7/13/2001 4:06:50 PM
From: Tommaso  Read Replies (1) | Respond to of 78514
 
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.



To: Paul Senior who wrote (12774)7/15/2001 4:26:12 PM
From: Allen Furlan  Read Replies (2) | Respond to of 78514
 
Paul, are you still the recorder for the 2 buyer portfolio? Both rjm2 and I like strz. I started adding slowly about 6 months ago. In fact, if you remember the buffet arbitrage, I took first position about that time.