Posted by JMS/.MN on December 17, 2009 at 09:18:38 from (209.237.107.155):
In Reply to: Life insurance...Yikes posted by Gun guru on December 17, 2009 at 02:21:03:
Term life insurance is cheap, immediate protection. Whole life is a savings plan. If you buy term, then invest the difference from buying whole life, into a long term fund, like mutual funds, stock market, etc, you will usually have more saved than if you let the whole life people invest it for you, depending on which investment(s) you choose. The key is to actually invest that money, rather than spend the difference. For those who don"t have that discipline, whole term makes sense.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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