Posted by MSD on January 06, 2011 at 21:13:37 from (4.254.217.39):
In Reply to: life insurance OT posted by steve terplak on January 06, 2011 at 18:11:35:
Back in the late 70's I bought a whole policy with Prudential. When the stock market was booming, I thought about cashing it in and putting it in the market. About that time, Prudential notified me that they were going public and I would receive 60 shares of their stock valued at $30 per share at that time. Sounded pretty good to me so I kept the insurance and they set up the stock account with no fees or charges as long as I didn't go over 100 shares. Later they gave me the option to buy more so I bought another 40 for $19 at that time. At one point, they were worth over $10,000, until 2008 anyway. The last time I checked they were around the $65 range. So for me, life insurance was a good investment. My policy still has cash value and I get a dividend every year also.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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