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Investing/Strategies / Retirement Investing
|Subject: Re: Retirement, college, and Obamanomics||Date: 1/2/2013 10:26 PM|
|Author: Rayvt||Number: 71190 of 78037|
You have some kind of faith-based religious aversion to IULs. It makes itself very apparent in the way you repeatedly fail to grasp the details of how they actually work,
Heh. This is just what we engineering students got told when the Student Union sponsored a Perpetual Motion Machine exhibit. ;-)
So, nope, won't work. Too many complicated moving parts to quickly identify the one key part and say, "That right there is why it won't work." It's not worth the time, and the true believers won't listen anyway.
This whole topic is so similar to the various discussions of "money merge" accounts. The proponents keep bringing up non sequiteurs and complex money movements, and they shift the ground whenever somebody points to a flaw. Highly entertaining -- if you are entertained by that sort of thing.
'course, that's a scam. I'll grant that IUL's aren't a complete scam. A stupid investment, though.
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