Where do you put your "excess reserves"?

Tea · Feb 20, 2003

Quote from nitro:

I always have cash sitting around in case an opportunity like 911 comes again.

Every six months or so, there seems to be a real opportunity somewhere. The key is to be prepared.

nitro

Where do you live?

daniel_m · Feb 20, 2003

Quote from nitro:

I have thought about Annuities. But you know what? I can return 15% with my eyes closed on my own money.

but the point is you don't need your entire equity to get that return.

nitro · Feb 20, 2003

Quote from Tea:

Where do you live?

Chicago. Why?

nitro

Tea · Feb 20, 2003

Quote from nitro:

Chicago. Why?

nitro

Well.....you said you keep a lot of cash at home and I was just wondering what your home address was.

I'm trying to diversify my income stream.

Tea · Feb 20, 2003

I am just kidding, of course.

IndexTrader · Feb 20, 2003

Quote from Tea:

I am just kidding, of course.

Tea, I taut you was related to one 'a dem Sopranos.

ElCubano · Feb 20, 2003

Do what I do...buy/sell cars or Loan it out....

nitro · Feb 20, 2003

Quote from Tea:

Well.....you said you keep a lot of cash at home and I was just wondering what your home address was.

I'm trying to diversify my income stream.

:eek:

nitro

bubba7 · Feb 20, 2003

Quote from nitro:

I have thought about Annuities. But you know what? I can return 15% with my eyes closed on my own money.

Never heard of Universal Indexed Life Insurance!?? What is that?

nitro

WE all can make 15% in about a month as beginners in equities. In commodities we all do several times better than equities as well.

The poster has a serious difficulty as he stated. This is something that you don't have.

the dinancial industry has many many sectors. Because you ask about UILI it simply means you are not in the market of where insurance industry operates. they usuall prospect with wealthy people and you are not showing up in that group. It may be hard for you to get an appointment with a saleman for a couple of reasons. if you have a home, then your mortgage will probably be showing a poor LTV and that cut you out of consideration because you are cash starved.

IndexTrader · Feb 20, 2003

Quote from bubba7:

WE all can make 15% in about a month as beginners in equities.

Yeah, you and 99% of the general public. You must be smokin' some reeaally strong stuff, 'cause its blowin' everywhere!