"dizzy" <dizzy (AT) nospam (DOT) invalid> wrote

I bet you can't find a single doctor that owns anything nice. Insurance
umbrellas do not protect you too well. Lawyers go after personal assets.
Even the RIAA is suing people for music sharing, what insurance covers that?

I am not saying it happens all the time, but it can. If you have cash, put
it in long term investments that can't be liquid.

---------------
Yea, EVERYBODY want a 10 year cd...
----------------------------------------------
as you can make more money in the markets than the 1.9% you are paying
for your loan.
So many reasons to finance...
--------------

So many resons to pick up a book and read. :>)


===

yes - spelling is one of them. On a serious note, if my money gives me 8%
return (what I am currently getting in my portfolio), why would I not take a
1.9% loan? Especially if I am sure the loan is not hidden in the cost of the
car.

Re: paying off a toyota loan question

Group: alt.autos.toyota Date: Mon, Sep 26, 2005, 9:14pm (EDT-1) From:
me (AT) hyperx (DOT) com (Dan*J.S.)
---------------
Yea, EVERYBODY want a 10 year cd...
----------------------------------------------
as you can make more money in the markets than the 1.9% you are paying
for your loan.
So many reasons to finance...
--------------
So many reasons to pick up a book and read. :>)
===
yes - spelling is one of them. On a serious note, if my money gives me
8% return (what I am currently getting in my portfolio),
---------------

Is that on your 10 year CD?
---------------------------------------
why would I not take a 1.9% loan? Especially if I am sure the loan is
not hidden in the cost of the car.
---------------
um......AGAIN.. that last group of words is not a SENTENCE.. but....
uh.,,.Of course you would take the loan. You're the financial planning
guru,
Thanks for the investment seminar....Now I've got my CE credits for
'05....yay...

On Mon, 26 Sep 2005 21:08:47 -0500, Dan J.S. wrote:

Bet I can. My own brother, for example.

I strongly disagree. Indeed, anyone with significant assets to lose is a
fool if they don't have it.

Not if you're adequately insured. If you have $1,000,000 in assets, and
$1,000,000 in insurance, you're covered. They don't get both.

Well, that's theft. I would think embezzlement is not covered, either.
Mistakes generally are covered, however.

I don't see why it would matter, if the asset has value, it has value.
But this is beside the real point here anyway.

On Thu, 29 Sep 2005 20:07:57 -0400, Scott in Florida wrote:

Nothing at all, huh? Idiot.

On Thu, 29 Sep 2005 20:08:57 -0400, Scott in Florida wrote:

I guess we should all stop buying all types of insurance then, because,
well, they don't protect us from anything!

I'm calling tomorrow, to cancel my car, homeowners, and umbrella policies.
There's just too "damned many ways out" for the insurance company.

Idiot.

What do you suggest, to protect oneself from the type of financial
setbacks that "fools" buy insurance for?

On Thu, 29 Sep 2005 21:44:59 -0400, Scott in Florida wrote:

Idiot.

On Thu, 29 Sep 2005 21:41:57 -0400, Scott in Florida wrote:

Idiot. Who said that it would protect you from "all perils"?

Idiot. Who made a statement that it will keep you from being sued?

Note: No response.

The buyer will most likely take out a loan. His lender and your lender will
talk. You will get any monies in excess of the pay off, and you will be
expected to come in with any monies that are short.




"wallster" <weldingwalt (AT) hotmail (DOT) com> wrote

On Fri, 30 Sep 2005 09:04:23 -0400, Scott in Florida wrote:

Actually, you made assinine, obviously incorrect claims like "Umbrella
policies do not protect you from anything", Scott. You've since
back-pedalled to "they won't protect you from all perils", which is so
obvious that it's not worth saying.

Unbrella policies do protect you from quite a bit. If you don't have
enough insurance to cover your assets, you're a fool. Well, you're a fool
in either case.