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Old 09-20-2013, 03:06 PM
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TrudyM TrudyM is offline
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Location: Bought Tamarind Grove, Mercer Island Wa, previously NH,FLA,Hi,CT,CA,GA, Hubby from Hawaii
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Quote:
Originally Posted by indianavette View Post
How do you do that? It sounds too good to be true but I am definitely interested.
My mom was sold one of these in the 80's and if my brother had not stepped in and told her to sell it she would have lost a ton. I think it was called university life or something like that. Every broker was selling it like mad and it went belly up. If the return is too good to be true it always makes me scared. Use to be they said move toward a larger % in bonds to reduce risk in retirement but interest rates are all over the map if you look at 10 or 15 years of history. I don't see anything out there that is 100% safe it makes me very uneasy.
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