Re: Interesting? economics lesson in the lottery line
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"properly invested" if people knew how to properly invest you woulnd't have so many bankruptcies. Most do NOT knwo how to invest better than the company who discounted your cash payment in exchange for the annuity.
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All you have to do is call your friendly insurance agent -- he'll have it set up in a jiffy. Think of it in reverse, if you had $1MM cash, would you rush out to find someone to incrementally serve $2MM back to you over 30 years?
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