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Article: A well-guarded secret revealed.(Blackman On Taxes)
- Article from:
- Modern Machine Shop
- Article date:
- April 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Gardner Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Successful investing in the stock market is uncertain, and net losses can sometimes exceed net gains. So-called traditional safe investments, such as CDs, treasury bonds, municipal bonds and the like, may offer only paltry returns.
However, there is an investment that can match the potential high returns of successful stock market investors, yet has the prime characteristic (no risk) of traditional safe investments.
There's a good chance you have never heard of a life settlement, also known as a Transferable Insurance Policy (TIP). To understand how a TIP works, let's use an example.
Joe is 68 years old and owns a life insurance policy with a ...