Last week we had a kind of dense column on variable universal life insurance, largely written by my friend Less Antman and another, also largely by him, that read like a thriller, on Qualified State Tuition Plans.
In each case, I provided a one- or two-word “executive summary” for those of you who might have been running late for work.
“Your executive summaries,” writes Less, “have inspired me to stop wasting my time with time-consuming posts. So instead of spending weeks writing 10 more such pieces, I thought I’d fit them into a single list of 10 executive summaries. That way, you can spend the other 9 days sharing with the readers your balanced and unprejudiced political views.”
Less is a libertarian (see June 5, 1998, “The Trouble with Libertarians”). Instead of contributing to the Democratic National Committee, he has contributed this nifty holiday package of One-Word Hyperlinked Executive Summaries:
The best tax shelter in America today . . .
Executive summary: Buy-And-Hold.
The surest way to outperform 80% of all stock market investors over the long term . . .
Executive summary: Index.
The surest way to outperform the indexes over the long-term . . .
Executive summary: Miscalculate.
Where to start if you have at least $3,000 to invest . . .
Executive summary: Vanguard.
Where to start if you have only $25 to invest . . .
Executive summary: TIAA-CREF.
The surest way to guarantee you don’t outlive your retirement savings . . .
Executive summary: Smoke.
The cause that deserves a contribution from you every year . . .
Executive summary: Roth.
The people who benefit most from variable annuities . . .
Executive summary: Salesmen.
The quickest way to reduce your tax bill . . .
Executive summary: Daytrade.
Executive summary: Thanks, Less.
Quote of the Day
Borrow money from pessimists -- they don't expect it back.~Steven Wright
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