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
Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.~John Kenneth Galbraith, The Age of Uncertainty
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