candycorn
Diamond Member
Borrow=loan=interest. You'll be paying back interest on the loans long before the 10 year period even gets close. But borrow away; sooner or later math teaches you a lesson.Actually gun sales would plumment. When the price goes up, sales go down.
If I could buy a bond yielding 26% and all I had to do was buy a gun to go with it, I'd borrow as much money as I could and buy as many guns as I could. I even know how I could do it without buying a single gun.
Not sure. We were talking about insurance and guns. You have apparently started a conversation with yourself.Well, there is no "loan" and as soon as you get your $10,000, you probably would get a 1099 right after it.
My home equity loan isn't a loan? What is it?
Good for you. But back on the subject...the payment you take for the "maturation" of the insurance policy is not. But thanks for the idea of making them tax free by allowing them to roll-over into a retirement vehicle.Not sure where you got that it was tax free.
My home equity loan is tax deductible.
The plan gets better every day.
To publicly condemn it but privately encourage it. That is my assessment.Well, it is designed to be a win-win-win. For society, victims of the NRA mayhem, and gun owners themselves who largely decry the NRA's stance on gun violence.
What is the NRA's stance on gun violence? Link?
But then again, $10,000 to someone like you is probably a $1M to someone like me.
Yeah, based upon your ignorance of taxes, compound interest, basic math...you're a rich mogul. LOL!
Meh, far from it.