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Path: utzoo!linus!philabs!cmcl2!seismo!ut-sally!utastro!bill
From: bill@utastro.UUCP (William H. Jefferys)
Newsgroups: net.invest
Subject: RE: Life Ins
Message-ID: <10@utastro.UUCP>
Date: Mon, 8-Apr-85 12:41:16 EST
Article-I.D.: utastro.10
Posted: Mon Apr  8 12:41:16 1985
Date-Received: Tue, 9-Apr-85 04:23:56 EST
References: <2423@drutx.UUCP>
Organization: U. Texas, Astronomy, Austin, TX
Lines: 24

>    I can assure you that the best investment is to buy the cheapest term
> insurance available (from a company that's been around for awhile), and
> invest the rest on your own.
>    From the description of your present policy, I would suggest that you
> buy term + an IRA.  I can't understand why you would put the money in a
> Life policy, then take it out right away for the IRA.  Why not just put
> it in the IRA to begin with?
> 
Amen to that.  By the way, if you or your spouse are employed by a college
or university (as many are on the net) the lowest premiums by far are 
offered by TIAA (Teacher's Insurance and Annuity Assn).  It enjoys the highest
ratings in Best's, and is a super deal.  Premiums run 30-50% lower than
competitors.

Not affiliated, &c., &c.

-- 
"Men never do evil so cheerfully and so completely as when they do so from
	religious conviction."  -- Blaise Pascal

	Bill Jefferys  8-%
	Astronomy Dept, University of Texas, Austin TX 78712   (USnail)
	{allegra,ihnp4}!{ut-sally,noao}!utastro!bill	(uucp)
	bill%utastro.UTEXAS@ut-sally.ARPA		(ARPANET)