Wednesday, October 11, 2006

Don't get Life Insurance

While you're young anyway. It's completely bogus! You're young, you're healthy, the only thing that could happen to you is some freak accident.

So why pay money for "insurance?" To lower your rates for when you hit 50? Forget it! If you apply for your policy at the age of 50, you still would've saved yourself tens of thousands of dollars.

Ah man, so far, at age 23, I've made some really bad investments.

Best one I've made is the 50's Fender Blackface Bandmaster head. Too bad I don't have the proper cab to play it in :(

5 Comments:

Blogger Anthony said...

Ha, I had lots of people try to convince me to keep my life insurance.

I cashed it in and used the money for furniture.

I'm not married, no kids so I see no need for life insurance for a single young adult.

If and when I get married, then i'll get life insurance. Otherwise I'll just save my cash.

10/12/2006 10:50 a.m.  
Blogger simply said...

get RRSP's and get tax savings...

10/12/2006 4:10 p.m.  
Blogger ali said...

Yeah, that prostitution ring we invested in sure didn't pan out...

When I got my first credit card, I got insurance for it. What a rip off. I should call up and cancel that.

10/12/2006 7:00 p.m.  
Blogger simply said...

dont buy warranties at futureshop!

10/13/2006 9:38 p.m.  
Blogger ali said...

I actually had a good experience with Futureshop. I bought an Ipod back in March 2005, and it broke in November 2005. So I was like crap, I'm going to have to pay for the Apple fee to fix it, seeing as the 6 month warranty had expired.

I didn't have any problems... Futureshop promptly sent me a cheque back for the cost of the Apple repair ($45 or something).

10/14/2006 9:01 a.m.  

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