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fung_derf

09/15/22 12:48 PM

#826 RE: Prudent Capitalist #825

HA! I've been told that around 40% of all term policies go unclaimed. I could tell some stories, but I won't.
BTW, Bernie Madoff was highly regulated as well.
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bar1080

09/15/22 1:23 PM

#828 RE: Prudent Capitalist #825

With legitimate insurance the use of the money is fully spelled out, and is usually regulated by state insurance auditors. Madoff was a pure and simple scam.

"I was told." I have no idea what he "was told"
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bar1080

09/15/22 1:37 PM

#829 RE: Prudent Capitalist #825

A wonderful, easy read. "A Brief History Of Dividend Growth Investing."

Starting with the Dutch East India Company (the VOC) in 1602 which generally paid dividends, in cash but often goods, till ~1782.

https://seekingalpha.com/article/4079778-brief-history-of-dividend-growth-investing