Reply #52: Holy cow! This is big news.

[Hugin]

To anybody who watches The Insomniac Channel... J. G. is almost like a member of the family.

Honestly, I thought it was a bigger operation than 76 employees.

This does give me a ray of hope tho... Because, even at a sucker born every minute, the rate isn't fast enough to keep these guys going.

I wrote a research paper on this type of 'lump sum' payoffs in college. You've got to be really careful with these annuity payoff plans... Most people don't realize that time is money and for a very small payment to you these types can really rip you off. Someone could easily end up with pennies (if that much) on the Dollar of what the annuities are worth.

I'm very leery of those 'Reverse Mortgages' too... Same sort of thing.