I'm enjoying this thread, to some extent. I take exception to RMK's not being a good retirement strategy or investment. Name one thing that has:
* Never gone down in value
* Keeps up (even +) with inflation
* Has been made, in an American shop, with American/same family ownership, making an American product for many decades.
* Sold "BRISKLY" even through all the shit we're going through right now!
My point: Everyone remembers Sept 11th, 2001. Who could forget it. On that morning. if you had taken $250.00 in cash, $250.00 of IBM stock and a $250.00 RMK Model #1 and put them in 3 shoe boxes and put them under your bed...what would you have today?
* $250.00 in cash in 1 box
* $167.50 (equivalent) in IBM stock
* $440.00 RMK #1...that you could sell, in an armadillo heartbeat for that or more! (& Uncle Sam wouldn't know anything about it)!
Sounds like one rock-solid investment to me!
Stay sharp, Capt. Chris
PS: Unless, of course, you took the Model #1 out and chipped the dog shit out of it hackin' on a limb...CCS