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Email this5:10 pm
March 30, 2017
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smayer97 said
Anyway, you keep interpreting my words as the market "dictating" the CB direction... what I keep saying is CBs are followers of the market. Not the same thing.
From the early get on, you always say the CBs always do what the market "tells" it to do, and how you can make exceptional return on GICs etc by prempting what CB does...
If you are no longer saying that, I will just leave this topic at that.
2:47 am
November 18, 2017
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Bill: Isn't that what I said? That it was a good way to mess up one's heirs?
After the assets are sucked up by the debt, the heirs don't have to pay any leftover debt. So dying deep in debt will ensure the heirs get nothing, but don't have to pay anything.
RetirEd
7:07 am
September 11, 2013
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RetirEd, ok, I misunderstood your "heirs don't inherit debt" ending statement, to me they do to the extent of assets in the estate used to pay that debt before any distribution to them.
But, yes, we're in agreement that heirs have no obligation if there's still remaining debt after estate has been emptied, that's stating the obvious.
Please write your comments in the forum.