Newspaper article The Topeka Capital-Journal

Extra Credit Card Insurance Is Unneeded Expense for Most

Newspaper article The Topeka Capital-Journal

Extra Credit Card Insurance Is Unneeded Expense for Most

Article excerpt

Dear Bruce: What do you think about the extra protection coverage that the credit card companies try to sell you when you open a credit card? They say they will pay the minimum payment if you lose your job, etc. -- Reader

Dear reader: If your job situation is at risk, then such an arrangement may be of value to you.

That aside, it seems to me that this is another expense for you and a profit for the credit card company. In my opinion, there is no reason to spring for that kind of coverage.

Dear Bruce: I am a 62-year-old woman with net assets of $1.7 million cash. I am considering retiring, but don't know how I should invest my money for an income and if rental property would be a good option.

I have the opportunity to buy three pieces of rental property for $178,000 with an income of $21,000 yearly. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.