Andrew Tobias
Andrew Tobias
Andrew Tobiasis an American journalist, author, and columnist. His main body of work is on investment, but he has also written on politics, insurance, and other topics. Since 1999, he has been the treasurer of the Democratic National Committee...
NationalityAmerican
ProfessionJournalist
Date of Birth20 April 1947
CountryUnited States of America
years america corporations
The first life insurance societies where formed in England in the years between 1692 and 1720. In America, life insurance became available to the clergy through the Presbyterian Ministers Fund, founded in 1759(still in existence), and the Episcopal Corporation, founded ten years later (subsequently merged).
america would-be cost
In short: Readily available low-cost life insurance would be a threat to the industry, and whatever threatens the life insurance industry threatens America.
years america able
The best thing I have are 5 percent bonds from 1780, denominated from $1 to $20. As far as I can tell, they are obligations from the United States of America, so I should be able to walk down to the Federal Reserve and redeem the uncanceled ones. With 217 years of accrued interest, for a $20 bond, that's about $800,000.
america fifteen twelve
Life insurance in America has traditionally been dominated by mutual insurers. Twelve of the fifteen largest life insurers are mutuals.
jobs war america
There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder.
american-journalist confident foolish hope less mistakes money
I hope it will make them a lot more confident about money - and a lot less susceptible to foolish mistakes that could part them from it.
together pieces court
Having no national system of catastrophic health insurance, we have, through the courts, managed to patch together pieces of a not very satisfactory one.
campaigns want campaign-finance
Nobody wants campaign finance reform more than me. It would save me a fortune.
thinking people
I think a lot of people would rather have more control over their life than less.
risk credit want
You want 21 percent risk free? Pay off your credit cards.
people trying fool
Now listen. You can't fool all the people all the time-- but I want you to try.
noses lines radio
The life insurance policies advertised on the radio with the line "You cannot be turned down for this coverage!" are actually saying, " For policies this small, it would cost us more to decide whom to turn down than simply to accept everybody-and make them pay through the nose.
fire house friendly
The first American insurance company was the Friendly Society for the Mutual Insurance of Houses Against Fire, founded in Charles Town in South Carolina, in 1735.
buying want sells
The larger the deductible you choose, the less insurance you are buying. Insurers want to sell insurance.