[Raybyrnes]

My understanding of the Gas business is that the additives are added to the tankers picking up the gas. That is part of the difference in pricing. So Shell, BP, Chevron can all get gas from the same filling station but the additives are added to the tank before picking up.

ARCO has generally divested their Stations. Most are owned by independent operators. Same holds true for many stations. Margins on gas for operators of the stations are very thin. They make money when you buy a car wash, go into the store for a cup of coffee etc.

I buy gas at Costco but typically go at off hours so no lines. I also go to Vons because it is convenient and also find myself there at off hours when there are no lines.

[Raybyrnes]

My understanding of the Gas business is that the additives are added to the tankers picking up the gas. That is part of the difference in pricing. So Shell, BP, Chevron can all get gas from the same filling station but the additives are added to the tank before picking up.

ARCO has generally divested their Stations. Most are owned by independent operators. Same holds true for many stations. Margins on gas for operators of the stations are very thin. They make money when you buy a car wash, go into the store for a cup of coffee etc.

I buy gas at Costco but typically go at off hours so no lines. I also go to Vons because it is convenient and also find myself there at off hours when there are no lines.

[Raybyrnes]

My understanding of the Gas business is that the additives are added to the tankers picking up the gas. That is part of the difference in pricing. So Shell, BP, Chevron can all get gas from the same filling station but the additives are added to the tank before picking up.

ARCO has generally divested their Stations. Most are owned by independent operators. Same holds true for many stations. Margins on gas for operators of the stations are very thin. They make money when you buy a car wash, go into the store for a cup of coffee etc.

I buy gas at Costco but typically go at off hours so no lines. I also go to Vons because it is convenient and also find myself there at off hours when there are no lines.

[Raybyrnes]

My understanding of the Gas business is that the additives are added to the tankers picking up the gas. That is part of the difference in pricing. So Shell, BP, Chevron can all get gas from the same filling station but the additives are added to the tank before picking up.

ARCO has generally divested their Stations. Most are owned by independent operators. Same holds true for many stations. Margins on gas for operators of the stations are very thin. They make money when you buy a car wash, go into the store for a cup of coffee etc.

I buy gas at Costco but typically go at off hours so no lines. I also go to Vons because it is convenient and also find myself there at off hours when there are no lines.

[Raybyrnes]

My understanding of the Gas business is that the additives are added to the tankers picking up the gas. That is part of the difference in pricing. So Shell, BP, Chevron can all get gas from the same filling station but the additives are added to the tank before picking up.

ARCO has generally divested their Stations. Most are owned by independent operators. Same holds true for many stations. Margins on gas for operators of the stations are very thin. They make money when you buy a car wash, go into the store for a cup of coffee etc.

I buy gas at Costco but typically go at off hours so no lines. I also go to Vons because it is convenient and also find myself there at off hours when there are no lines.

[Raybyrnes]

Safe Harbor I have not fully investigated this but worth a read.

Will you ever sell your house?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That’s $3,800 on a $100,000 home etc.
When did this happen? It’s in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) Why 2013? Could it be to come to light AFTER the 2012 elections?
REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obamacare bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

[Raybyrnes]

Safe Harbor I have not fully investigated this but worth a read.

Will you ever sell your house?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That’s $3,800 on a $100,000 home etc.
When did this happen? It’s in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) Why 2013? Could it be to come to light AFTER the 2012 elections?
REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obamacare bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

[Raybyrnes]

Safe Harbor I have not fully investigated this but worth a read.

Will you ever sell your house?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That’s $3,800 on a $100,000 home etc.
When did this happen? It’s in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) Why 2013? Could it be to come to light AFTER the 2012 elections?
REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obamacare bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

[Raybyrnes]

Safe Harbor I have not fully investigated this but worth a read.

Will you ever sell your house?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That’s $3,800 on a $100,000 home etc.
When did this happen? It’s in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) Why 2013? Could it be to come to light AFTER the 2012 elections?
REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obamacare bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

[Raybyrnes]

Safe Harbor I have not fully investigated this but worth a read.

Will you ever sell your house?

Did you know that if you sell your house after 2012 you will pay a 3.8% sales tax on it?
That’s $3,800 on a $100,000 home etc.
When did this happen? It’s in the health care bill. Just thought you should know.
SALES TAX TO GO INTO EFFECT 2013 (Part of HC Bill) Why 2013? Could it be to come to light AFTER the 2012 elections?
REAL ESTATE SALES TAX
So, this is “change you can believe in”?
Under the new health care bill – did you know that all real estate transactions will be subject to a 3.8% Sales Tax? The bulk of these new taxes don’t kick in until 2013 If you sell your $400,000 home, there will be a $15,200 tax. This bill is set to screw the retiring generation who often downsize their homes. Does this stuff make your November and 2012 vote more important?
Oh, you weren’t aware this was in the obamacare bill? Guess what, you aren’t alone. There are more than a few members of Congress that aren’t aware of it either
http://www.gop.gov/blog/10/04/08/obamacare-flatlines-obamacare-taxes-home

[Raybyrnes]

SK in CV. Analyzing a financial investment based on the commission of the sales agent vs analyzing based on the benefit of the purchaser relative to other investments is pretty poor analysis. Northwestern Mutual is a very reputable company.

Ask people who bought whole life policies that had guaranteed rates of return of 10% plus and are now plowing money into them how they feel about their policies and they will speak very highly of them.

Buy at the wrong time and in the wrong circumstances and like the housing market you may have a negative opinion.

Have kids who are heading to college and you can hide saving in a life insurance policy qualify for financial aid and potentially borrow from the policy and pay yourself back the interest if necessary. Have wealth that you are looking to pass along tax free and their are applications where life insurance makes sense.

Term life has become very cheap, very similar to renting but what happens if something all of a sudden drives this cost up in a few years.

[Raybyrnes]

SK in CV. Analyzing a financial investment based on the commission of the sales agent vs analyzing based on the benefit of the purchaser relative to other investments is pretty poor analysis. Northwestern Mutual is a very reputable company.

Ask people who bought whole life policies that had guaranteed rates of return of 10% plus and are now plowing money into them how they feel about their policies and they will speak very highly of them.

Buy at the wrong time and in the wrong circumstances and like the housing market you may have a negative opinion.

Have kids who are heading to college and you can hide saving in a life insurance policy qualify for financial aid and potentially borrow from the policy and pay yourself back the interest if necessary. Have wealth that you are looking to pass along tax free and their are applications where life insurance makes sense.

Term life has become very cheap, very similar to renting but what happens if something all of a sudden drives this cost up in a few years.

[Raybyrnes]

SK in CV. Analyzing a financial investment based on the commission of the sales agent vs analyzing based on the benefit of the purchaser relative to other investments is pretty poor analysis. Northwestern Mutual is a very reputable company.

Ask people who bought whole life policies that had guaranteed rates of return of 10% plus and are now plowing money into them how they feel about their policies and they will speak very highly of them.

Buy at the wrong time and in the wrong circumstances and like the housing market you may have a negative opinion.

Have kids who are heading to college and you can hide saving in a life insurance policy qualify for financial aid and potentially borrow from the policy and pay yourself back the interest if necessary. Have wealth that you are looking to pass along tax free and their are applications where life insurance makes sense.

Term life has become very cheap, very similar to renting but what happens if something all of a sudden drives this cost up in a few years.

[Raybyrnes]

SK in CV. Analyzing a financial investment based on the commission of the sales agent vs analyzing based on the benefit of the purchaser relative to other investments is pretty poor analysis. Northwestern Mutual is a very reputable company.

Ask people who bought whole life policies that had guaranteed rates of return of 10% plus and are now plowing money into them how they feel about their policies and they will speak very highly of them.

Buy at the wrong time and in the wrong circumstances and like the housing market you may have a negative opinion.

Have kids who are heading to college and you can hide saving in a life insurance policy qualify for financial aid and potentially borrow from the policy and pay yourself back the interest if necessary. Have wealth that you are looking to pass along tax free and their are applications where life insurance makes sense.

Term life has become very cheap, very similar to renting but what happens if something all of a sudden drives this cost up in a few years.

[Raybyrnes]

SK in CV. Analyzing a financial investment based on the commission of the sales agent vs analyzing based on the benefit of the purchaser relative to other investments is pretty poor analysis. Northwestern Mutual is a very reputable company.

Ask people who bought whole life policies that had guaranteed rates of return of 10% plus and are now plowing money into them how they feel about their policies and they will speak very highly of them.

Buy at the wrong time and in the wrong circumstances and like the housing market you may have a negative opinion.

Have kids who are heading to college and you can hide saving in a life insurance policy qualify for financial aid and potentially borrow from the policy and pay yourself back the interest if necessary. Have wealth that you are looking to pass along tax free and their are applications where life insurance makes sense.

Term life has become very cheap, very similar to renting but what happens if something all of a sudden drives this cost up in a few years.

[Author]

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