It's just a deposit kind of thing.

I mean, does it really matter?

Everything is risk free.

Being always a little bit more less financially savvy than the term life is that... this is going to this as long as you continue to pay this premium this is guarantee, cause you will die one day unless you know something the rest of us don't know.

So I go to the insurance agent and the insurance agent says

So this is a good way to think about it.

look if you pay a premium if you pay a premium every year of five hundred dollars of the .... the word premium litterally just means the amount that you would pay every year

In the whole live

Do they have food to take with the prescription?

But, you know, you have to tell people what can be done.

And because it was about providing financial services to foreign students, they actually understood something about their credit score, about social security number,

Nobody was processing the credit cards.

And then year 10, I pay the 100,000 plus I pay back the 1 million.

(Laughter)

Because who paid Moody's to give them that rating?

And in addition to first and last, I want two more months.

Wi Fi enables you to avoid the processor.

And the payments?

So actually, let me do that.

L'll pay you twice what you paid for her.

Insurance payment, it's on a monthly basis, right?

If the world exists, if the sun does not supernova, I will be paying you this amount of money.

But on average this Special Purpose Entity will then be able to pay a dividend.

You would get 100 million.

They are one of the first people to get their money.

And then the next month you're going to come back and you're going to pay this 1,200 again.

Because some of them have paid, and some of them are still paying.

Payment

Pay up

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

His debts amount to more than he can pay.

We're going to start to pay them.

In the term life case once you become sixty or seventy and insurance companies charge you a lot higher of premium to insure you for this amount, because they think there is a high probability that they would have to pay it off.

What's this, dear?

Whoever spends 5000 Euros will already have been taxed for 30 .

That will now compound over the next month.

After paying the highestrecorded.

Honey, I'm not here to bail you out.

Processing Payment

Number of periods

You're going to pay it over 30 years, or you could say that's 360 months.

And when will you settle your account?

Her debts amount to more than she can pay.

I'm sure he's got a way to get you your blood money, with no paper trail, so

So what they do is out of this 10 , they pay them some of the basis points.