(Schwartzing is basically - "I don't have time for nonsense. He's my thoughts & opinion (usually it is to a person who isn't looking for an information or opinion though they say otherwise - but ratification only or having someone to blame if their own choice doesn't work out) -
INSURANCE = substituting a small loss (premium) to avoid a large loss -IT IS NOT AN INVESTMENT - INSURANCE IS A TRANSFERENCE OF RISK - PERIOD.
RESIDENTIAL REAL ESTATE = SHELTER NOT AN INVESTMENT
ATTEMPTS TO REFRAME INSURANCE AND RESIDENTIAL REAL ESTATE INTO INVESTMENTS ARE SELF SERVING BSers - AND LOOK AT THE RESULTS:
1) FINANCIAL MELTDOWN CRISIS INSTIGATED BY NO MONEY OR LOW MONEY DOWN AND BS QUALIFICATIONS
2) INSURERS DIFFICULTIES IN THE LATE '80'S AND 90'S - AND SO CALLED VANISHING PREMIUM POLICIES 'REINCARNATING'
BOTH (INSURANCE & RESIDENTIAL REAL ESTATE) GOT F**KED UP AND LOST THEIR WAY (OBJECTIVE) WHEN THEY WERE SPUN, SUBSIDIZED INTO ATTEMPTS TO MAKE THEM INVESTMENTS
AND THAT' A SCHWARTZING - go wash you hands