Level 15
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"me and a bunch of other investors are putting this money into our IRAs that are paying the premiums on life insurance contracts for people that are old and when they die, we get a payoff"

I assume they are going that route after they closed down the horse racetrack where their IRA dollars used to go?

ACME Taxes, Tatoos, Tires and Turtles (I've expanded my line of products to better serve you)