by JJM » Sat Jul 30, 2016 8:18 am
Some lifetime deals are good no doubt. For example, if you are a disabled Veteran in Iowa, you can get a lifetime hunting / fishing license for $7.
My line of thinking only applies to the expensive ones. Places like the VFW, DAV and AMVETS aren't too bad. But other places, like the NRA and Legion, are quite expensive.
The NRA for example, is going to cost you $1500 for a lifetime membership. Or $40/year. I am confident if you take the $1500 and put it in bullion, you will win big via what is essentially "reverse dollar cost averaging". Let inflation work for you. Plus, you have the benefit of "holding" what you own during that time.
This advice probably won't apply to many, but for those that it does I think its sound.