Thank you to everyone who replied on my other post! You were right and he recommended whole life insurance as well as term. His reasoning was that whole life is "not market exposed and tax free" and that it's important to have a part of your portfolio that's not market exposed (that was his response when I brought up investing that money instead of paying it toward whole life insurance each month).
What's the flaw in the reasoning here? I didn't know how to respond because I don't know enough about investing.
Submitted August 25, 2021 at 08:48AM by JessicaRose https://ift.tt/3jhZqxE
