cra97 please don't worry about hurting my feelings this is a public post. Your investment ideas sound great and I am not trying to doubt them but I don't know anybody that would actually take the time to do that but it is great to talk about. I know that you said that it does not take that much money to do but to really get the return on your investment you would have to have a pretty good sum to get results.

BUT when it comes to life insurance, term policies are like throwing money in the toilet. You are basically betting on your life. If you don't die within the terms timespan then you lose all the money you paid and get no benefits from the policy. With a whole life policy the security of having the protection for your family for the rest of your life is the main purpose the cash value that builds is an added bonus. I don't know what whole life policies you have been looking at but you may want to check out Northwestern Mutual's. We have paid more dividends the last 5 years than any other insurance company. Actually we paid more than the next four companies combined.

I would really like to know more about why you don't like whole life policies.

Chad Hack