Quote:
Originally Posted by disneysteve
Term - PERIOD!
Never, ever confuse insurance with investing. Keep the two things separate at all times. Stay away from whole life. Get a level premium term policy for 20 or 30 years. Premiums are very low and fixed.
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Seconded. Using insurance as an "investment" is never a good idea. If you crunch the numbers you'll see that the earnings are never very much, if anything at all. Get term, and save the extra you would be spending on the other policy for REAL investing.