Jul

5

 I was recently approached by a salesman who showed me a variable life insurance policy. Despite the high costs and limited investment options, it seems the tax advantages make up for it being that it’s like a Roth IRA without the limitations.

I know several people who have become wealthy as long-term investors in stocks, and know many similar stories that have been written about people I don't know. I wonder why you don't hear anecdotal stories about people becoming wealthy by investing in equities via life insurance?


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