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Whole life insurance policies are non-correlated assets. Regardless of what happens in the market (stock, actual estate, or otherwise), your insurance policy maintains its well worth.
Market-based financial investments expand wealth much faster yet are exposed to market variations, making them naturally dangerous. Suppose there were a third pail that provided safety yet likewise modest, surefire returns? Entire life insurance policy is that third container. No matter of just how diversified you think your portfolio may be, at the end of the day, a market-based investment is a market-based investment.
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