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Author: yobria Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76397  
Subject: Re: Variable Whole Life Policy Questions Date: 1/22/2004 10:00 AM
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I don't have a specific answer to your question, but generally, don't ever buy a financial product that isn't easy to understand.

Term life insurance is easy to understand. Whole life isn't. So buy term only. Mutual funds are far easier to understand than deferred annuities. Individual securities are even simpler than mutual funds.

Complexity almost always benefits the seller, not the buyer.

Nick
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