No. of Recommendations: 1
For very risk averse people, such as myself, this is a good thing.

Could you expand on this? IIRC, years ago while posting with your original user name, you would talk about the number of rental properties that you owned. Doesn't real estate have its own risks for decrease in value, lack of tenants, bad tenants, repairs, etc.? Also you were a proponent of the mortgage loans indexed to the LIBOR rate. Although history looks favorable on that LIBOR rate, it isn't without its risks. Would you say you take larger risks in areas you understand and less risk in areas that you don't?

The reason I took out an IUL policy is that I don't trust my government. Every day I see less and less reason to trust my government. Considering the voting constituency of the U.S., I think the Republican party is pretty much doomed (you can't win against Santa Claus). The dollar is being devalued and the national debt is untenable. When desperado Dems get their backs completely against the wall, I doubt that government sanctioned 401(k) and IRAs will remain beyond their reach.

Don't IULs have their own favorable tax treatment. Why do you think 401k and IRAs have risks of government intervention but the IULs won't be affected?
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