One’s battle versus World Financial Group (WFG) and Transamerica continues. One has more or less finished one’s research on WFG and is now researching Transamerica. One’s research comes from You Tube, while one is taking a shower or having a bowel movement. One is also listening to an audio book about insurance, but not exactly sure if it is helping one in his quest.
Research accumulated so far: one needs to keep insurance separate and investments separate. The saying was: keep insurance insurance and keep investments investments. A lady, smarter than one, compared putting one’s money in this life insurance versus anything else. If one were to invest $40,000 into this insurance for ten years, to one’s recollection, one thinks he would lose $10,000 and end up with $30,000. BUT if one would invest in a normal or better than average investment, he should make $60-$80 thousand in ten years. If one would do the math, he would notice that not buying insurance would make more profit.
One is still researching for more evidence, but this is a great start. It is enough to drive the nail down, but not enough to finish it. My research continues.