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DoubleF · 03-13-2015, 09:56 AM

I understand the theory of how you can invest the other side, but what if you choose a few bad stocks? I'm sure a dividend paying blue chip is the way to go, but then I'd check all the time and my face would go up and down with the stock price which might make me need to use my insurance quicker. I also would not have the self control to keep my investments settled and probably would emotionally cash out and swap into something OR WORSE, cash out and spend the money on something dumb.

I close PLI? (This terms doesn't sound quite right to me, might have something different) because
1. Peace of mind
2. No touching of the "investment" and no crazy emotional swings watching the market
3. No extra effort needed other than setting the money aside to be vacuumed away monthly (ie: Choosing investment vehicles and/or changing them)
4. Supposedly I'll finish funding it in my late 30s and it will just grow from there?

There are flaws to my idea sure, but that's what I chose. I believe someone has once suggested you can always consider a combination of the two as well.

03-13-2015, 09:56 AM	#3
DoubleF Franchise Player Join Date: Apr 2014 Exp:	I understand the theory of how you can invest the other side, but what if you choose a few bad stocks? I'm sure a dividend paying blue chip is the way to go, but then I'd check all the time and my face would go up and down with the stock price which might make me need to use my insurance quicker. I also would not have the self control to keep my investments settled and probably would emotionally cash out and swap into something OR WORSE, cash out and spend the money on something dumb. I close PLI? (This terms doesn't sound quite right to me, might have something different) because 1. Peace of mind 2. No touching of the "investment" and no crazy emotional swings watching the market 3. No extra effort needed other than setting the money aside to be vacuumed away monthly (ie: Choosing investment vehicles and/or changing them) 4. Supposedly I'll finish funding it in my late 30s and it will just grow from there? There are flaws to my idea sure, but that's what I chose. I believe someone has once suggested you can always consider a combination of the two as well.