Here's an Interesting Website.....

[FBN]

..... owned by a doctor who doesn't like the financial services industry or insurance very much. His arguments as to why he hates WL and UL elicited the most comments. Check it out.

8 Reasons to Avoid Whole Life Insurance | The White Coat Investor- Investing And Personal Finance Information For Physicians, Dentists, Residents, Students, And Other Highly-Educated Busy Professionals

 

[Newby]

I bet that's the guy who is real active on the Bogglehead Forum. I forget his name but there is a doctor on there that HATES whole-life, annuities and pretty much anyone who works on a commission.

I went on there for a short time and tried to educate them on Med Sups (they had tons of wrong info). Some of them really appreciated it but all they really want to know is where to buy them and cut out any commissioned insurance agent. As a group that forum is a collection of the worst people who would push their own mother in front of a bus if it saved them a nickel.

Their whole gig is that everyone should invest in VanGuard indexed funds and pretty much anything else is evil and won't work.

 

[pcbinsurance]

I didn't read that crap but perhaps it's Suze Orman's gynecologist?

 

[FBN]

Yep, thats him on bogleheads. I guess only doctors are entitled to get paid for their work. Interesting to note that John Bogle is predicting that the market will decline by 50% at least twice in the next 10 years. They may wish they had some of that terrible WL and UL if that happens.

 

[Larry Tew]

I didn't read that crap but perhaps it's Suze Orman's gynecologist?

That would sure enough put me in a foul mood.