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PMT Forum's MOST POPULAR Discussion Boards => Banking / Insurance / Credit Cards => Topic started by: mjtfernandez on Apr 25, 2014, 02:37 PM

Title: PROs and CONs of Buy Sell Invest the Difference
Post by: mjtfernandez on Apr 25, 2014, 02:37 PM
Im sure there will be differences in opinion and this is quite a controversial topic... :rakenrol:

Buy Sell Invest the Difference may not necessarily be the best option. Sometimes investing in VUL can be. I have tried doing a computation for Buy Term and Invest the Difference for certain ages and most often after 10 to 15 years, the fund values for VUL are bigger than the buy term invest the difference.

Also there were several times I meet people who got term insurance and just failed to pay within the grace period. Some people when they tried to reinstate their policy had to do medical examination again. And since the medical examination most often will show rated results due to aging, the premium usually gets increased or the renewal is refused.
Title: Re: PROs and CONs of Buy Sell Invest the Difference
Post by: empleyado on Apr 26, 2014, 07:26 AM
Can you share the computation? I thought investing the difference is better than getting a vul.