I’m happy in 1800 sqft! Until I get a Tesla robot slave to clean for me
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Same. I’m more interested in private recreational outdoor spaces suited toward spring, summer and fall fun.
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That sounds sorta…funky
Lol I can’t find the thread where we were talking about narco mansions.
If $5mm can’t buy you a house with an outdoor space, I think the American Dream is dead.
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It was the house I was gonna buy for 1.9 in 2015 to rent out that’s now 9.9 haha
Also still on the market
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Looks like Ben Mallah’s old place.
I didn’t know you toyota boys were balling like that…
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Business not residence. Wanted to make it a wedding venue. But at 2-3% mortgage rates 1.9 used to be doable!
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I saw a mortgage for a friend that bought last year, ooph!
It’s crazy how RE has went crazy since Spring 2020. Rents doubled, houses doubled, mortgages doubled, land doubled, labor to build houses doubled, material doubled, the only thing that didn’t double is my x7 m60 
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If you died while trying to amass more gains than the whole life policy would, died let’s say when you’re in year 8, your family would be helped by the death benefit. Sure, a term policy would provide a death benefit at year 8 with much less laid out in those 8 years, but what if the term policy expires when you hit 65 and things don’t pan out for you financially by then? Insurance is for covering scenarios that you’re not sure you will need. Peace of mind when you can’t predict the future.
I agree, whole life not for everyone, but it’s not for no one
For a fair comparison the premiums you spend on the whole life would be invested and the person would be far far ahead of the value of the policy. If you’re claiming someone would squander the whole premiums they would pay then that is not a reasonable comparison.
There are very fringe/niche scenarios where it could be beneficial for someone such as the tax savings mentioned above, but these are exceptions.
Whole life in general hurts numerous more people that it benefits.
This is not true for term which is generally reasonably priced and a reasonable option to limit downside risk, serving as insurance. Whole life is a shitty investment combined with shitty insurance.
Please conjure up a scenario with numbers that shows someone coming out ahead bc I can come up with infinite ones where they do not.
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It’s not really adversarial it’s basically 1) people who understand math vs 2) people who don’t and people who benefit off scamming other people (whole life salesmen)
I usually never agree with much of what you say, but agree with you on whole life being awful generally speaking. Without going into the weeds, permanent insurance generally only makes sense if you’re beyond wealthy. There’s some attractive games you can play with them in that case.
Anyone who thinks whole life/permanent insurance is a great investment for your everyday individual is crazy.
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