One of the common misinterpretations folks totally not versed in money and finance is that if you invest, you are automatically well versed in other areas of personal finance. The two are are not well correlated all the time.

I do have many experience investors around me, that while they can astutely spot good businesses and make consistent money, personal finance is something that they have to learn or picked up.

Insurance is a whole different monster to them all together and it is especially tough for young folks who are just starting out working. If you do not have good resources that provides a primer to the dos and don’ts, what the adviser sells you, it will look like value for money.

My friend was asked to provide a second opinion whether this policy is better than a whole life policy. One thing to note is that my friend ...