I may sell investments to buy whole life insurance. Is that smart? – NJ.com

Q. I’m thinking of selling some of my investments to buy a whole life policy that has a guaranteed return. I know I shouldn’t sell when stocks are down and I don’t need the life insurance, but I can’t stomach the volatility. What should I consider?
— Investor
A. We understand why stock market volatility has been making you uncomfortable.
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (User Agreement updated 1/1/21. Privacy Policy and Cookie Statement updated 7/1/2022).
Cookie Settings
© 2022 Advance Local Media LLC. All rights reserved (About Us).
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local.
Community Rules apply to all content you upload or otherwise submit to this site.
Ad ChoicesAd Choices


Leave a Comment