Asked by Anonymous
Curious to know! Because I think many of us are in our 20s and are focusing on our job and a salaried income now (accumulation phase), rather than focusing on investment growth yet, as we don't have a good base to begin with.
I have answered a similar question earlier but I will add on to it here: It is always easier to see looking hindsight in life.
Buy term insurance instead of whole life insurance. Buy term and invest the rest.