Insurance companies announced that variable universal life insurance sales have grown over 100% while term life sales are down. Well, these companies are great at convincing you that you can save for retirement and have life insurance with one product and forgetting to mention fees, commissions, and penalties. Listen as Paul shares some insight on products that he used to sell and now encourages people to avoid. Later in the show, Charlie Munger says he wishes cryptocurrencies didn’t exist.
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