Friday, 11 April 2014

Someone just tried to sell me Life Insurance ....

This thing of LIFE INSURANCE smells fishy to me!!!

How do i give a person nearly 1.5M Shillings (6K per month), then they sit on it for 18 years ....... and then give it back to me ...... all the while knowing full well that the probability of me dying is about ZERO!!!

Looks like someone wants me to open a fixed deposit account, but with ZERO interest ..... has all the markings of a con ..... the guys intend to trade with my money and give me NON of the PROFITS!!!

I believe I would be better off with a 20yr fixed deposit account at 6% interest, in which I deposit 6K monthly .....

Better yet, I may be better off investing in money making assets or PEOPLE .... that can bring bigger returns over time and build my reputation in the process ..... afterall money is just an idea, what you do with it is what gives it value ....

Screw LIFE INSURANCE .... its technically not possible to insure a "life" .... Life is meant to end at some unknown point BY DESIGN!!!