What are the REAL benefits/downsides of whole life insurance? My TikTok is flooded with these finance gurus trying to sell it and are saying all kinds of stuff that sound sketchy like infinite money loops and whatnot
In: Economics
I bet if you catch the names of the companies they work for and you do a bit of digging, each and every one will be an MLM. They are not “finance gurus”, they are people that got duped into joining. I’ve seen exactly the same thing on my social and have googled 2 of the companies so far, both were MLMs and one was an offshoot of Primerica.
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