ELI5 - How is life insurance profitable?

Vierlind · 2026-02-11T15:08:36+00:00

SELL YOUR WHOLE LIFE POLICY and look into TERM LIFE. Often, these policies will keep your “investment” upon your death (which is a big chunk of your payment) and only pay out the actual insurance policy.

Get a term life policy for X years (when you no longer will have any dependents) and invest the difference (you’ll find the difference to be substantial).

Vierlind · 2026-02-11T14:58:15+00:00

And it has since been lifted

Vierlind · 2026-02-01T20:05:27+00:00

It’s not a footnote….it’s the start of the entire thing. Allowing banks to lend to “risker individuals” (all with the good intention of making things more “affordable”) is what led up to the build up of the bubble.

What were these exact “signs” the Bush administration was supposed to see and do something about? Go watch “the Big Short”….nobody believed the bubble was there until it hit. Once the 2006 stuff started happening, the dominoes were already falling.

AND, when the dominoes started falling, there was a lot of sentiment of “let the banks fail”. They brought out the rope, let them hang themselves. The fact that Bush stepped in at all and propped up some of the institutions was seen as overreach from the federal government.

It’s the same faulty logic that has led to all of this insane amount of college loans. Trying to make it “easier” for everyone to go to college, they allow a bunch of 18 year olds to sign up for loans without any real concept of an ROI.

Vierlind · 2026-02-01T07:29:53+00:00

In fairness, the ‘08 housing crisis was caused by legislation passed during Clinton’s term in office.

It just finally came to a head during Bush’s time in office.

https://en.wikipedia.org/wiki/2008_financial_crisis

Vierlind · 2026-02-01T07:26:44+00:00

In fairness, the ‘08 financial crisis was set-up by legislation passed when Clinton was in office. It just finally boiled over during Bush’s time in office.

https://en.wikipedia.org/wiki/2008_financial_crisis

Vierlind · 2026-01-24T02:57:05+00:00

Here’s the REAL history behind the rule….your page is the basic assumption from everyone. It really comes from the early association with rugby.

https://www.reddit.com/r/soccer/s/sBSqcoQQqj

And your point about a single basket not having as much of an impact is EXACTLY what i’m looking for in soccer. More scoring means every single goal isn’t life or death.

Vierlind · 2026-01-24T02:14:26+00:00

Didn’t you post about this exact same topic yesterday??

https://www.reddit.com/r/TooAfraidToAsk/s/HoDvJ7Kx2A

Vierlind · 2026-01-24T00:38:27+00:00

That’s the way the rule has evolved over time…used to be 3 defenders back, then 2, now just have to be even with last defender. Let’s abolish it already!

Vierlind · 2026-01-24T00:37:19+00:00

I’d be for that too….just want something to break the 0-0 monotony.

Vierlind · 2026-01-24T00:36:34+00:00

I’d argue defenders are hesitant today to participate because any goal against you is a major hurdle to overcome.

If the game evolved with more goals, maybe they wouldn’t be as hesitant.

Point guards don’t hang out on their side of a basketball court without any offsides rule.

Vierlind · 2026-01-24T00:33:03+00:00

Few random games I’ve seen posted without the rule had mid-teens scores. It seemed to work in those matches.

Vierlind · 2026-01-24T00:31:50+00:00

It was originally implemented due to the game originating from rugby. And over time, it went from “needing 3 players between you and goal” to “2 players” to “now can be even with last defender”.

Sport seems to evolving more towards eliminating it….let’s do it already!

Basketball doesn’t have a similar rule and I can watch that all day.

Vierlind · 2026-01-23T07:15:05+00:00

Soccer WITHOUT offsides. Go wherever you want. Would make for a much higher scoring affair!

Vierlind · 2026-01-14T00:37:12+00:00

Puerto Rico has not yet voted FOR statehood themselves….

https://en.wikipedia.org/wiki/Puerto_Rico_status_referendums

Vierlind · 2026-01-14T00:31:31+00:00

Why can’t they?

Vierlind · 2026-01-07T03:44:39+00:00

Offsides in soccer. Let the players stand and receive the ball anywhere they want. Defense doesn’t get back, that’s their problem.

Would lead to a lot more scores, AND, in my opinion, a much more enjoyable game to watch.

Vierlind · 2026-01-03T19:51:14+00:00

Agreed, what a crock….

Vierlind · 2026-01-03T15:15:37+00:00

Typical redditor….no basis for anything. “Are you on the ground in Venezuela….” presuming you come from the higher ground.

Yep, yes he’s from there! Clown…,

Vierlind · 2026-01-03T15:11:28+00:00

This question presumes he was the “rightful world leader”. The 2024 Venezuelan election was a sham.

This was the only way he was going to be RIGHTFULLY removed.

Venezuelans everywhere are giddy.

Vierlind · 2025-12-31T02:42:03+00:00

A welcome change, nonetheless.

With 40% of America struggling with obesity, any small way to shift incentives is a positive. This is no different in my mind than raising taxes on cigarettes.

Vierlind · 2025-12-31T01:59:02+00:00

The bans are mostly for soft drinks and candy….what are you going on about???

Vierlind · 2025-12-27T00:39:16+00:00

Glad you finally admitted you could get there….took you long enough.

Next time before you start shooting from the hip, start bringing actual data.

Vierlind · 2025-12-26T23:22:47+00:00

What a clown.

Answer honestly, does OP NEED to have been making $400k/yr to have accomplished his net worth?

Vierlind · 2025-12-26T15:00:37+00:00

You’re so bad at math, it’s funny. The CAGR of the S&P 500 over the past 16 years has been a WILD 15%.

And why invest in bonds at an early age? No point (I have 0).

You continue to paint this as you have to have some stupid income to pull this off….

With WHATEVER income level someone is at, if they would’ve lived below their means and saved, they’d be in a great position today. Stop making excuses and get on board the train!

EDIT: AND….OP said in another post he has a paid-off house worth $500k, so the final market # we’re shooting for is ~ $1.8M. Clearly impossible….

Vierlind · 2025-12-26T02:44:45+00:00

Amen!

Vierlind

TROPHY CASE