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REDDIT

Question about life insurance as an investment

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Mar 14, 2025 · 19:08

Hey everyone,

So I have a bit of an issue. My uncle has recently joined a life insurance MLM company (Global Financial Impact) and is trying to convince my grandmother to invest money into this for her grandchildren’s for retirement (including me). I for one do not support shady MLM businesses period. But, it seems as though he has my grandma completely convinced, and I worry that she is putting her money towards the wrong thing. I would like some advice on the actual investment and if it is worthwhile. I’d like to know why or why not, and what other/better options might be.

Thank you all for your time!