Put Up Or Shut Up

I don’t always participate in Fakebook groups but… when I do… I prefer a shot of rum first.

Some of the more entertaining ones are on investing.

Now don’t get me wrong. I love helping people out. I think financial education should be more widespread.

It makes me sad that most people only have like… $100,000 saved up by the time they’re 60 years old.

These people needed help like 20 or 30 years ago and never got it.

It’s awful.

Problem is… the landscape these days is largely controlled by woo-woo feel-good geeew roos spreading tactical financial advice all across their kingdumb.

And they’re outraged (outraged I say!) at the thought of a dissenting opinion or principle-based approach.

Still… sometimes even I cannot help myself. And, in my humble (but accurate) opinion, it sometimes always helps to have an opposing viewpoint.

Well, the other day, Yours Unruly (re)learnt that no good deed goes unpunished.

Someone had asked when (or if) it ever made sense to convert term insurance to whole life.

I gave the person a few reasons why someone might consider it as well as when it probably DOESN’T make sense.

Someone hijacked the thread I was participating in to call whole life a scam and me a scammer for daring to recommend it to anyone. (How dare I!!!!1).

I never take these things seriously… especially when the response contains only partially coherent sentences.

But then more people chimed in. And not all of them acted like crotchety old men with low T.

And so… a fun game of cat and mouse ensued.

For a while.

But even that got boring and the insults from the other side got increasingly lame.

So I asked all the critics just how sure they were of their position.

I offered them some easy money… a way to make some moolah off Yours Gambly by placing a wager.

You know… really rip into my jugular… tear me apart… and make me BLEED from every orifice.

Cry uncle… and leave me for dead.

You know something? That sounds kinda graphic, doesn’t it?

But, you should have seen the vitriol.

I told them I could demonstrate how whole life insurance was not only not a crappy product… it could enhance (almost) any investment strategy while simultaneously reducing risk… even though the raw returns of the product itself weren’t “all that.”

The rules were pretty simple. I “put up or shut up.”

I had to show how whole life could be used to improve the safety and general performance of an investment strategy (this also applies to any business you run or manage).


…do it without getting in the way of that investment strategy or sacrificing the returns of said strategy.

How many takers do you think I had?




How about 0 (zero).



Before I could even suggest an escrow for the funds, they all scurried like cockroaches.

And so it is on the Interwebs (and elsewhere).

There are a lot of talkers but not a lot of doers. Lot of people who are more than willing to give you financial advice but aren’t willing to put their money where their mouth is.

They talk a good game… but don’t have the brass to back it up.

They’ll brag about their 20% returns in the market (on $5,000 of savings)… while they are drowning in $100,000 of student loan debt.


On to bid’niz.

If you want to learn more about how whole life can enhance the general performance of your business (or some investment strategy you have in mind), while reducing the risk of you losing a buttload of moolah, go check out my latest video.

I ain’t just whistlin’ dixie with this stuff:



David Lewis, AKA The Rogue Agent, has been a life insurance agent since 2004, and has worked with some of the oldest and most respected mutual life insurance companies in the U.S. during that time. To learn more about him and his business, go here.