My wife and I each have $0M of term life insurance. Why $0M? Because we invest in Canadian energy companies and it's a ride or die lifestyle. Want to know how much life insurance you you need? Well it depends do you own $cnq or $sgy.
My wife and I each have $0M of term life insurance. Why $0M? Because we invest in Canadian energy companies and it's a ride or die lifestyle. Want to know how much life insurance you you need? Well it depends do you own $cnq or $sgy.
@SteveWps I buy life insurance because the average life expectancy of someone with a portfolio of Canadian E&Ps is 42
@SteveWps This is funny but I hope no one takes you seriously lol
@SteveWps 4,500 a year into life insurance... Car & home insurance, fuel, morguage, food & heat/hydro/water ... plus life insurance. $55,500 after tax $ ... tight!
@SteveWps I have $ 250,000 and it's to cover business-related ops shortcomings if something happens + balance of a small mortgage and line. It costs me less than my Equifax monthly statement...
@SteveWps U might need that life insurance once ur wife finds outs
@SteveWps Oh a Canadian Energy investor! You’ll be glad to know that the new capital gains limits only affect people who profit off their investments, so you’re safe!